NaturalShrimp Inc (SHMP)

[fantasytrip]

Natural Shrimp own 100% right to use the patent for shrimp so that no other shrimp company could use it, but they still were to split profit with f&t. Buying out the company gives them full profit/ownership of the patent, plus all contracts ongoing with other companies in need of applicable water treatment/technological development and build outs etc. and all profits from the patent's use with other species ongoing. It certainly is worth that, and the deal will be I believe anyway 3 million and the rest in stock, I thought the number was 5 million actually in total...don't know how that number doubled in that article...but even so 5 million and the rest in stock to own outright the technology is good for everyone from shareholders to the surviving Letizia family. I mean it doubles their profit from their own facilities to start.In any case the total cash output upfront is covered by the extended credit procured months ago with plenty of cushion for build out ongoing in La Coste and retrofitting the alder tanks.