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Sunday, April 18, 2021

NSI: Growth Through Acquisition, Uplisting and RAS Sushi Grade Shrimp; the Run on NaturalShrimp Inc (OTCMKTS: SHMP)

NaturalShrimp Inc (OTCMKTS: SHMP) NSI – is in a perfect dip since its recent $0.49 highs as the stock continues to see higher highs and higher lows as dollar volume averages several million dollars per day. NaturalShrimp is 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 worth over $4 billion.

Microcapdaily has been reporting on SHMP since 2018 and we covered the run it made in early 2020 to well over $0.90 per share. NSI is fully funded moving forward with a credit line exceeding $17 million. The Company 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 a publicly traded aquaculture 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.

Natural Aquatic Systems is a majority owned NSI company established in 2017 to address the growing requirement for our indoor shrimp farming capabilities for all aquatic species. In 2017, the aquatic based protein global marketplace was in excess of $175 billion. The United States is a minor aquaculture producer, ranked 16th in 2016, but it is the leading global importer of aquatic protein. By value, nearly 90 percent of the seafood we eat comes from abroad, over half of it from aquaculture. These overseas companies are government subsidized, have low labor costs, and a reduced regulatory oversight. Because of these low cost imports, the U.S. seafood trade deficit (East Asia only) has grown to $14 billion in 2016. That ideal solution for the US market is an offering that is environmentally sustainable, food safe, can be located anywhere, and is not hindered by existing super intensive production technologies and razor thin margins.

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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Earlier this year SHMP finalized a joint venture with Ecoponex Systems International, LLC. This was announced in a Letter of Intent on October 12, 2020. This joint venture will utilize and combine the growing technology of NaturalShrimp with the Renewable Energy Efficient Farms (“REEF”) technology owned by Ecoponex. Ecoponex will maintain a 49% stake in the new company, with NaturalShrimp having a 51% interest. As part of the agreed upon terms of the joint venture, Ecoponex shall provide production facilities with its REEF technology for mutually approved locations based upon the cost and space estimates provided by NaturalShrimp. Additionally, Ecoponex shall contribute funding for the transaction and it shall be the sole responsibility of Ecoponex to arrange financing to fund the design, procurement, construction and startup of each NaturalShrimp growing facility approved by the managers.

Ecoponex Systems International is a privately held company that is in the business of developing, financing, owning and operating REEF™ facilities to serve urban markets in the United States and world. REEFs utilize an integrated platform of proprietary, licensed, patented and patent-pending technologies designed as an integrated closed-loop process.

Last week SHMP closed the acquisition for the assets of Alder Aqua, formerly known as VeroBlue Farms in Webster City, Iowa, including the real property, equipment, tanks, rolling stock, inventory, permits, customer lists, contracts and other such assets used in the operation of the business. The acquisition represents a watershed moment for both the Company and its shareholders. The state-of-the-art facility, alongside the Company’s expansion project in La Coste, Texas provides NSI the resources and capacity to become the largest RAS shrimp producer in the country. This turnkey operation affords SHMP the benefit of not only creating a facility that will produce thousands of pounds of shrimp per week, but also the opportunity to work with existing Barramundi distributors for an incremental revenue stream that could be effective in a relatively short time.

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SHMP is in a perfect dip since its recent $0.49 highs as the stock continues to see higher highs and higher lows as dollar volume averages several million dollars per day. NaturalShrimp is 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 worth over $4 billion. Microcapdaily has been reporting on SHMP since 2018 and we covered the run it made in early 2020 to well over $0.90 per share. NSI is fully funded moving forward with a credit line exceeding $17 million. The Company is in expansion mode and is focused on up-listing its stock to the NASDAQ recently filing its initial listing application with the exchange. 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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