NaturalShrimp Inc (SHMP)

[uber darthium]

$10,000,000 For F&T (which turned out to be $7,000,000)
$12,500,000 for Hydrenesis aquaculture assets

…today closed the previously announced acquisition of the aquaculture assets of Hydrenesis Aquaculture, LLC for $12,500,000, consisting of $4,000,000 in cash and the balance due in NSI common stock …”


“The consideration for the Equipment Rights consists of the sum of $2,500,000, with $500,000 in cash paid at closing, and $500,000 to be paid on the first day of the next calendar quarter, plus $250,000 to be paid on the first day of each successive calendar quarter until the amount is paid in full.”

Then the filing breaks it out as
$10,000,000 for technology rights
$2,500,000 for equipment rights

So “aquaculture assets” of Hydrenesis are then turned around to be license rights with royalties