Wednesday, October 05, 2022 11:18:14 AM
Land Assets valued at a minimum of $7.2M (and that's a 2019 figure)
Revenue Projection per Conference Call
2023: ~$7M USD
2024: ~$14 to $20M USD
Based in Rio Hondo Texas and covering 1880 contiguous acres of both land and water, the company operates the largest land-based aquaculture technology company in the United States pursuant to the number of acres of both land and water under control.
Government of Algeria is investing $30M to build Algeria's first large scale shrimp aquaculture facility, and TAA has the contracts to be the sole provider of the PLs and Broodstock, which will generate significant revenue, and on-going.
Looks like they are fulfilling an order for a large player in Egypt in Q4 2022.
"Why we believe our company and our genetics can be disruptive to the shrimp industry in North America and why we are receiving 7 figure orders from across the globe..."
We currently have contracts in place for 7 million PLs and 5,000 broodstock."
We are negotiating a contract for 100,000,000 PLs (one hundred million) to be delivered in late 1Q23/early 2Q23 with multiple outlets for broodstock.
We can obtain definitive contracts for up to 4 million lbs. of grow shrimp from two different Texas based distributors.
"We are one of 4 companies in the United State and Canada that controls our own broodstock, post larvae shrimp and our shrimp which are grown out to various sizes for human consumption. These capabilities create three separate revenue streams compared to many companies, even public companies that have zero control over their genetics. That means we are able to generate revenues 7 days a week, 365 days a year."
*all info pulled from the last two news releases or twitter.
https://www.otcmarkets.com/stock/GRPS/news
https://twitter.com/TransAmAqua
When the company starts posting some numbers and additional orders, we are going way up (.17-.25), even with our 1B share structure. I hope they leave it alone. GRPS is a strong group of long shareholders, unlike most diluted turds on the OTC that are accumulated and dumped.
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