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Sunday, April 18, 2021

NaturalShrimp Inc (OTCMKTS: SHMP) Strong Move Towards $0.189 Magic Tipping Point

NaturalShrimp Inc (OTCMKTS: SHMP) is among the most exciting stories in small caps that is seeing significant growth as the Company establishes itself as the leader in fresh, sushi grade shrimp utilizing its patented, commercially-operational RAS (Recirculating Aquaculture System). Shrimp is the single most consumed seafood in the world, with nine billion pounds eaten annually and the global shrimp market is poised to grow to $4.89 billion annually by 2024 period according to a report from ResearchAndMarkets.com.

SHMP is currently making a powerful move towards its recent highs of $0.189; a break over would signal the next leg up for SHMP; a stock that skyrocketed to highs over $0.90 per share in late 2018, a level longs would like to return to. NSI is in expansion mode and is focused on up-listing its stock to the NASDAQ recently filing its initial listing application with the exchange.

NaturalShrimp Inc (OTCMKTS: SHMP) is an aqua-tech Company that has developed and patented the first commercially-operational RAS (Recirculating Aquaculture System) to produce fresh, gourmet-grade farm to table, sushi grade shrimp without the use of antibiotics, probiotics or toxic chemicals. The Company was Co-founded in 2001 by Gerald Easterling, Tom Untermeyer, and the late Bill Williams and are the leaders in the “Closed-System Shrimp Farming” Industry. NaturalShrimp systems can be located anywhere in the world to produce gourmet-grade Pacific white shrimp. NSI uses Vibrio Suppression Technology, a solution against infectious agents that helps to exclude and suppress harmful organisms, significantly better than competing BioFloc technology. The Company’s expansion plans include both domestic and international production facilities and distribution channels.

The Company currently has $1.1 million in the treasury has well as an $11,000,000 equity credit line with GHS Investments, LLC, allowing NSI to access additional equity capital from GHS in $500,000 tranches. In total NSI has at least $17.5 million in available capital.

Natural Shrimp is currently building out 2 adjacent 40,000 square foot shrimp production buildings 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.

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SHMP

According to a recent update NSI has completed the red steel framework of the 40,000 square foot shrimp production building and has begun installation of the exterior walls, roof, and insulation. In parallel, the Company began construction of the two 240-foot long and 7-foot wide internal catwalks. The construction schedule is proceeding as planned and the Company expects to stock the first tanks with shrimp for production by the end of 2020.

NSI continues to grow through acquisition and is acquiring the assets of Alder Aqua in Webster City, Iowa which owns The VeroBlue Farms facility which has a 240 10,000-gallon tanks along with the systems and infrastructure previously used for fish production. The Company also recently announced an LOI to acquire the assets of F&T Water Solutions LLC.

NSI continues to execute on its business plan and make big moves; the Company signed an LOI for a JV with Ecoponex Systems International utilizing and combining the growing technology of NaturalShrimp with the innovative Renewable Energy Efficient Farm (“REEF”) technology developed and owned by Ecoponex. NSI also undertake a short-term validation study at the Marineholmen RASLab, in Bergen Norway, to evaluate the effects of hyper-antioxidant technologies on oxidation and fish health in Recirculating Aquaculture Systems (RAS). These platform technologies could be real breakthroughs for NaturalShrimp because they could prove to reduce mortality and increase growth rates for the Company’s existing shrimp production and enable the Company to enter the freshwater farming business with a significant differentiation.

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Currently running up the charts SHMP is among the most exciting stories in small caps that is seeing significant growth as the Company establishes itself as the leader in fresh, sushi grade shrimp utilizing its patented, commercially-operational RAS (Recirculating Aquaculture System). Shrimp is the single most consumed seafood in the world, with nine billion pounds eaten annually and the global shrimp market is poised to grow to $4.89 billion annually by 2024, progressing at a CAGR of 3% during the forecast period according to a report from ResearchAndMarkets.com. SHMP is currently making a powerful move towards its recent highs of $0.189; a break over would signal the next leg up for SHMP; a stock that skyrocketed to highs over $0.90 per share in late 2018, a level longs would like to return to. Currently NSI is in expansion mode and is focused on up-listing its stock to the NASDAQ recently filing its initial listing application with the NASDAQ, an important first step. Microcapdialy was reporting on SHMP when it was under $0.03. 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.

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

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