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Re: longmike2 post# 61618

Tuesday, 01/09/2024 4:04:18 PM

Tuesday, January 09, 2024 4:04:18 PM

Post# of 62896
Trans American Aquaculture has been in business since 2017.
To date we have produced almost 1million lbs.

https://finance.yahoo.com/news/gold-river-productions-inc-releases-001000887.html
The above quotes are from Adam Thomas at the conference in 2022.
Less than a million pounds was harvested in the first five years, that's an average of less than 200k per year.
0 to 140k or even 150k pounds of shrimp harvested in 2023 is unquestionably a step in the wrong direction, especially after Thomas claimed that 2million shrimp were to be grown out in 2023.
Spending $1.5mil to make less than $.5mil is costing shareholders a $1mil loss minimum!
Business is about profit, not about lying to and cheating shareholders.
Thoughts?

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