RushNet Inc (RSHN)

[Along4daride]

Interesting analysis.... Good attempt, though

However, according to Natural Shrimp's website, its customers can buy 5 lbs of shrimp for $88.00, excluding s/h costs which is likely >$60).

https://naturalshrimpharvest-select.com/shop/

So, based on SHMP current pricing model, its customers will have to pay not only $17.60 per pound of shrimp, but likely an additional $60 in s/h costs. So, spreading that over, it will cost them $30.10 per pound. Feel free to call SHMP to get accurate pricing and s/h costs for 1-day and 2-day air. Very expensive overall, in my opinion.

Therefore, getting back to your analysis and assumptions, you may want to consider adjusting your "super-generous" selling price of $10/lb... to a more "realistic selling price" that the current market is already paying for to have fresh, live and never frozen shrimp......

In addition, consider factoring in Fuel Tech's Study, whereby using DGI technology, demonstrated it could substantially increased the total shrimp production (i.e., bigger bio mass, higher yield and).... faster than any competitor in the Aquaculture industry, based on a 90-day production cycle.

Note: it's important not over look the timing of these two articles.... The desert article (Dr. Kemp's estimates, June 2023) came out well before the Fuel Tech's DGI technology study concluded (press release date February 2024). Thus, one can conclude, the 600 ton estimate was not inclusive of the results of the DGI technology study. So, your analysis and assumptions falls well short (good attempt, though) of Royal's true annual profit potential. The price per pound needs to be adjusted higher and the total tons shrimp production should be a lot higher.

Read the patents. Know where the true value is. Pay attention to studies and the timing of them.

Btw, and I'm not saying you think this way, but being 'best of breed' based solely on small revenues is not how you make big money (This coming from a 'low-information "investors"' on RSHN). There's much much more to this.

Determine if the technology is scalable, profitable, sustainable, and traceable. How many shrimp production cycles a particular technology can do in a year? Is it portable? What the initial capital outlay? What is the CapEX? Is it an closed-end or open system? Of course, there are many other factors to consider and at play .... just tossing some out (dd required)... Pick the horse you want to ride on and see how far it takes you.