web analytics
1.8 C
Munich
Friday, December 2, 2022

Bulls Take Charge of NaturalShrimp Inc (OTCMKTS: SHMP)

NaturalShrimp Inc (OTCMKTS: SHMP) is on the rise after the Company announced it plans to build an adjacent 40,000 square foot production facility (Site 2), at the La Coste site in Texas. The facility will mirror the existing site currently under construction.

When a stock like SHMP heats up, investors pay attention; back in late 2018 leading into early 201i9 SHMP embarked on a historic run rising from sub pennies to highs over $0.70 per share. Microcapdaily reported on SHMP along the way.

NaturalShrimp Inc (OTCMKTS: SHMP) headquartered in Dallas, Texas is an aquaculture company that has developed and patented the first commercially-operational RAS (Recirculating Aquaculture System) for growing shrimp in enclosed, salt-water systems 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. NaturalShrimp’s patented Vibrio Suppression Technology effectively eliminates water-borne bacteria and other harmful organisms and keeps ammonia at safe concentration levels, thus eliminating one of the historically most difficult problems in shrimp aquaculture. Closed-System Shrimp Farming is inherently superior because it’s sustainable, ecologically friendly and cost-effective. And, the potential to commercially scale this solution represents an immense competitive advantage for NaturalShrimp.

Microcapdaily reported on SHMP for the first time on November 18, 2018 when the stock was around $0.035 well before it made its historic run to over $0.70 per share reporting at the time: “NaturalShrimp Inc (OTCMKTS: SHMP) has been making an explosive move up in recent days quickly attracting a fast growing shareholder base and transforming into a volume leader. The stock was trading for less than a penny on Monday and hit highs of $0.05 on Friday.”

To Find out the inside Scoop on NaturalShrimp Subscribe to Microcapdaily.com Right Now by entering your Email in the box below

SHMP

The Company is building a 40,000 square foot shrimp production building. When completed, it will contain twenty 2,000-gallon nursery tanks, forty 20,000-gallon growout tanks, two 10,000-gallon settling tanks, and one 20,000-gallon harvest tank for a total tank volume capacity of 880,000 gallons. The building will include an isolated visitor reception conference room to hold high level discussions with potential partnering groups. Employees will gain access to the building through a separate security/biosecurity entrance. The building will also house a water quality laboratory, aeration, heating, and feeding rooms, restrooms/showers, and some office/storage space. The harvest area will support the capturing and packaging of the harvested shrimp. At the same time the Company has continued its conversion of the existing 8,000 square foot greenhouse into a water treatment plant that will house the patented electrocoagulation (EC) filtration system. The internal renovation is nearing completion to make it ready for receiving the filtration system components. The Company is replacing the outer plastic greenhouse covering with metal sheeting to provide the security needed for protection of the contents. It will have its own security/biosecurity entrance with very limited access.

The stock got a boost after the Company announced it plans to build an adjacent 40,000 square foot production facility (Site 2), at the La Coste site in Texas. The facility will mirror the existing site currently under construction.

According to the press release the  current site will consist of a 40,000 square foot shrimp production building currently under construction that contains twenty (20) 2,000-gallon nursery tanks, forty (40) 20,000-gallon grow out tanks, two (2) 10,000-gallon settling tanks, and one (1) 20,000-gallon harvest tank for a total tank volume capacity of 880,000 gallons. Office suites, a conference room and reception center will be located at the existing site and will be available for usage for both facilities. Similar to the periodic updates on the rebuild of its ultramodern facility currently being constructed, updates will be made available after the launching of this project.

William Delgado, CFO of NaturalShrimp commented: “Doubling the size of our operations at La Coste will provide us the capacity to scale our business to a level we believe will be required to meet the demand the marketplace will have for our product. Our strategy is to aggressively expand throughout the country and become the market leader in fresh, never frozen, naturally grown shrimp, without the use of antibiotics or toxic chemicals.”

We have a Monster Pick Coming. Subscribe Right Now!

Currently on the move SHMP is fully reporting OTCQB and a very exciting story developing in small caps; 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. The Company is building a 40,000 square foot shrimp production building. When completed, it will contain twenty 2,000-gallon nursery tanks, forty 20,000-gallon growout tanks, two 10,000-gallon settling tanks, and one 20,000-gallon harvest tank for a total tank volume capacity of 880,000 gallons. NaturalShrimp just announced it plans to build an adjacent 40,000 square foot production facility (Site 2), at the La Coste site in Texas. The facility will mirror the existing site currently under construction. SHMP CFO William Delgado recent comments “Doubling the size of our operations at La Coste will provide us the capacity to scale our business to a level we believe will be required to meet the demand the marketplace will have for our product.” bode well for investors. When a stock like SHMP heats up, investors pay attention; back in late 2018 leading into early 201i9 SHMP embarked on a historic run rising from sub pennies to highs over $0.70 per share. We will be updating on SHMP when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with SHMP.

Subscribe to Our 100% Free Penny Stock Newsletter. We Have Something Big Coming!

Disclosure: we hold no position in SHMP either long or short and we have not been compensated for this article.

More articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest article

Sign up now for our 100% FREE Penny Stock Newsletter

Privacy Policy. we will never share your email with anyone.