Newspaper Coverage: NaturalShrimp, Inc. CEO Gerald Easterling at Recent Iowa Facility Ribbon Cutting
NaturalShrimp, Inc. (OTCQB:SHMP) celebrated the ribbon cutting of its new facility in Webster City, Iowa, which will be the largest RAS shrimp company in the U.S. The facility will produce fresh, locally-grown shrimp, targeting markets in Chicago and Minneapolis. CEO Gerald Easterling noted that the proprietary technology used at the plant enhances water quality control and eliminates the need for wastewater disposal. Installation of RAS units is expected to be completed within 60 days, with significant production anticipated starting in February 2021.
- New facility in Webster City makes NaturalShrimp the largest RAS shrimp company in the U.S.
- Proprietary technology enhances water quality and reduces environmental impact.
- Facility expected to produce thousands of pounds of shrimp per week.
- None.
Dallas, Texas, and Webster City, Iowa, Feb. 01, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- NaturalShrimp, Inc. (OTCQB:SHMP), an aqua-tech Company which developed and patented the first commercially operational Recirculating Aquaculture System (RAS) for shrimp, said today that the newspaper, The Daily Freeman-Journal, Webster City, Iowa, in covering the ribbon cutting at NaturalShrimp’s new facility there, said it will “produce fresh, locally-grown shrimp.
Link to article and pictures from ribbon cutting:
https://www.freemanjournal.net/news/local-news/2021/01/fresh-and-locally-grown/
The acquisition of the former VeroBlue Farms facility, now known as NaturalShrimp Iowa, “will make NaturalShrimp the largest square footage RAS shrimp company in the U.S.,” the Webster City newspaper reported.
The newspaper quoted NaturalShrimp CEO Gerald Easterling telling the ribbon cutting audience: “This gives us a footprint in the Midwest. We’ve looked at this facility being able to handle Chicago, Minneapolis and all other areas around here. The Webster City plant would likely be able to produce thousands of pounds of shrimp per week.”
“You should start to see a huge amount of activity around here starting the first week of February,” Mr. Easterling told The Daily Freeman-Journal. The newspaper quoted Mr. Easterling stressing that “what sets NaturalShrimp apart from others is the proprietary process to remove and control bacteria, ammonia and other contaminants in the water using an electrical charge, eliminating the need to dispose of the water in the city’s wastewater system.”
The NaturalShrimp team brought four RAS units to the ribbon cutting, saying installation of the equipment will be complete within 60 days. “We’re excited about this technology and the impact it has for clean water. We recirculate everything, we keep everything inside, and we don’t dump it outside,” Mr. Easterling. “This proprietary process sets NaturalShrimp apart from other companies.”
ABOUT NATURAL SHRIMP: NaturalShrimp, Inc. is a publicly traded aqua-tech Company, headquartered in Dallas, with production facilities located near San Antonio, Texas. 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.
Forward Looking Statements
This press release contains "forward-looking statements." The statements contained in this press release that are not purely historical are forward-looking statements. Forward-looking statements give the Company's current expectations or forecasts of future events. Such statements are subject to risks and uncertainties that are often difficult to predict and beyond the Company's control, and could cause the Company's results to differ materially from those described. In some cases forward-looking statements can be identified by terminology such as "may," "should," "potential," "continue," "expects," "anticipates," "intends," "plans," "believes," "estimates," and similar expressions. These statements include statements regarding moving forward with executing the Company's global growth strategy. The statements are based upon current beliefs, expectations and assumptions and are subject to a number of risks and uncertainties, many of which are difficult to predict. The Company is providing this information as of the date of this press release and does not undertake any obligation to update any forward looking statements contained in this press release as a result of new information, future events or otherwise, except as required by law. We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends affecting the financial condition of our business. Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. Important factors that could cause such differences include, but are not limited to the Risk Factors and other information set forth in the Company's Annual Report on Form 10-Q filed on November 21, 2019, and in our other filings with the U.S. Securities and Exchange Commission.
Contact:
Paul Knopick
pknopick@eandecommunications.com
940.262.3584
SOURCE: Natural Shrimp
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