NaturalShrimp Inc (SHMP)

[Running Q]

You do realize SHMP is currently priced at a one facility “full production price”?

6,000 lbs x $5 profit per lb = $30,000
$1,560,000 yearly profit
313,000,000 O/S
.00498 earnings per share
P/E of 25
.1246 price per share


This is for one completed, fully operational facilities producing 6,000 lbs per week. Achievable? Yes...but they are no where close to reaching these numbers. Natural Shrimp still doesn’t have a fully built out facility.

Today’s buyers of SHMP stock are buying at a premium price with the hopes of 6,000 lbs per week along with achieving a $5 per lb profit margin. Still don’t know the profit margins and cost of revenues.