$800,000 in cash at the end of Sept 30, 2021, but SHMP burns through $2.4 million per quarter (w/o depreciation) per their filings. Their numbers, not mine.
Lots of toxic dilution coming or already has come and not been reported ( I no longer trust anything this company says, they have no problem lying to their shareholders)
They need $1.6 million additional funds to get to Dec 30, 2021.
HOW ABOUT THOSE 12.5% ROYALTIES !!!
WHAT A SCAM
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