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NaturalShrimp Accelerates Growth with Opening of New Corporate Headquarters in Dallas, Texas

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NaturalShrimp, Inc. (OTCQB: SHMP) has relocated its corporate headquarters to a new facility in Dallas, Texas, aimed at supporting its rapid growth. The new office will feature a test kitchen and dining area, allowing chef Douwe Iedema to create and showcase shrimp dishes. This expansion is designed to enhance sales and marketing efforts, providing a unique advantage in serving customers directly. The move is expected to facilitate the company's future growth and commercialization efforts.

Positive
  • New office relocation in Dallas allows for expansion and growth.
  • Inclusion of a test kitchen will enhance marketing and sales activities.
  • Onsite chef will create gourmet dishes to showcase product quality.
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New Office Expansion Enables NaturalShrimp to Accelerate Growth in Sales & Marketing with State-of-the-Art Test Kitchen & Dining Area

DALLAS, TX, July 07, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- NaturalShrimp, Inc. (OTCQB: SHMP), a Biotechnology Aquaculture Company that has developed and patented the first shrimp-focused commercially operational RAS (Recirculating Aquaculture System), today announced that it has relocated its corporate headquarters to a new office in Dallas, Texas to accommodate the rapid growth of the business, including a new test kitchen to support ongoing sales and marketing efforts.

The new layout includes additional office space for employee expansion, as well as a test kitchen and dining area. NaturalShrimp chef Douwe Iedema will create menus and recipes onsite to demonstrate the superior quality and freshness of the Company’s shrimp to customers and the culinary community. Employees at the location will perform vital functions for the Company in areas such as operations, information technology, finance and accounting, marketing and sales, administration and support, purchasing, and project management.   

“This location will support NaturalShrimp’s anticipated future growth and provide greater capacity for sales and marketing activities with the inclusion of the test kitchen,” said Gerald Easterling, CEO of NaturalShrimp. “Chef Iedema has been creating incredible shrimp dishes to highlight our delicious, fresh, all-natural shrimp for chefs and at food shows, and he will now be able to make and serve his dishes onsite at our corporate office. As well, the kitchen will provide a space to create video content of shrimp dish preparation for our social media channels. As we move into commercialization, the kitchen will be a unique advantage as we can serve prospective customers in a natural dining environment that showcases our product. With sufficient employee space to support national production site expansions, and the benefit of an onsite kitchen, we believe our new headquarters will help NaturalShrimp grow to the next level.”

The company’s new address is 5501 LBJ Freeway, Dallas, Texas 75240.

About NaturalShrimp

NaturalShrimp, Inc. is a publicly traded aquaculture Company, headquartered in Dallas, with production facilities located near San Antonio, Texas and Webster City, Iowa. 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. For more information visit www.naturalshrimp.com.

Forward-Looking Statements

This press release contains includes a number of forward-looking statements that reflect management's current views with respect to future events and financial performance. Forward-looking statements are projections in respect of future events or our future financial performance. In some cases, you can identify forward-looking statements by terminology such as “may,” “should,” “expects,” “plans,” “anticipates,” “believes,” “estimates,” “predicts,” “potential” or “continue” or the negative of these terms or other comparable terminology. These statements include statements regarding the intent, belief or current expectations of us and members of our management team, as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risk and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. These statements are only predictions and involve known and unknown risks, uncertainties and other factors, including the risks set forth in the section entitled “Risk Factors” in the Company's Annual Report on Form 10-K for the fiscal year ended March 31, 2021, any of which may cause our company’s or our industry’s actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied in our forward-looking statements.

Investor Relations Contact

Chris Tyson
Executive Vice President
MZ North America
Direct: 949-491-8235
SHMP@mzgroup.us


FAQ

What is NaturalShrimp's new office location?

NaturalShrimp's new office is located at 5501 LBJ Freeway, Dallas, Texas 75240.

How does the new office benefit NaturalShrimp (SHMP)?

The new office supports sales and marketing efforts with a test kitchen, enhancing customer engagement and product demonstration.

Who is the chef at NaturalShrimp's new facility?

Chef Douwe Iedema will create and showcase dishes using NaturalShrimp's products in the new test kitchen.

What is the purpose of the test kitchen at NaturalShrimp's headquarters?

The test kitchen will be used for preparing dishes to demonstrate the quality and freshness of NaturalShrimp's products.

NATURALSHRIMP INC

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4.95M
1.22B
1.16%
0.01%
Farm Products
Consumer Defensive
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United States of America
Dallas