NaturalShrimp Inc (SHMP)

[MFranny]

As I've stated many times, I've always taken NSI Management at its word. First, legally they are required not to lie (yes, I know that's not how life works though). Second, there's never been any real factual information to fully discredit NSI Management's statements or "catch them in a lie." For instance, everytime the sale numbers were bad didn't necessarily equal a problem with the patented EC system. Once NSI was supposed to be putting shrimp in tanks, there was always some external market force or non-related event that created ambiguity, uncertainty and masked the efficiency (or lack thereof) of the patented EC system. For instance, the first fire, the PL virus, Covid, etc. Consequently, I can't really answer this question. I suspect that it's probably a combination of "it works," but it has "kinks that still need to be ironed out." However, even in that event, it wouldn't justify the pie in the sky representations made by NSI or the aggressive expansion that it undertook via equity financing. I will say this, Fife clearly feels that there's value in NSI's assets above and beyond $35 million, otherwise he would have insisted on Ampleo selling them off, rather than buying them himself. I'll ask again, what's he going to do with the Patents?