NaturalShrimp Inc (SHMP): Thank you. So if there are 740M O/S, and...

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NaturalShrimp Inc (SHMP)

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Re: Anvil post# 102760

Friday, 08/19/2022 3:39:17 PM

Friday, August 19, 2022 3:39:17 PM

Thank you. So if there are 740M O/S, and Fife has 165M reserved, SHMP is actually over the 900M authorized shares by 5M shares. Not good.

As was posted earlier, SHMP will have to pay a big price to Fife get access to those shares. Or at least, SHMP "investors" will pay the price based on the YUGE discount Fife will be able to negotiate.

And if the 10-Q is correct, i.e., the Series A shares are still convertible to as many shares as are outstanding at the time of conversion, I don't believe that even a 50:1 R/S will cover it. Are we talking 100:1 now?

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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Recent SHMP News

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
Form DEF 14C - Other definitive information statements • Edgar (US Regulatory) • 09/08/2023 03:52:31 PM
Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/18/2023 08:31:49 PM
Form EFFECT - Notice of Effectiveness • Edgar (US Regulatory) • 08/15/2023 04:15:19 AM
Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 08/14/2023 09:20:31 PM
Form S-1/A - General form for registration of securities under the Securities Act of 1933: [Amend] • Edgar (US Regulatory) • 08/11/2023 08:52:47 PM
Form S-1/A - General form for registration of securities under the Securities Act of 1933: [Amend] • Edgar (US Regulatory) • 08/07/2023 09:04:17 PM
Form 8-K - Current report • Edgar (US Regulatory) • 07/26/2023 09:20:28 PM

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