Replies to post #65440 on NaturalShrimp Inc (SHMP)

[rt1127]

They did a good job of counteracting the bad news with the announcement of 5 million in funding that appears non toxic. Without today’s PR the pps likely closes in the .05 - .06 range. They probably hadn’t planed on releasing that yet but felt it necessary to mitigate the damage caused by the quarantine and resulting loss of revenues. They pulled the right strings today.

[JoshTaeger]

Because no one knows the conversion terms for preferred for the alleged financing agreement. And GHS has really only committed to $250K. That's peanuts given the number of shares they have to sell (as much as 62M by some accounts).

And still no filing with the Nevada SoS for the classification of the preferred.