NaturalShrimp Inc (SHMP)

[eqinvestor]

A brief comment on today's press release. Although I was adamant that the SPAC was not happening, I would say the chance of the $10-12 million raise happening is about 10%

In order for me to increase the odds, I would have to see three things.

1. A withdrawal of the current registration statement.
2. Maintain a market cap in the area of $30,000,000
3. Continued cooperation from current toxic investors.

I would also estimate that the real number if done will be about $7,000,000. That is calculated by 1/3 of the current market cap with a 30% discount to get institutions to buy in.

This is a unique situation because the toxic idiots know they are white water rafting and are about to go over a waterfall. Therefore, they may and I stress may maintain patience. I'm sure John Fife has already researched what the company would be worth in a fire sale but the numbers are not helping his stomach condition as a result of the millions he is spending on his SEC lawsuit.