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NaturalShrimp Holdings, Inc., based in San Antonio, Texas, United States, is a leading food production company. Headquartered in Dallas, with production facilities in San Antonio, Texas, and Webster City, Iowa, the company focuses on aquaculture. NaturalShrimp has revolutionized shrimp farming by developing innovative enclosed salt-water systems using patented technology to produce fresh Pacific white shrimp naturally, without the need for antibiotics or toxic chemicals. The company's commitment to sustainability is evident in its recent patent filings in Japan, Thailand, and Australia and its successful 6-month trial of Electrocoagulation and Hydrogas™ technologies in Japan. With plans for expansion and listings on the Chicago Board of Options Exchange, NaturalShrimp is poised for growth and further innovation in the aquaculture sector.
NaturalShrimp, Inc. (OTCQB: SHMP), a Biotechnology Aquaculture Company, is continuing production despite recent setbacks. The company has entered into discussions with Streeterville Capital, to resolve ongoing litigation and maintain its shrimp production. Despite legal challenges, Streeterville has shown interest in NaturalShrimp's technology, agreeing to a $500,000 Line of Credit Agreement after touring the Webster City Facilities in Iowa.
NaturalShrimp is avoiding bankruptcy and instead seeking an amenable solution with Streeterville. The company's long-term goals include increasing production, expanding operations, and uplisting to a national exchange. This approach demonstrates NaturalShrimp's commitment to growth and shareholder value despite current challenges.
Natural Shrimp, Inc. (SHMP) has announced significant improvements in its e-commerce platform, including enhanced packaging and streamlined ordering processes for its shrimp delivery service. The company has launched an online ordering website and a dedicated fulfillment center, incorporating customer feedback to optimize the user experience. The changes include biodegradable trays for packaging, vacuum-sealing for freshness, increased order quantities, and special offerings through various marketing channels. Additionally, a new 'Pick Up Option' procedure will allow customers to avoid shipping costs by picking up their orders at a designated location.
Natural Shrimp, Inc. (OTCQB: SHMP) has announced the expansion of its market presence by increasing production at its Webster City facility to support the sale of sushi-grade shrimp. The company has successfully entered the Chicago market and is now exploring new commercial outlets in the upper Midwest. Sales manager Brian Rashid has secured purchases from Asian markets in Minneapolis and Kansas City, with plans to expand further into other regional markets.
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