Monday, August 19, 2019 3:27:55 PM
Is the NaturalShrimp Inc (OTCQB:SHMP) Party Getting Started Again?
By James Hudson -
August 19, 2019
It will be interesting to see if this is the birth of another rampaging run for shares of NaturalShrimp Inc (OTCQB:SHMP). The stock did an amazing magic act up the chart in February, soaring from $0.02 to nearly $1/share in less than two weeks. Friday brought some reason to watch this stock, with a bona fide breakout on the upside. To help flesh the story out, the company just announced that they have entered into an agreement that will expand their first commercially-viable system for growing aquatic species indoors to include not just shrimp, but all aquatic species, with the integration of Hydrogas, the patent-pending, anti-oxidant treatment offered by Hydrenesis, Inc.
According to the release, “NaturalShrimp is already in the process of expanding existing operations, and this additional patented-pending technology will allow its subsidiary, Natural Aquatic Systems, to expand its RAS capabilities outside of shrimp to cover all aquatic fresh and saltwater species, significantly expanding the Company’s market reach. NaturalShrimp is also testing the Hydrogas technology in combination with its own ChlorineGas technology to determine what other efficiencies can be added to its current RAS methodology. NaturalShrimp and F&T Water Solutions, LLC have already received U.S. Patent No. 10,163,199 B2 for the Recirculating Aquaculture System and Treatment Method for Aquatic Species (December 25, 2018) and NaturalShrimp maintains the exclusive worldwide rights for any shrimp species utilizing this patent.”
NaturalShrimp Inc bills itself as a global shrimp farming company that is developing a technology to produce fresh, gourmet-grade shrimp reliably and economically in an indoor, re-circulating, saltwater facility.
Its eco-friendly, bio-secure design does not rely on ocean water, but rather recreates the natural ocean environment allowing for high-density production which can be replicated anywhere in the world.
According to the release, “NaturalShrimp, Inc. (OTCQB: SHMP) is a publicly traded agro-technology company headquartered in Dallas, Texas with production facilities located near San Antonio in LaCoste, Texas. The Company has developed the first commercially viable system for growing shrimp indoors using patented technology that produce fresh, never-frozen, naturally grown shrimp without the use of antibiotics or toxic chemicals. NaturalShrimp systems are self-contained, saltwater production facilities that can be located anywhere in the world to produce gourmet-grade Pacific White Shrimp.”
?8/19/2019 11:16:20 AM?
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