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Re: None

Thursday, 08/29/2024 1:06:06 PM

Thursday, August 29, 2024 1:06:06 PM

Post# of 63219
Our projected harvest for 2024 is greater than 1 million lbs. over two harvests; however, this harvest is contingent upon receipt of sufficient financing. We did not have sufficient operating capital to produce a full harvest in 2022 and in the first half of 2023. In the event we are unable to secure sufficient financing, we will not be able to generate meaningful harvests, and in the event we are unable to generate meaningful harvests, our business will fail.
https://capedge.com/filing/1990446/0001683168-23-005880/S1#k_011

Almost September now, shrimp grow season continues to expire as grps has yet to announce any shrimp being introduced to any pond.
Heck, there's been no announcement of ponds being cleaned and readied for a grow.
What is the 100 year experience shrimp team thinking?
Maybe, oh we suckered investors in with last years claim of growing two million pounds, now they are stuck, no need to bother with doing any work now,
shareholders can pay the salaries of the team that does no work!
Thoughts?

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