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Re: None

Saturday, 05/25/2019 10:55:33 AM

Saturday, May 25, 2019 10:55:33 AM

Post# of 113420
With the continual rise in O/S the pps will unfortunately keep sliding downward until the company can publish production, profitability, cost of revenues, scalability, etc numbers.

I believe 100% in the technology but its the business side of the house that is worrisome. It will most likely take until the end of the this year and into 2020 to build out a complete operational facility with 24 tanks running 24/7 year round. With this data Natural Shrimp will be able to lure other JV and investors for the costs associated with building such facilities in Las Vegas, LA, NYC and other major metropolitan areas. This process will take time.

Will they continue to increase the O/S? Still plenty of room in the 900 million A/S but with every 20, 50 or 100 million increase that lowers eps and pps. Plus I believe there are multiple notes coming due in the upcoming months.

I hate to see a rise in O/S as it erodes shareholder value. Long term we should still be good...short term it wouldn’t surprise me to see SHMP test the single digits this summer. After all this is the OTC and summers can be brutal for a stock in a southern drift.

We shall see...
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