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Re: A deleted message

Wednesday, 02/17/2021 9:07:15 AM

Wednesday, February 17, 2021 9:07:15 AM

Post# of 113189
Anyone not buying in to SHMP at this point is going to miss the next leg up. The 10q confirms the stocking of the La Coste plant has begun and Iowa in March...further, they have begun the hiring of 50 employees in Iowa and the completion of a processing center for the harvests that begin the third quarter.

To give you an idea of how large these facilities are, the la coste tanks take up the size of a football field with twenty, iowa's Webster City plant has 280 tanks of the same size.

NS became the largest ras company growing shrimp in the US when it acquired these Iowa assets.

They have plans for expansion to double the size at La Coste and into other states, which wil take more capital, but that is the language of management that expects successful product and demand for that product and huge revenue to justify expansion.

NS is a winner.
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