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Re: eqinvestor post# 94570

Thursday, 05/06/2021 10:58:32 AM

Thursday, May 06, 2021 10:58:32 AM

Post# of 113017
I don't believe they will be exchanged for 82 MILLION common shares because I believe that the owners of the Series A shares realize how much money they're leaving on the table if they do that. Why settle for 82M and they are worth 544M by SHMP's own accounting.

And even if some of the owners of the Series A shares are dumb enough to settle, I see nothing that says the Series A shares owned by the SHMP insiders are part of the alleged "settlement".

The Series A shares are really the only way for SHMP insiders to cash out. Not one of them owns any substantial amount of common. And, IMO, SHMP will never be a profitable venture, so forget about income and divvies. The only way SHMP insiders will profit is to grant themselves options that vest immediately and provide shares available to sell right away...or cash in on their Series A shares.

I'm here for the entertainment and to entertain. I'm certainly not here to give financial advice and anyone who thinks otherwise is a fool.

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