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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 pioneer in aquaculture technology, has signed a year-long agreement with Homegrown Shrimp USA, Inc. for the purchase of up to 2,000,000 post-larvae (PL) shrimp monthly. This agreement addresses supply-chain issues that previously hindered shrimp production at its facilities in Webster City, Iowa, and La Coste, Texas. CEO Gerald Easterling emphasized that without sufficient PLs, the company cannot meet customer demands. Additionally, NaturalShrimp plans to develop its own hatchery, utilizing Homegrown's genetic line to establish a consistent supply of fast-growing PLs.
NaturalShrimp, Inc. (OTCQB: SHMP) has relaunched its online ordering home delivery service, featuring a new fulfillment center and upgraded processes. Successful pilot testing in
NaturalShrimp, Inc. (OTCQB: SHMP) will showcase its gourmet-grade Pacific white shrimp during the 35th Annual ROTH Conference from March 12-14, 2023 in
NaturalShrimp, Inc. (SHMP) has announced the initiation of a prawn farm wastewater trial in Mackay, Australia, funded by the Fisheries Research and Development Corporation and the Australian Prawn Farmers Association. This project aims to evaluate the company's patented electrocoagulation (EC) technology for reducing total nitrogen and removing microalgae from wastewater. Launched in January 2023, the trial could provide insights into EC technology's broader applications in aquaculture and generate licensing opportunities if successful. Key stakeholders express optimism regarding this innovative approach to improving sustainability in the Australian prawn industry.
NaturalShrimp, Inc. (OTCQB: SHMP) announced the commencement of fresh shrimp deliveries to US Foods in Southern Texas, targeting customers in Austin, Houston, and San Antonio. This strategic initiative aims to educate customers and drive interest in their product through weekly deliveries supported by training and marketing materials. The company’s partnership with US Foods reflects strong market interest, with future plans for expansion into additional regions and the introduction of two new SKUs by late Q2 2023 to enhance product shelf life. NaturalShrimp utilizes patented technology to produce high-quality shrimp without antibiotics.
NaturalShrimp, Inc. (OTCQB: SHMP) reported a successful month following the launch of its e-commerce website and home delivery program on
Yotta Acquisition Corporation (YOTA) has announced a proposed merger with NaturalShrimp Incorporated (SHMP), a biotechnology aquaculture company. The merger aims to enhance Yotta's market position by acquiring NaturalShrimp's patented shrimp farming technology. Yotta will issue 17.5 million shares valued at $175 million to NaturalShrimp's security holders, with potential additional shares based on revenue targets for 2024 and 2025. The merger is expected to have its common stock and warrants listed on the Nasdaq Capital Market, changing Yotta's name to NaturalShrimp, Inc.
NaturalShrimp, Inc. (OTCQB: SHMP) has launched an online ordering and home delivery program for its shrimp products, effective December 9, 2022. This e-commerce platform allows customers to select fresh shrimp and sauces for direct delivery, with orders shipped the same day. The company’s Distribution Center in the Dallas-Fort Worth area is fully operational, enhancing its capacity to process and deliver products. CEO Gerald Easterling emphasized that this initiative diversifies their distribution strategy and expands their market reach, aligning with their growth objectives.
NaturalShrimp, Inc. (OTCQB: SHMP) showcased its patented Electrocoagulation and Hydrogas technologies at the Tekna Aquaculture Conference in Trondheim, Norway, held on November 23-24, 2022. Dr. Mark D. Powell reported initial positive results from trials evaluating these technologies' effects on shrimp health in Recirculating Aquaculture Systems (RAS). The innovations aim to replace conventional biofilters and support sustainable aquaculture practices, potentially leading to zero liquid discharge systems. The company highlights its commitment to advancing its intellectual property for shrimp production.
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