I can say that I honestly thought this could be a fabulous company. I stayed positive after the fire, when nothing was left but the technology. Did I not see actual shrimp swimming in a tank a long time ago. I have lost faith and thousands of $$$$$$. My heart wants to say hold on, my brain says take what I can now. I will have a carry-over tax loss for years. I hang on to a slim chance a miracle will occur but.......not holding my breath 😥
W
M
I don't understand why the company has been expanding at such a pace, when they suspected the revenue wasn't there to pay for it? Why would a bank give them more financing in the future.
P
Seriously, Total operating expenses for the year $54,474,975 Sales $33,765 Pumpers, Tell us all... NOTHING WRONG WITH THIS PICTURE...
B
The company has raised over $150,000,000 in 23 years. It's all gone.
P
A year ago SHMP "announced acquisition of the aquaculture assets of Hydrenesis Aquaculture, LLC for $12,500,000", Looking at the 10K, This acquisition produced ZERO revenues. Wonder what the relationship between Delgado and Hydrenesis... Since they are Florida neighbors.
J
J
Funny how all the announcements are made about conferences they plan on attending, including the 1 on 1 meetings with investors….then Zero reporting on these so called meetings. Must have gone great lol
M
page 19 is a tough read on that pdf. This company now also has a negative stockholder equity. On the sheet it is called stockholder deficit. Is it possible the company was worth more in ashes after the fire than now? The technology is so promising, but there is so much bad news on that 10k.
S
In the past 365 days, they sold $92.50 of Shrimp per day. What a joke.
B
Larry et. al., did you happen to notice that the company reported a $96,000,000 LOSS in their 2022 Annual Report? That's $96 with six zeros behind it. The market cap is still way too high at $77 million.
R
I'm still a shareholder in SHMP. There hasn't been a lot of shares traded over the last two days with shares outstanding at 738 million. Why? A schedule 4 in after hours today has showed the CEO of SHMP buying 100,000 shares of SHMP today at $0.1099 a share. He has been a buyer with the pps of SHMP dropping. I think he knows more about his own company than I do. I will continue to hold and see how SHMP plays out over the next year.
B
From 10-K: 2022 net loss $96,000,000,
B
On March 1, 2022, the Board of the Directors of the Company (the "Board") issued 250,00 shares of Series F Preferred Stock to each of Gerald Easterling, William Delgado and Thomas Untermeyer in consideration for their past and future services as executive officers of the Company
P
StreetCheat, Old James, Cracker..based on revenues of $33,777 and $54,000,000 the cost of such revenues, How do you justify/explain this? "As of March 31, 2022 and 2021, Mr. Untermeyer is owed $64,000 and $96,000, respectively, for accrued and unpaid salary. Mr. Untermeyer is entitled to receive medical insurance reimbursement, of which $8,385 was paid during the fiscal year ending March 31, 2022. Mr. Untermeyer is also entitled to an automobile allowance of $500 per month, of which $6,000 was paid during the fiscal year ending March 31, 2022. On March 1, 2022, Mr. Untermeyer was issued 250,000 shares of Series F Preferred Stock with a fair value of $14,537,333."
J
NaturalShrimp Signs Agreement with Distributor Gulf Seafood for 25,000 Pounds of Live Shrimp NaturalShrimp, Inc. October 19, 2021 LMAO! This is their own headline and article. We once again call BS!
P
Shrimp sales for the year $33,700 What happened to all the shrimp?
B
We have experienced significant operating losses in each period since we began investing resources in our production of shrimp. These losses have resulted principally from research and development, sales and marketing, and general and administrative expenses associated with the development of our business. During the fiscal year ended March 31, 2022, we recorded a net loss available to common shareholders of approximately $96 million, or $(0.16) per share, as compared with approximately $6 million, or $(0.01) per share, of the corresponding period in 2021. We expect to continue to incur operating losses until we reach sufficient commercial scale of our product to cover our operating costs. We cannot be certain when, if ever, we will become profitable. Even if we were to become profitable, we might not be able to sustain such profitability on a quarterly or annual basis
T
White collar stock frauds are not usually investigated. Makes it seem like a good business model to some.
C
wonder how the cultist Facebook private group is kool aiding this....
V
I can say that I honestly thought this could be a fabulous company. I stayed positive after the fire, when nothing was left but the technology. Did I not see actual shrimp swimming in a tank a long time ago. I have lost faith and thousands of $$$$$$. My heart wants to say hold on, my brain says take what I can now. I will have a carry-over tax loss for years. I hang on to a slim chance a miracle will occur but.......not holding my breath 😥
W
M
I don't understand why the company has been expanding at such a pace, when they suspected the revenue wasn't there to pay for it? Why would a bank give them more financing in the future.
P
Seriously, Total operating expenses for the year $54,474,975 Sales $33,765
Pumpers, Tell us all... NOTHING WRONG WITH THIS PICTURE...
B
The company has raised over $150,000,000 in 23 years. It's all gone.
P
A year ago SHMP "announced acquisition of the aquaculture assets of Hydrenesis Aquaculture, LLC for $12,500,000", Looking at the 10K, This acquisition produced ZERO revenues. Wonder what the relationship
between Delgado and Hydrenesis... Since they are Florida neighbors.
J
J
Funny how all the announcements are made about conferences they plan on attending, including the 1 on 1 meetings with investors….then Zero reporting on these so called meetings. Must have gone great lol
M
page 19 is a tough read on that pdf. This company now also has a negative stockholder equity. On the sheet it is called stockholder deficit. Is it possible the company was worth more in ashes after the fire than now? The technology is so promising, but there is so much bad news on that 10k.
S
In the past 365 days, they sold $92.50 of Shrimp per day. What a joke.
B
Larry et. al., did you happen to notice that the company reported a $96,000,000 LOSS in their
2022 Annual Report? That's $96 with six zeros behind it. The market cap is still way too high at
$77 million.
R
I'm still a shareholder in SHMP. There hasn't been a lot of shares traded over the last two days with shares outstanding at 738 million. Why? A schedule 4 in after hours today has showed the CEO of SHMP buying 100,000 shares of SHMP today at $0.1099 a share. He has been a buyer with the pps of SHMP dropping. I think he knows more about his own company than I do. I will continue to hold and see how SHMP plays out over the next year.
B
From 10-K: 2022 net loss $96,000,000,
B
On March 1, 2022, the Board of the Directors of the Company (the "Board") issued 250,00 shares of Series F Preferred Stock to each of Gerald Easterling, William Delgado and Thomas Untermeyer in consideration for their past and future services as executive officers of the Company
P
StreetCheat, Old James, Cracker..based on revenues of $33,777 and $54,000,000 the cost of such revenues,
How do you justify/explain this?
"As of March 31, 2022 and 2021, Mr. Untermeyer is owed $64,000 and $96,000, respectively, for accrued and unpaid salary. Mr. Untermeyer is entitled to receive medical insurance reimbursement, of which $8,385 was paid during the fiscal year ending March 31, 2022. Mr. Untermeyer is also entitled to an automobile allowance of $500 per month, of which $6,000 was paid during the fiscal year ending March 31, 2022. On March 1, 2022, Mr. Untermeyer was issued 250,000 shares of Series F Preferred Stock with a fair value of $14,537,333."
J
NaturalShrimp Signs Agreement with Distributor Gulf Seafood for 25,000 Pounds of Live Shrimp
NaturalShrimp, Inc. October 19, 2021
LMAO! This is their own headline and article. We once again call BS!
P
Shrimp sales for the year $33,700
What happened to all the shrimp?
B
We have experienced significant operating losses in each period since we began investing resources in our production of shrimp. These losses have resulted principally from research and development, sales and marketing, and general and administrative expenses associated with the development of our business. During the fiscal year ended March 31, 2022, we recorded a net loss available to common shareholders of approximately $96 million, or $(0.16) per share, as compared with approximately $6 million, or $(0.01) per share, of the corresponding period in 2021. We expect to continue to incur operating losses until we reach sufficient commercial scale of our product to cover our operating costs. We cannot be certain when, if ever, we will become profitable. Even if we were to become profitable, we might not be able to sustain such profitability on a quarterly or annual basis
T
White collar stock frauds are not usually investigated. Makes it seem like a good business model to some.
C
wonder how the cultist Facebook private group is kool aiding this....