MiltonTonic
1 day ago
Shrimp farming is a seasonal business. On a calendar year basis, we typically use the broodstock to breed our larvae shrimp during the first quarter so that by spring the shrimp are held in large post-larvae tanks for development. Later, in early summer, the shrimp are transferred to ponds where they complete the grow out process over the next five to six months. This can vary if we have more than one cycle of shrimp. Grow out may begin in the second in the second quarter, with a second cycle grow out beginning in early summer. The first harvest cycle can occur in early fall with the second harvest cycle occurring in November or December. During 2023, we had one cycle and harvest occurred in early November 2023. During 2024, we have not stocked, nor have we had a harvest; however, we are in process of larval development with a planned stocking in August 2024.
https://www.sec.gov/Archives/edgar/data/1990446/000168316824004837/transaqua_i10q-033124.htm#q1_009
Looks like grps will spend another $2,000,000 to possibly grow $400,000 worth of shrimp as a token crop.
The 100 year experience shrimp team is slick-legging shareholders this year too.
Thoughts?
MiltonTonic
1 week ago
during the three-months ended March 31, 2024, we reported a net loss of $261,873. As of March 31, 2024, our current liabilities exceeded its current assets by $3,750,007. As of March 31, 2024, we had $-0- cash. During the year ended December 31, 2023, we reported a net loss of $1,894,993. As of December 31, 2023, our current liabilities exceeded its current assets by $3,478,423.
https://www.sec.gov/edgar/search/#/q=grps&sort=desc
Iggy_Bot
2 weeks ago
Sorry for being human, i missed that post... and take your theory and stick it, don't need to look
for a reason to bash, the company gives them everyday, for the record im glad no damage came
to the farm,, now if they can only follow through on broken promises......
Kool Aid Man
2 weeks ago
What's the story on Epidemiologic Solutions charity?
https://www.globenewswire.com/en/news-release/2022/7/12/2478287/0/en/Gold-River-Productions-Inc-GRPS-announces-test-launch-marketing-of-new-products-targeting-relief-for-1001-Veterans.html
I've found two other public companies tied to this "charity" with (Richard) Goulding family member connections. Smells like a tax evasion scam to me.
This 501(c)(3) charity is registered to a manufactured home (taxable value $35k) in rural south west Louisiana. The charity "seeks donations" but goes out of its way to stress "DISCLAIMER: ESC seeks donations. Payments to ESC do not constitute an investment; there is no quid pro quo. By making a donation, one does not receive any kind of equity or nonequity benefit that specifically accrues to the donor. https://www.newsfilecorp.com/release/80411/Epidemiologic-Solutions-Corporation-ESC-an-IRS-Approved-Qualified-Public-Charity-Announces-Its-Funding-for-Its-PainFreeVeterans-Initiative Another example dated 7/3/2024 Note 6. Related Party Transactions
Epidemiologic Solutions Corporation (ESC), a 501 C (3) charity has made donations totaling $71,116 and $151,638 during the years ended December 31, 2023 and 2022, respectively. The capital contributionswere to assist the Company with operating capital. There were no amounts paid to any Officers or Directors of the Company. ESC has no relationship to the Company and exists as a benefactor for the Company through the ownership of stock via common shares purchased from third parties. As of December 31, 2023 and 2022, the Company owed the previous CEO $66,194 and $37,262, respectively, for compensation not yet paid.
https://www.otcmarkets.com/otcapi/company/financial-report/407053/content Richard's ex-con/ SEC barred brother Randall S. Goulding has a 16 year history with that company and made official SOS filings on behalf of that company on 12/26/23 in apparent defiance of court orders.