DO YOUR DUE DILIGENCE! NATURAL SHRIMP had financing in place months ago to cover expansion plans and buy-outs.
Their purchase the other day of Vero blue brings them 240 additional tanks in the Midwest.
Add in their state of the art Texas plant housing I believe another 40 tamks in facilities the size of two football fields makes them now the largest RAS shrimp facility in America.
And add to that their partnership with Econopex that is 100 percent financing a huge facility next to an Atlanta airport hub in which they will use the NS technology, with NS retaining 51% profits.
If you have done your due diligence, you know the recirculating ec technology they have patented showed 95% plus viability for their shrimp raised to maturity, really an unheard of success in a field in which no other land based shrimp operation has been able to do or maintain consistently because of inevitable disease and waste issues that crop up...the up-to-now choice by these other comoanies had been biofloc in its many guises that at best would produce perhaps a 50 percent survival but usually more in the 20% range.
Most, if not all, of those land-based companies therefore, over the last many decades, have gone belly up for this reason, none having developed a technology that could assure a disease and contaminant free environment and consistent harvests.
The success of this new technology emboldened the expansion of assets by NATURAL SHRIMP at this time in the US and the current lifting of stock price as people are investing, drawn to the potential, with juveniles entering the tanks in the upcoming first quarter and harvesting commencing in the second, and from that point on producing fresh to market bi-monthly and year round.
They will also commence internet sales direct to consumer.
Grow out usually takes around 26 weeks as opposed to raising certain fiah species that can take up to two years and shrimp is the most consumed seafood in America and around the world.
This is not only now the largest land-based shrimp company in the US, but a huge breakthrough in a green disruptive technology as up until now we have had to rely on most shrimp coming in frozen for one to more months from India and Eastern nations, much of it unfortunately contaminated by antibiotics and disease and often banned for import for this reason, and from farms that in the east that have been in open waters that have seriously polluted their environment, permanently damaging huge swaths of mangrove swamps and killing that vegetation that supplies a lot of the oxygen in earth's atmosphere, not to mention the huge amount of plastics these animals are ingesting in our polluted waters.
Land-raised natural shrimp will contain none of these pollutants..
To reach this point has been a long, hard journey for Natural Shrimp, which started off as a biofloc company, but after the usual issues turned to f&t, a water treatment company, and it took another five years to develop and then patent the vibrio suspension electrocoagulation-based technology, for which their patent was approved last year, with build out of those units,, which are easily put to work with existing tanks, by Trane technology.
AI
