Replies to post #56921 on NaturalShrimp Inc (SHMP)

[JoshTaeger]

From the SHMP prospectus filed 4/1/19

https://www.sec.gov/Archives/edgar/data/1465470/000165495419003865/nsmp_424b3.htm

Business Overview

We are a biotechnology company and have developed a proprietary technology that allows us to grow Pacific White shrimp (Litopenaeus vannamei, formerly Penaeus vannamei) in an ecologically controlled, high-density, low-cost environment, and in fully contained and independent production facilities. Our system uses technology which allows us to produce a naturally-grown shrimp “crop” weekly, and accomplishes this without the use of antibiotics or toxic chemicals. We have developed several proprietary technology assets, including a knowledge base that allows us to produce commercial quantities of shrimp in a closed system with a computer monitoring system that automates, monitors and maintains proper levels of oxygen, salinity and temperature for optimal shrimp production. Our initial production facility is located outside of San Antonio, Texas.

NS Global, one of our wholly-owned subsidiaries, owns less than 1% of NaturalShrimp International A.S. in Europe. Our European-based partner, NaturalShrimp International A.S., Oslo, Norway, was responsible for the construction cost of its facility and operating capital.

The first facility built in Spain for NaturalShrimp International A.S. is GambaNatural de España, S.L. The land for the first facility was purchased in Medina del Campo, Spain, and construction of the 75,000 sq. ft. facility was completed in 2016. Medina del Campo is approximately seventy-five miles northwest of Madrid, Spain.

On October 16, 2015, we formed Natural Aquatic Systems, Inc. (“NAS”). The purpose of the NAS is to formalize the business relationship between our Company and F&T Water Solutions LLC for the joint development of certain water technologies. The technologies shall include, without limitation, any and all inventions, patents, intellectual property and know-how dealing with enclosed aquatic production systems worldwide. This includes construction, operation, and management of enclosed aquatic production, other than shrimp, facilities throughout the world, co-developed by both parties at our facility located outside of La Coste, Texas.

The Company has three wholly-owned subsidiaries, including NSC, NS Global and NAS.

[stargazer123]

"NATURAL SHRIMP OWNS THE RIGHTS TO THE USE OF THIS SYSTEM WITH SHRIMP NOTHING MORE!

YES IT CAN...CAN BE USED FOR OTHER SPECIES BUT THEY ARE NOT PATENTED UNTIL PROVEN. THATS WHERE COMPANIES LIKE ME COME IN...."

Something seems to be wrong here:

"NaturalShrimp has patented exclusive rights worldwide to the technology for shrimp production, with the right to other species shared between NaturalShrimp and F&T Water Solutions."

So that would mean that SHMP is sharing 50% of what F&T takes in from you. Just wandering what that amount is.

[Skipjacks]

You should at least get the known facts in evidence right if you're going to LARP as a businessman/fish farmer for whatever reason.

There is a 50% agreement with SHMP for any use of this tech for species other than shrimp.

That is a quote from Bill Williams

Bill Williams: We have filed a joint patent with our technology partner, F&T Solutions. In that patent,, NaturalShrimp, Inc. has a 100% allowance worldwide for the growth of shrimp in enclosed, recirculating systems. As part of that patent, we also have a 50/50 joint venture with F&T for other aquatic species such as barramundi, lobster and other fish. Our patent was issued on December 25th, 2018 and we will file for worldwide patent protection within the next three or four months.

Here is the source, with audio

https://wallstreetanalyzer.com/2019/01/28/natural-shrimp-inc-otc-shmp-ceo-interview-series/

[JoshTaeger]

Did F&T tell you that you would jointly own with F&T the IP that comes out of your aquaculture endeavor?

Congratulations. You know own 50% of "Springtime for Hitler"

[MLR_Lite]

We've posted the way profit is split for ALL species covered in the patent. Sources also contacted PL about this supposed business venture you mention and it was denied. So we'll need some form of proof otherwise it does not exist.