Replies to post #93613 on NaturalShrimp Inc (SHMP)

[vinsterr]

No worries here there financials are showing 0$ revenues total!

$100,000.000 dollars in debt conversion issuance is coming..
https://www.otcmarkets.com/filing/html?id=14780375&guid=8ycaUp_nQEsCMth

Quote:he accompanying consolidated financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America (“GAAP”), assuming the Company will continue as a going concern, which contemplates the realization of assets and satisfaction of liabilities in the normal course of business. For the nine months ended December 31, 2020, the Company had a net loss available for common stockholders of approximately $3,534,000. As of December 31, 2020, the Company had an accumulated deficit of approximately $49,962,000 and a working capital deficit of approximately $2,792,000.

[TooFrank]

The facilities are in fact developed and are currently raising shrimp meaning all technology and equipment for the RAS system has been installed.

Per PRs videos and photos.

[WebSlinger]

<< the Company may be unable to develop its facilities and enter in production. >>

SHMP is already in the middle of production.

They stocked baby shrimp in their TX location at the end of January, and just stocked their IA locations about a week ago.

Their TX location should have shrimp to sell starting in June.

[PlayInTheGreen]

Yes, so they will have to exercise parts of their shelf offering it's inevitable. They don't have any product(s) to sell at this time.