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Bullboard - Stock Discussion Forum NaturalShrimp Inc SHMP

NaturalShrimp Incorporated is a biotechnology aquaculture company. The Company has developed a commercially viable system for growing shrimp in enclosed salt-water systems using patented technology to produce shrimp, without the use of antibiotics or toxic chemicals. The Company owns and operates indoor recirculating Pacific White shrimp production facilities in Texas and Iowa using its... see more

PINL:SHMP - Post Discussion

NaturalShrimp Inc > Much improved facility, better prospects
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Post by stargazer1 on Dec 14, 2020 6:09pm

Much improved facility, better prospects

In Feb of last year, we were in the 40¢ range, then we got a batch of shrimp infected with a deadly shrimp viral disease which usually kills an entire batch of shrimp in a few days.
 
 
Because of our patented anti-viral anti-bacterial method of growing shrimp, they didn't die, but their growth was impaired. Just the same, even though our method proved that it could contain bacterial and viral diseases, our stock price started dropping.
 
Then our facility burned down. That burned our stock price. It went down to.025 Our company received insurance money and is rebuilding the facility. Even raising shrimp again.
 
 
Larger shrimp growing tanks, ones that are lined with glass. State of the art facility, with fire control sprinklers. All the improvements that our research had developed. We will also be able to raise other species of marine life, such as salmon.
 
 
We should easily reach the previous .40¢ range, even the previous high of .97¢
Next year we most likely will be in the $ range. Especially since we have such a superior facility from previously.
 
 
This is one of those few times in a lifetime when you get such an opportunity to buy a stock that has an excellent chance to go up hundreds of a percent, or more.
 
 
Of course, there is always the possibility that something could happen and it could go down to zilch.
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