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Re: eqinvestor post# 103879

Thursday, 12/15/2022 3:35:24 PM

Thursday, December 15, 2022 3:35:24 PM

Post# of 113426
Not only do you not provide sources or details regarding the random prices you put forth, it's also nonresponsive to the premise which was a comparable competitor. In addition to providing no hard data, you've named no company to whom your pricing refers, let alone a comparable competitor to SHMP. No citation to any shrimp producer who can sell shrimp free of antibiotics, chemicals and microplastics. In arguendo, even if the cost to produce SHMP shrimp is greater than industry average, the shrimp are healthier to consume than industry average; and, as such, people will pay a premium. If this were not true of consumers, we wouldn't have any luxury brands. The contention that SHMP's costs MUST BE the same or below industry competitors in order for SHMP to be competitive and profitable is just unsophosticated.
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