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Re: Seasighs post# 109316

Wednesday, 09/13/2023 10:06:48 AM

Wednesday, September 13, 2023 10:06:48 AM

Post# of 113435
Not really. I believe the tell was the bonus shares that could be paid to shrimp shareholders. That number was not created out of thin air. Look at it as a "the company is doing well threshold" I believe Yotta thought it will be impossible for SHMP to even come close to that number. In the end, Yotta was sold based on a pie in the sky scenario and when they realized there was zero chance it could happen, they bailed. And any SPAC that is being reasonably advised is going to make any equity payout based on meeting benchmarks. SHMP will not agree to that. As far as Niterra, it is plainstupid. Niterra is testing an ammonia sensor for accuracy. So when SHMP says they chose us, for what? Because their technology allows someone to remove just ammonia from water. That means zero.
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