SHMP has shown historically to lose between $2.5 - $3.0 million every quarter. Their sales are pathetic. They obviously are running their plants at a tiny fraction of capacity. I cannot fathom the monthly cash outflow for the 3 Iowa properties, sitting mostly EMPTY. Per a post in the Shareholders FB Clan room, the place is locked up, nobody there, Curtis quit and went on to someplace else for far better pay. I am lurking in MaxWELL’s FB Room right now, right at this second. These “investors” are truly lost. One could refer to this Clan as low IQ, pathetically stupid individuals, I now feel so bad for.
I hope 12Ret is ok…
If anyone wants SHMP they have to call someone’s cell phone and the fresh never froze live shrimp, will be dead packaged for them when they pick it up…. Makes me think the plant is empty (just my opinion)
So what then does SHMP do for the next quarter ? As SHMP goes subpenny they are going to be faced with massive dilution, unsustainable, in my opinion. I think these guys are bankrupt and their pride hasn’t let their brain tell their bodies.
These guys so miss the marketing…have one of their tanks open to the public and the purchaser, their kids etc, can participate in actually witnessing fresh never frozen shrimp, live. Very few places on earth can do that.
These are not terribly intelligent people.
Neither is any SHMP “investor” that buys into this share selling promotion
It was never about SHMP, it was about selling shares.
When do you think SHMP will raise their O/S ?
Their O/S now stands at 1.76+ BILLION SHARES OUTSTANDING (series A included per their most recent 10Q filings. One could argue the real O/S is closer to 2.4 BILLION SHARES OUTSTANDING. Just take the 880 million, add 300 million (about 1.2 billion shares) and then double that for Easterlied’s Series A and SHMP is at 2.4 billion shares outstanding
Just like that
NaturalShareScam
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