NaturalShrimp Inc (SHMP): LDD, what "private and/or accredited inv...

S&P 500

US TECH 100

Dow Jones

Brent Oil

Bitcoin

NaturalShrimp Inc (SHMP)

Reply Private New

Keep Last Read

Replies (2) Next 10 Prev Next

Send PM Follow Ignore

Followers	7
Posts	1339
Boards Moderated	0
Alias Born	08/24/2020

Re: Long Duk Dong post# 110935

Wednesday, 12/20/2023 7:05:34 AM

Wednesday, December 20, 2023 7:05:34 AM

LDD, what "private and/or accredited investor" with half a brain would buy the Preferred Series A? YOTA didn't... Why contemplate an absurdity?

Let's also ask this question: Would it be fraudulent for NSI to sell the Preferred Series A?

IMO, if you can find a buyer and, if your answer to the second question is "no," then yes, NSI could legally, currently, sell the Preferred Series A to a private and/or accredited investor without creating a corresponding liability for NSI. The rub is that some will wrongly answer "yes" to the second question.

However, the ultimate question still remains: What would the buyer get? Voting rights? Conversion rights? Both? Neither; a NSI souvenir?

Keep Last Read

Replies (2) Next 10 Prev Next

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:

1D
1M
3M
6M
1Y
5Y

Detailed Quote

Recent SHMP News

Form 8-K - Current report • Edgar (US Regulatory) • 02/29/2024 09:30:30 PM
Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 02/14/2024 09:31:02 PM
Form 8-K - Current report • Edgar (US Regulatory) • 01/09/2024 11:30:31 AM
Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/20/2023 09:56:11 PM
Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 11/14/2023 10:01:21 PM
Form DEF 14C - Other definitive information statements • Edgar (US Regulatory) • 09/08/2023 03:52:31 PM
Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/18/2023 08:31:49 PM
Form EFFECT - Notice of Effectiveness • Edgar (US Regulatory) • 08/15/2023 04:15:19 AM
Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 08/14/2023 09:20:31 PM
Form S-1/A - General form for registration of securities under the Securities Act of 1933: [Amend] • Edgar (US Regulatory) • 08/11/2023 08:52:47 PM
Form S-1/A - General form for registration of securities under the Securities Act of 1933: [Amend] • Edgar (US Regulatory) • 08/07/2023 09:04:17 PM
Form 8-K - Current report • Edgar (US Regulatory) • 07/26/2023 09:20:28 PM

More SHMP News

InvestorsHub NewsWire

Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM

VAYK Exited Caribbean Investments for $320,000 Profit • VAYK • Jun 27, 2024 9:00 AM

North Bay Resources Announces Successful Flotation Cell Test at Bishop Gold Mill, Inyo County, California • NBRI • Jun 27, 2024 9:00 AM

Branded Legacy, Inc. and Hemp Emu Announce Strategic Partnership to Enhance CBD Product Manufacturing • BLEG • Jun 27, 2024 8:30 AM

POET Wins "Best Optical AI Solution" in 2024 AI Breakthrough Awards Program • POET • Jun 26, 2024 10:09 AM

HealthLynked Promotes Bill Crupi to Chief Operating Officer • HLYK • Jun 26, 2024 8:00 AM

Start posting your company's news

Only $200 per official company press release!

InvestorsHub community

Register for free to join our community of investors and share your ideas

You'll also get access to streaming quotes, interactive charts, trades, portfolio, live options flow