InvestorsHub Logo

uber darthium

12/27/21 12:26 PM

#100080 RE: moxa1 #100072

Think of it as flavor, however, Sysco is delivering, processed, portioned packaged shrimp to their customers for about 66% of what SHMP intends to sell their raw untouched product for…

That is the commercial market…

See anything wrong with the math here ?


SHMP

eqinvestor

12/27/21 1:04 PM

#100088 RE: moxa1 #100072

Sir I would suggest you ask any fish market that sells 21-25 heads off what they pay per pound. Also, ask any restaurant what they pay for those shrimp per pound. If you're honest regarding your assessment, you will have a hard time finding anyone that pays $10 for those shrimp wholesale. That is a fact that SHMP has never addressed in 20 years. In order to achieve premium pricing, you have to build a brand. That costs money.