Current Report Filing (8-k)
August 07 2019 - 5:01PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington,
DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of
1934
Date of
Report (Date of earliest event reported):
August 5, 2019
NATURALSHRIMP INCORPORATED
(Exact
name of registrant as specified in its charter)
Nevada
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000-54030
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74-3262176
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(State
or other jurisdiction
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(Commission
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(IRS
Employer
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of
incorporation)
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File
Number)
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Identification No.)
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15150 Preston Road, Suite #300
Dallas, Texas 75248
(Address
of principal executive offices)
Registrant’s
telephone number, including area code:
(888) 791-9474
N/A
(Former
name or former address, if changed since last report)
Check
the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant
under any of the following provisions:
[ ]
Written communications pursuant to Rule 425 under the Securities
Act (17 CFR 230.425)
[ ]
Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
[ ]
Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
[ ]
Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
Securities
registered pursuant to Section 12(b) of the Act:
Title of each class
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Trading Symbol(s)
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Name of each exchange on which registered
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None
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N/A
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N/A
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Indicate
by check mark whether the registrant is an emerging growth company
as defined in in Rule 405 of the Securities Act of 1933
(§230.405 of this chapter) or Rule 12b-2 of the Securities
Exchange Act of 1934 (§240.12b -2 of this
chapter).
Emerging
growth company [ ]
If an
emerging growth company, indicate by checkmark if the registrant
has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided
pursuant to Section 13(a) of the Exchange Act. [ ]
Item 8.01 Other Events
NaturalShrimp
Incorporated (the “Company”) received a quarantine
notice on
August 5,
2019 from the Texas Parks and Wildlife Department for the
Company’s facility in La Coste, Texas due to the detection of
IHHNV, a viral disease of Pacific white shrimp, from two Postlarvae
(“PL”) shipments from the Company’s Texas
hatchery supplier in March and April of this year. At the time of
receipts of such shipments from the hatchery in March and April,
the Company was notified by its supplier that the shipments were
virus free. Based on the Company’s quality control procedures
during the course of the shrimp farming process in the
Company’s tanks and, in this case the slower than normal
growth rate indicating possible compromise, the Company undertook
to have lots independently tested by the University of Arizona
Pathology Laboratory in Tucson. Based on those tests, IHHNV was
detected and the Company’s facility was placed under
quarantine until further notice by Texas Parks and Wildlife
Department and the United States Department of Agriculture/Animal
and Plant Health Inspection Service. Such quarantine notice also
imposes no discharge of any culture water to state waters (creeks,
rivers, streams, bays) and no sales of any shrimp until further
notice.
The
Company’s system of tanks prevents crossover contamination in
order to quickly begin restocking of PL shrimp from a different
hatchery beginning in August in different tanks. Such orders have
been placed and will begin production as soon as inspection is
passed and the quarantine has been lifted. Furthermore, the Company
has enhanced its system to include nursery tanks that will allow
the Company to evaluate the health of the shrimp through much
earlier testing in its quality control process.
SIGNATURE
Pursuant to the
requirements of the Securities Exchange Act of 1934, the Registrant
has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Dated:
August 7, 2019
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NATURALSHRIMP INCORPORATED
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By:
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/s/
Bill Williams
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Name:
Bill G. Williams
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Title:
Chief Executive Officer
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