Sunday, March 07, 2021 4:34:36 AM
Last time I checked Market price is 0.60 /share.. woopii yo
sorry but IF a company doesn't turn profits or show some revs in the 1st 5/10yrs of operations .. what makes them??
They must be profitable in financing deals and selling shares.. but no shrimps that's for sure..
That Barn they bought requires more $$ to turn functional ..
VeroBlue went BK with 100 millions in debt.. couldn't even pay utilities and land taxes: https://seawestnews.com/canadian-owned-land-based-fish-farm-goes-bankrupt/
What do you think will go better now .. still a barn in Iowa
shmp history.. 2001 to 2021, finds themselves in the same place .. no production more research and development.. I wish them better luck this time.. in Iowa or else.. haha
OK.. you might want to provide arguments, that they are just getting ready to expand and grow.. sure no comments there, I just took the time to look up industry and the most successful farms in US .. they all struggle:
USA is well known for not helping its farmers of any kind.. they all struggle ...
https://time.com/5736789/small-american-farmers-debt-crisis-extinction/
https://www.aquaculturenorthamerica.com/grim-prognosis-for-us-farmed-shrimp-sector-2214/
https://medium.com/sustainable-seafood/4-best-countries-to-get-your-farmed-shrimp-f05f602a193c
This is what Thai and Thai gov does for industry, but please feel free to look up other countries like Ecuador, Indonesia, Madagascar, China,
and this is just for fun.. since is weekend.. what happens in Asia should not only be in Asia.. beautiful farming
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