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Re: None

Tuesday, 06/11/2019 5:25:58 PM

Tuesday, June 11, 2019 5:25:58 PM

Post# of 113257
That is an excellent question RT! I guess it would depend on the specific contract negotiated with NS and F&T. Probably depends on the advice of their CPA if the company entering into the JV, partnership, or licensing agreement is a small Fish Farmer or a larger Corporation. There are probably tax saving benefits they can take advantage of.

Either way, they probably would capitalize the equipment cost and amortize the expense over the 10-15 yr life span of the equipment. By determining the sweet spot for stocking pl to generate maximum yield, ROI and profits, they will benefit greatly by using the patented RAS one-of-a kind technology.

That doesn’t include the Barramundi production capabilities, as well as other species, like Salmon. If they have the ability to grow Salmon in a shorter timeframe than traditional methods, there would be unlimited potential for NS. And us longs :)

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