Tuesday, November 23, 2021 8:37:50 AM
November 23, 2021 8:30am EST
Download as PDF
DALLAS, TX, Nov. 23, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- NaturalShrimp, Inc. (OTCQB: SHMP), a Biotechnology Aquaculture Company that has developed and patented the first shrimp-focused, commercially operational RAS (Recirculating Aquaculture System), today announced the Company and Gulf Seafood Inc. (GSI) have achieved a key milestone with the first commercial deliveries of live shrimp to customers as part of their previously announced purchase agreement signed in October for a three-month trial and delivery of 25,000 pounds of live shrimp which GSI will purchase, distribute and market.
The deliveries were made to customers in several major cities and transported using GSI’s proven waterless packaging method of keeping shrimp alive during shipping without the need for adding water to the package. Gulf Seafood has over a decade of experience refining and perfecting the packaging and delivery of live shrimp, having successfully distributed over 2 million pounds of shrimp using their waterless packaging technology.
NaturalShrimp also announced the successful development of an industry-leading packaging facility at NaturalShrimp’s Webster City, Iowa facility with Gulf Seafood assisting in the procurement of materials, setup including necessary equipment, logistical support, staff training and packaging necessary for shipment of live shrimp.
“The first deliveries of live shrimp are a key milestone in the commercialization of our land-based gourmet-grade shrimp,” said Gerald Easterling, CEO of NaturalShrimp. “Gulf Seafood has proven to be a valued partner through their distribution network, experience in logistics and packaging technology. These deliveries are also validation of NaturalShrimp’s patented RAS technology that can produce the highest grade of land-based Pacific white shrimp without the use of antibiotics, probiotics or toxic chemicals at scale and doing so in a socially responsible and environmentally friendly manner. Weekly production is on track for the first quarter of 2022, and our sales and marketing team, led by Marco Van Den Berg, is highly focused on attracting customers and finalizing customer agreements with distributors and processors for long term supply agreements.”
William Delgado, Chief Financial Officer of NaturalShrimp, added, “The development of an industry-leading packaging facility at our Webster City, Iowa facility is also an important marker in our partnership with Gulf Seafood. After Thanksgiving our goal is to duplicate this proven system and establish commercial distribution from our facility at La Coste, Texas that will allow an even greater geographic footprint for our live shrimp.”
https://ir.naturalshrimp.com/news-events/press-releases/detail/115/naturalshrimp-and-gulf-seafood-achieve-key-milestone-with
Recent SHMP News
- Form 8-K - Current report • Edgar (US Regulatory) • 09/13/2024 09:04:35 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2024 09:01:00 PM
- Form EFFECT - Notice of Effectiveness • Edgar (US Regulatory) • 08/13/2024 04:15:10 AM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 07/17/2024 09:31:02 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/29/2024 09:30:30 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 02/14/2024 09:31:02 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/09/2024 11:30:31 AM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/20/2023 09:56:11 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 11/14/2023 10:01:21 PM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM