NaturalShrimp Incorporated (QB) (SHMP) Quote

Was old Pineda sneaking that chit out to Niterra? Lol. Now they are competing with shmp. Bwahaaa

https://www.nippon.com/en/news/yjj2024071800750/

I wonder if old Pineda is still hauling chit out of there? Lol.

Remember, old Easty recently said he likes where Shmp is at. Lol. That is your CEO. Bwahaaaaaaaaaaaaa

Yes I was!

Are we on “ NASDAQ land” yet? Tia

I do

This scam needs your help. Tell us some dreams.
Lmao

Shrimpscam ©️

If you are referring to my multiple statements in which I said that the Japanese company has zero interest in being in the Shrimp growing business, yes, I was correct.

One day they will hit the big leagues and be worth as much as SHMP

My problem with Niterra Aqua is that 300M yen in funding is only about 1.9M usd. Chump change.

Nope.

Two distinctions without a difference.

And tell us, who else "owns" the Series A shares? Certainly not the former NSH shareholders who got taken in that bogus settlement.

BTW, did Easterling exchange his rights to his former NSH shares for SHMP common shares? I submit the answer is a resounding "NO". Any guesses as to why he didn't?

It is a fact. Read the revenue from SHMP's 10-K. We're talking FY here. Keep up.

Yep, LaCoste looks like a ghost town. Someone is storing chit on the property. 2 rvs . Then the predator is hauling chit out of there on a forklift to his house. Be careful if you take kids down there

ad hominem attack after ad hominem attack because there's no rational substance to anything you say.

Could EQ have been correct all along about the Niterra and NSI studies!
https://www.nippon.com/en/news/yjj2024071800750/?fbclid=IwZXh0bgNhZW0CMTEAAR2rhnIEWF2lQXohN670n951vafXHgVR9nczjF61EH7MjShvfiUPI_VUg-Y_aem_bjOTQNf1hMev1b65Mp201A

89 times in a row. Kind of like the Cy Young record. Now you're just piling on.

Bro, your desire to write fiction does not have a home here. Reasons were stated in court pleadings. The pleadings were adopted and became an order of the Court. Your OPINION to the contrary is irrelevant and just straight BS.

Mr. I know nothing is back who has once again held his reputation in tact.

On August 21, 2018, the Company entered into a Stock Exchange Agreement (the “Exchange Agreement”) with NaturalShrimp Holdings, Inc. (“NaturalShrimp”), the Company’s majority shareholder, which is controlled by the Company’s CEO and President. Pursuant to the Exchange Agreement, the Company and NaturalShrimp exchanged 75,000,000 shares of common stock for 5,000,000 shares of Series A Stock. The 75,000,000 shares of common stock will be cancelled and returned to the authorized but unissued shares of common stock of the Company.

That is from the 8K that the company filed. They gave up their 75,000,000 shares for the Series A. That transaction was done for 2 reasons.

1. The company was running out of authorized.
2. A proxy would have taken too long so a fugazy transaction was done.
3. Once the Series A was created, a proxy was no longer required.

Congratulations. You are now wrong 88 times in a row which is a new record.

my b. I meant to ask why them selling less shrimp this year vs last is not a fact.

It is a fact. However, there are competing facts.

It's also a fact that the Series A were created as a legal vehicle to hold 75 million shares of NSI for NSH shareholders. And, it is also a fact that NSH shareholders were granted a legal right by court order to receive approximately 90 million shares of NSI. Therefore, using logic, there's a fact that the Series A no longer serve a legal purpose. Consequently, they may factually exist on paper, or even as paper, but they may not have any legal effect.

For example, you could have a stock certificate for WAMU. It's a fact you have a share of WAMU. It's also a fact that WAMU no longer exists as a legal entity. Therefore, your WAMU stock certificate has zero legal effect... it's worthless.

Ultimately I agree with Josh, any actions by NSI management which rely on the Series A, may not be legitimate actions. Someone with standing may be able to challenge those actions.

Why in the world would they sell shrimp when they can sell shares to their marks?

How is this not a fact?

I will contend because fact and law are two different concepts.

Also, what does "beneficially" mean to you?

"and he uses that FACTUAL ownership to control the voting stock" - I know... remember, I'm the one who initially identified this issue. I'm on record stating this is the issue.

Remember, NSI could not start selling Shrimp from Homegrown's PL's until at least October 2023. Therefore, "SHMP sold less shrimp this year than last year" is not necessarily fact.

My guess would be from doubling the AS and printing shares?
Just a guess

And contend all you want, the Series A shares exist…Easterling is indicated as beneficially owning them…and he uses that FACTUAL ownership to control the voting stock…even though 95%+ of the common is in the Street.

Because SHMP got $300K from Niterra…against a much smaller COGS for it.

SHMP sold less shrimp this year than last year. Fact.

Oh…and where’s the next $300K going to come from?

Factually, I still contend there's a legal issue here.

With that said, Net revenue 10x over the last year...

Did they ship the dozen US Foods shrimp last quarter? Tia

Here bubba, can you read? “ When the salaries are more than the revenues, there might be a problem. Bwahaaaaa”

Who gaf? I sure do not

Might be easier to tell you what they’re NOT….

Cancelled…for example.

They are one series above the series B.

What are Series A shares ?

Correct you are, you're not just a pretty face.

Oh…one more 10-K thing…

The Series A shares still exist and the 10-K attributes ownership of their resulting common shares to one individual…Gerald Easterling.

Yes Teach, I am. I wonder if UF wants to weigh in on the 10K and point out the highlights of SHMP's annual achievements?

I believe you're splitting hairs. From an accounting point of view, there is a difference. From his comment that salaries are more than revenue, that is accurate.

Correct. The salaries were accrued, not paid, including Delgado’s…for his part-time SHMP gig.

If you actually read the 10K (I doubt it), you would notice that the salaries for the C suite are all owing for much more than a year. They haven't taken their salaries.

When the salaries are more than the revenues, there might be a problem. Bwahaaaaa

Gooooood morning shrimperrrrrrrs. Lol. How about that filing? Lol

“ SHMP sold LESS shrimp this year” but they had a record year of selling shares!
The newest upgraded share printers are working great.

SHMP gets more done with each passing quarter and FY.

Quick takeaways from this evening's awful 10-K...

SHMP sold LESS shrimp this year than it did last year.

SHMP doesn't expect full production at LaCosteUknown until January 2025 and Iowa until SEPTEMBER 2025. And only then...after spending more than 50% of it's current market cap to get there.

No mention of the ever getting any money out of YOTA over termination of the merger agreement. Once again...SHMP was all talk on that one.

SHMP does not process shrimp at LaCosteUnknown or Iowa, meaning that if SHMP is selling heads-off shrimp, it's paying someone to process those shrimp.

pepeoil, is this one as bad as the Holcomb thing ? I followed you into here

Is the party over here?

Holy share printing! This fraud is done

Form 10-K period ending March 31, 2024
https://www.otcmarkets.com/filing/html?id=17686840&guid=XNO-kKm59OXIB3h&fbclid=IwZXh0bgNhZW0CMTEAAR0lELrfJW3Eu9_j-u2rUb3b3XXlyNWAZNkqSnIkWYmcRUvIEevRBamqPSk_aem_dAi7vZGNwfzE0n4hddsZew

Old Maxwell and salamander will still say good morning shrimpers