NaturalShrimp Inc (SHMP)

[uber darthium]

So which one is the lie ? “…today closed the previously announced acquisition of the aquaculture assets of Hydrenesis Aquaculture, LLC for $12,500,000, consisting of $4,000,000 in cash and the balance due in NSI common stock …”


“The consideration for the Equipment Rights consists of the sum of $2,500,000, with $500,000 in cash paid at closing, and $500,000 to be paid on the first day of the next calendar quarter, plus $250,000 to be paid on the first day of each successive calendar quarter until the amount is paid in full.”

SO WHICH ONE IS THE LIE ? Certainly can’t have both and nothing is common between these deals

SO THE ALLEGED $10.50 PER POUND ISN’T REALLY $10.50 BUT ACTUALLY $ 9.28….

$1.31 or 12.5% to Hydrenesis

$ 9.28 per pound. We know the costs are significantly higher than $5.50…

Guess how much cash they raised through toxic financing ?

“ Cash provided by financing activities. $12,091,692 “ ( for the quarter )