Replies to post #112700 on NaturalShrimp Inc (SHMP)

[MFranny]

I saw Niterra and thought YOTA. Thanks for the correction and good catch then. Any theories on why the literary change?

"Niterra not license it to capture the Japanse market." What would be the cost to license? Are they set up to immediately start operations? Why pay a license fee while unable to commercially use the license? Not saying this is what it is, just saying the fact it could be means there's not enough information available to decide one way or another. Nevertheless, skepticism is justified.

"Lastly, you ever hear of convertible preferred?" You can't just convert whenever you want. Otherwise, any preferred holder could dilute common whenever the hell it pleased them and at the detriment of the overall corporation. That wouldn't make much sense now, would it? That is why there are often very stringent and specific conditions under which one can convert. Hence my point re: liquid to illiquid.

[eqinvestor]

Maybe it's 2 Japanese companies and this is Mr. Miyagi sushi conpany. The estate of Mr. Miyagi didn't allow SHMP to use the name. Only Daniel son. Hope this makes you laugh.

Excellent question

[eqinvestor]

Actually, don't believe there is anything nefarious. Here is my bet. It is Niterra but like most larger companies, they didn't want their name used to benefit a penny stock company. As a result, natural shrimp was probably sitting on this information for a long time, but they figured that there wasn't a lot of meat to the release if you didn't name the company. As a result of the recent stock action, including the move below a penny, they were getting probably a lot of pressure to say something. That is what you're seeing in the PR. The something.