Replies to post #107787 on NaturalShrimp Inc (SHMP)

[eqinvestor]

Sir they did $52,000 in revenue for the 4th quarter and revenue is much lower than the previous quarter. No clue what you're talking about.

[eqinvestor]

If you also look, they have for the first time revealed a COGS number. You can't make money at those margins. BTW, I would love to see the average price per pound those shrimp were sold for and even with that, the gross margin was less than 20%. Wait to they stop selling $20-$30 per pound shrimp directly to shareholders. That is the first dose of reality. Look at that cost of sales number.

[JoshTaeger]

Yep. Just finished. And so is SHMP, based on their 10-K.

And does any SHMP “investor” want to dispute that Easterling owns the Series A shares, now that the 10-K clearly states so in black and white?