Replies to post #103244 on NaturalShrimp Inc (SHMP)

[temp luvs amy]

There's a river in Egypt just waiting for you to visit. Denial.

Dude, there are videos of the production and the product. They aren't just an empty warehouse in Las Vegas anymore.

[eqinvestor]

They can if they specialize in insanely ridiculous ideas.

Can I take you back 15 years to Shrimp Station. By the way, same people running the company then.

I have said and I continue to say it comes down to price. This is a mini niche market until people realize they will be paying 3 times the price for the exact same (Pacific White Shrimp) that are sold in Texas.

When people get the heads on shrimp and they take the heads off, they will realize that 1 pound of shrimp is now about 11 ounces. They will also realize they are paying over $20 for 21-25 per pound shrimp plus shipping. So after the initial facebook surge from shareholders, the market will be a mini-niche market at best.

This is business idea that is meant for Wall Street and will be immaterial. I'm also finding it funny that the chef is now in charge of e commerce. All the cheerleaders should ask what the chef knows about e commerce. In fact, ask him what he anticipates the customer acquisition cost will be. He won't know what that is.

[JoshTaeger]

Good question. It certainly remains to be seen. Perhaps they will be a “re-seller”?