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TooFrank

07/09/21 1:30 PM

#96119 RE: eqinvestor #96118

That is the million dollar question.

A market for locally grown fresh shrimp far from the coast has not been established.

The shrimp in Texas will be met with stiffer competition from gulf coast trawlers unless SHMP can garner a premium price through marketing.




Rose101

07/09/21 1:39 PM

#96121 RE: eqinvestor #96118

The point is shmp has a more profitable method of producing higher quality product with lower mortality rates than the dirty shrimp produced by your precious Bowers in their muddy open ponds that require dredging in hurricane and drought susceptible methods.

Shmp will replicate facilities that are equally profitable with sustainable organic methods.

Cogs is only part of the p&l equation.

There are joint ventures, licensing, partnership, and potential pl stocking sales to other shrimp farmers.