Epicore Bionetworks Inc. V.EBN

Vietnam shrimp industry...

[midard]

Given aquaculture's strategic importance, the Vietnamese government aims to massively upgrade the country's shrimp industry with a view to boosting exports. Prime Minister Nguyen Xuan Phuc recently said the shrimp industry should strive for an export value of US$10 billion by 2025, to account for 10 percent of the country's GDP. He noted that "inadequate high tech for intensive farming has resulted in only modest productivity of 250 to 300 kilos of shrimp per hectare; if productivity is doubled, we can immediately reach our goal."

read more...https://www.prnewswire.com/news-releases/ubm-launches-aquaculture-vietnam-2017-300414542.html

[linpaws]

To me these are all good signs for Epicore, because it will simply increase the price of shrimp, which in turn creates a greater demand for Epicore's products. If you go back and look at the history of this company, you will see a good tie to the shrimp price and EBN's earnings. Stock continues to be picked up at volumes greater than average. Let's see where this goes!