Replies to post #27436 on NaturalShrimp Inc (SHMP)

[Steady_T]

From that same 10K. Looks like they ran into one of those other factors. In fact the recent PR about ordering two more units uses the words redesigned. So clearly they found a need to change something.

Our shrimp production technology may not operate as intended.

Although we have successfully tested our NaturalShrimp technology, our approach, which is still fairly new in the industry, may not operate as intended or may be subject to other factors that we have not yet considered. These may include the impact of new pathogens or other biological risks, low oxygen levels, algal blooms, fluctuating seawater temperatures, predation or escapes. Any of the foregoing may result in physical deformities to our shrimp or affect our ability to increase shrimp production, which may have a material adverse effect on our operations.

[NagStocks]

Interesting. The used very similar lingo in today’s PR. And what you quoted was 2015.

What happens if something goes wrong again and it takes longer.

Or maybe they already know it will?

Was this a huge pump to just raise money with some dilution?

To Fundraise their venture more. Which would make sense.

But now hype is over. Where will the share price settle that’s the question.

Still not a bad play here. But otc never waits too long if momentum is gone.

Too bad.