"A recirculating aquaculture system automatically controls ammonia, bacteria, solids, and feed quantity available to a captive species in a closed, water-based habitat. Functionally Independent processing loops operate in parallel on recirculating water streams, to control each of ammonia, bacteria, solids, and feed. The same or similar components, such as an electrolytic cell, may service one or more functional loops."
With recent interest and development in RAS by Ross Perot and many companies from US and other countries, SHMP receiving patent approval is very significant for potential licensed operations on a very large scale (possibly global) or merger/buyout both of which will spike the share price - https://investorshub.advfn.com/boards/read_msg.aspx?message_id=145664262
As to negative posts on SHMP board, as I posted before, are often by those shorting stocks (And one would be crazy to be shorting SHMP at current levels) and/or longs trying to push down share price to accumulate/buy at lower prices. Think about it ... why would anyone post negative sentiment if they were ALREADY holding shares UNLESS they were trying to buy more < wink > and this is what I posted in response to their negative posts on 12/19 - https://investorshub.advfn.com/boards/read_msg.aspx?message_id=145551277
On 12/24/18 with shortened trade day and decreasing volume, SHMP bounced with strength after morning profit taking closing near HOD of $.0173 at $.016. Chart is bullish with support and resistance lines both ascending while technicals catch up.
With increasing buying pressure post Christmas, share price could spike supported by "official USPTO" issuance of patent number and rumors following RAS conference held first week of December where Ross Perot showed strong interest in investing $25-100 million per investment - https://investorshub.advfn.com/boards/read_msg.aspx?message_id=145664271
With RAS patent secured, SHMP can now demonstrate to the world current healthy harvest (20 or less shrimps per pound) with no mortality. Remarkably, share price for SHMP is at $.016 but after Monday market open, I doubt price will remain at current levels.
Due to large recent gains, I expect profit taking by some and as shown on Monday, continued volatile swings but I anticipate support/resistance lines to continue up unless spiking breakout occurs. I plan to continue swing trading SHMP. GLTA."
- Improving fundamentals with some great business prospects
- licensing of approved RAS (What other OTC stock has this patent?)
- Ross Perot wanting to spend up to $100 million PER RAS investment in Texas, South East and South West parts of US (BTW, SHMP is located in Texas and short drive from Ross Perot!)
- Current harvest growing bigger each day to show prospective companies interested in licensing of RAS patent quality of product (Likely why they delayed harvest) < wink > ... Think about that
- Why is share price so cheap? It's always darkest before dawn < wink >
- Will share price go up? After 1000%+ Run #1, SHMP has started Run #2 with a HUGE factor missing from Run #1 that is Ross Perot and other aquaculture companies actively interested in RAS and likely SHMP RAS patent, especially in light of recent Farm Bill. Run #2 may easily surpass Run #1 and pop to $.10+ as official PR/News of patent approval, licensing of patent, harvest, development with Ross Perot/other companies, etc. have not hit the general public YET but they will soon in January (which is coinciding with a technical pullback/rebound Run #2 that could end up with a spiking Cup & Handle)
So these are my DD but please do your own DD and make your own stock trading decisions based on YOUR determination (And do ignore negative bashing BS posts that may have ulterior motives).
And here are the charts to confirm recent trade ranges from the Swing Trading board. Current chart looks very bullish to me with next targets to $.035, $.045, then $.05+. GLTA - https://investorshub.advfn.com/Swing-Trading-Model-36395/
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