NaturalShrimp Inc (SHMP)

[eqinvestor]

Utah, what I continue to claim is that their announced costs when they were using biofloc was over $5.00. It is scientifically impossible for the costs to have gone down when they switched to these systems. As far as their costs, their estimate is as good as mine. They have never produced at scale and at the required density to even understand how many hours they have to run these machines a day to keep the water balanced to grow shrimp.

What I have seen is $22 a pound shrimp. I would assume unless their certified idiots that if their cost was $5 per pound, they would be trying to establish a market for which there is none right now and sell them at $12 a pound. That would obviously be common sense.

I also know the EC came from Lattitude which is bankrupt. So what Natural Shrimp currently has is a supplemented EC system in which the originators of the EC tech were Lattitude where Peter worked which went bankrupt. I get the fact that the system is much more than EC. That I agree.

Everything I've said is spot on.

Just remember:

1. Loss in excess of $30,000,000 this year.
2. Less than $1,000,000 in sales this year.
3. They will announce that they will have to build processing facilities at each location.
4. They will begin selling frozen product.

Let me add 2 more.

1. The SPAC will not happen.
2. Your S-1 will not be effective in a week as you predicted.

I welcome you to call me out when I'm wrong.