Replies to post #102621 on NaturalShrimp Inc (SHMP)

[JoshTaeger]

Per the terms of the R/S as described in SHMP’s filings, anyone who owns 100 shares or less pre-split, will have no less than 100 shares post-split.

Say you bought 100 shares at 11 cents plus $6.95 commission. Your cost is $17.95.

Presuming that, at least for a short period of time post-split, those shares should be worth 25 times as much, based on the 25:1 R/S.

But…

…25:1 won’t get SHMP on NASDAQ, so if SHMP were truly serious about an uplist (and I don’t think they are), the R/S needs to be 40:1 and I think even 50:1. And those 100 shares post-split would be BRIEFLY worth at least 40 times their cost. And $11 x $40 = $440, less the $6.95 sell commission.

[Beauneedsbiscuits]

Man I was joking about Investing in shrimp being a better fit!! I hear the CEO originally was a plumber.