DALLAS, TX, Jan. 21, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- NaturalShrimp, Inc., (OTCQB: SHMP) has entered into a twelve million postlarvae (PL) shrimp annual contract with Sea Products Development, LLC (SPD), in which they will deliver up to one million PLs per month. Continuous shipments of PLs for regular stocking in the NaturalShrimp, Inc.’s La Coste, Texas, facility will begin in February 2020. Tom Untermeyer, Chief Technology Officer of NaturalShrimp, commented: “Year-round weekly shrimp production requires stocking PLs in our nursery tanks on a regular year-round basis. This contract with SPD can provide NaturalShrimp on a regular basis with healthy PLs that have been selectively-bred with the capacity for rapid growth under intensive bio-secure systems.” ABOUT NATURALSHRIMP: NaturalShrimp, Inc. is a publicly traded aqua-tech Company, headquartered in Dallas, with production facilities located near San Antonio, Texas. The Company has developed the first commercially viable system for growing shrimp in enclosed, salt-water systems, using patented technology to produce fresh, never frozen, naturally grown shrimp, without the use of antibiotics or toxic chemicals. NaturalShrimp systems can be located anywhere in the world to produce gourmet-grade Pacific white shrimp. ABOUT SEA PRODUCTS DEVELOPMENT: SPD is a worldwide supplier of selectively-bred, fast growing, and disease-free shrimp postlarvae and broodstock.
$SHMP pilot production facility is proceeding as scheduled and is expected to be fully operational, using its patented technology to grow gourmet grade shrimp without the use of antibiotics or toxic chemicals, during the second quarter of 2020. https://www.otcmarkets.com/stock/SH...vation-and-Shrimp-Production-Update?id=252347
SHMP The shrimp stocking and production schedule is proceeding according to plan with 500,000 healthy Postlarvae (PL) shrimp received at the NaturalShrimp, Inc. (OTCQB: SHMP) Pilot Plant in La Coste, TX on February 5, 2020 and another 500,000 healthy PLs received on February 27th, 2020. The PLs are about a quarter inch in length comparable to the size of an eyelash. (Pictures of the shrimp are available at www.naturalshrimp.com.) In accordance with the previously announced hatchery contract, NaturalShrimp will continue to receive up to 1 million PLs per month from the Sea Products Development hatchery. The PLs stocked in nursery tanks will increase in size during a 4-week to 5-week period before transferring them to growout tanks located within the Pilot Plant. This nursery/growout physical separation will allow NaturalShrimp to further evaluate the health of the shrimp prior to the transfer. Once in the growout tanks, the shrimp will continue to grow. Based on a 24-week overall growth period, the shrimp stocked on February 5, 2020 should reach a harvest size of 23 grams (20 per pound) by late July 2020. ABOUT NATURAL SHRIMP: NaturalShrimp, Inc. is a publicly traded aqua-tech Company, headquartered in Dallas, with production facilities located near San Antonio, Texas. The Company has developed the first commercially viable system for growing shrimp in enclosed, salt-water systems, using patented technology to produce fresh, never frozen, naturally grown shrimp, without the use of antibiotics or toxic chemicals. NaturalShrimp systems can be located anywhere in the world to produce gourmet-grade Pacific white shrimp.
SHMP NaturalShrimp, Inc.: Building Renovation and Shrimp Production Update https://finance.yahoo.com/news/naturalshrimp-inc-building-renovation-shrimp-130010113.html?soc_src=hl-viewer&soc_trk=tw via @YahooFinance
SHMP NaturalShrimp, Inc.: La Coste, Texas, July Construction Update https://finance.yahoo.com/news/naturalshrimp-inc-la-coste-texas-110000177.html?soc_src=hl-viewer&soc_trk=tw
SHMP NaturalShrimp’s Amoebic Gill Disease Technology Completes Successful Phase-I Testing https://finance.yahoo.com/news/naturalshrimp-amoebic-gill-disease-technology-110010259.html?soc_src=social-sh&soc_trk=tw via @YahooFinance
SHMP NaturalShrimp, Inc. to Expand #Production Facilities at Texas Plant Location https://finance.yahoo.com/news/naturalshrimp-inc-expand-production-facilities-120000760.html?soc_src=social-sh&soc_trk=tw
SHMP announced today that it has signed a Letter of Intent #LOI to acquire the assets of F&T Water Solutions LLC for $10,000,000, consisting of $3,000,000 in cash and the balance due in stock, subject to adjustment. https://www.otcmarkets.com/stock/SH...re-Assets-of-FT-Water-Solutions-LLC?id=269043
What do you guys think of this stock? trading-view is showing STRONG BUY on it!! https://www.tradingview.com/symbols/OTC-SHMP/ it went to almost a dollar today.
ok, lol. now i get it. seen it under all the companies and it said strong buy. u just saved me like 50 bucks dude. thanks.
Most of the guys who have been on this forum refrain from personally recommending anything. You can't blame them if something goes wrong. I don't care. I will tell you not to buy the shrimp. I would rather see you in 1 share of KR Krogers, KO Coca Cola, WBA Walgreens. Or 2 shares of BAC Bank of America, WFC Wells Fargo. If you really want to gamble....buy a bunch of F Ford, GE General Electric, ACI Albertsons. If you are really on investing $50 at a time, you can't afford to buy expensive stock. Maybe a RobinHood fractional share. But still, buy good companies. Apple, Amazon, Google, United Healthcare, Home Depot, Wal*Mart...... If I were just starting, I wouldn't have money to spread out and diversify. I would look at Exchange Traded Funds in different sectors. Healthcare, Real Estate, Technology, Financial, Energy, Utilities, Consumer Cyclical, Bonds, Industrial, Foreign Markets....... Get exposure. Get your feet wet. Slowly build your stake. You can spread your money around so that you don't miss out on something good, and not get hurt too much on something bad. If you really like how things are going with a particular fund, you could always look up the fund's holdings and buy the top stocks yourself.
NaturalShrimp Signs Letter of Intent to Acquire Assets of Alder Aqua, LLC f/k/a VeroBlue Farms https://finance.yahoo.com/news/naturalshrimp-signs-letter-intent-acquire-113000952.html