NaturalShrimp Inc (SHMP)

[Monroe1]

8K is out. Toxic note not so toxic it seems. Lender is being mightily accommodating as to uplisting requirement. Who knows... with all the Form 4 buying, could be we see a postponement of RS or it being canceled.

Larger Sales of Shrimp are at hand so as income starts rolling in consistently we may not ever see the RS. Debt financing available for production sales, factoring etc all will be available.
With costs skyrocketing there is no way an ocean shrimper can compete.

1. Supply chain problems not a huge problem with production infrastructure almost finished.

2. Improved pro forma profit margins in comparison to industry standards

3. Diesel prices skyrocketing. Shrimp boat captains are being squeezed.

4. Premiums on Shrimpers insurance coverage climbing.