Replies to post #2512 on NaturalShrimp Inc (SHMP)

[TooFrank]

Shrimp sells for $14.00 costs $5.00 to raise to 20 count adult = $9.00 per pound profit.

Stocked 500 PL = 123,000 adult shrimp at 20 per pound = 6150 pounds at 0% mortality. Using %10 mortality rate = 5535 pounds harvested per tank x 48 harvests per year = 265680 pounds per year.

A 24 tank 65,000 gallon per tank facility will produce 265680 lbs of shrimp per year at a net of $9.00 per pound = a net of $2,391,120 per year for a small facility.

20 facilities will net $47,822.400 per year.

The scalability is almost limitless.