Replies to post #11611 on NaturalShrimp Inc (SHMP)

[TooFrank]

Tru shrimp uses biofloc. Shmp worked with bioflock with little success farming high density crops. SHMP moved away from boiflock because it produces inconsistent results besides low density crops. Vibrio suppression technology electrocoagulation has been proven by shmp to be superior to bioflock over the last three years of trials. Bioflock is only used to raise shrimp. SHMP’s RAS system can be used for all consumable aquatic species.

[Running Q]

Nice post with realistic expectations for eom...I’m hoping for steady gains throughout the year. Once the harvest results are known and published then future cost/profit scenarios can be run, potential partners/customers identified and their business model put into action at greater speed. A few key things to remember:
1). The mortality rate was/is surprisingly low even by their standards (eg those who developed the patent). This means more money because every surviving shrimp is $$$...every shrimp that didn’t make it is loss $$$.
2). They delayed the S-1. In subsequent conversations with the company it was found out the delay was recommended from their lawyers and interestingly not from their accountants. Lawyers deal with contracts, acquisitions, mergers, etc...hmmm
3). Any money F&T makes using the patent in the production of other aquatic foods (salmon, tilapia, etc) SHMP receives 50%...more revenues $$$

It’s going to be a fun week...

[rettif795]

Fact...What hear is about Patent? The patent office issues only new ones not as like ones. This one for shmp needed to roughly 10% better then last one like it. For example..If you have pencil & sharpen it to write it is still pencil but some one makes ink pen NEW BALL GAME ...Get Idea IMO this is worth some of MY hard made $ We shall see.

[JoshTaeger]

Thanks for the thoughtful reply.

10 cents would be great.

When you get down to sales and profits per square foot of real estate, that's where the rubber hits the road.

If SHMP can sell it's product on absence of contaminants and sustainability, then fresh vs. frozen won't matter and setting up in locations with the cheapest costs will rule.

This idea of a shrimp farm in Las Vegas will disappear...fortunately.