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Company Overview
Natural Shrimp (SHMP) is a biotechnology aquaculture company that has reinvented the way gourmet-grade shrimp are produced. Leveraging a patented Recirculating Aquaculture System (RAS) alongside innovative technologies such as Electrocoagulation (EC) and Hydrogas™, the company produces naturally grown shrimp without the use of antibiotics or toxic chemicals. This state-of-the-art system not only optimizes water quality by efficiently removing ammonia but also enhances shrimp growth rates, providing a sustainable alternative to traditional aquaculture methods.
Core Technology and Operations
At the heart of Natural Shrimp's operations is its commitment to leveraging advanced biotechnology for shrimp production. The patented RAS technology enables the production of Pacific white shrimp in controlled, enclosed salt-water systems that can be set up anywhere in the world. By eliminating reliance on conventional open-water systems, the technology minimizes environmental impact, reduces biosecurity risks, and ensures consistent quality. The integration of EC and Hydrogas technologies in pilot programs, including extensive trials in Japan, demonstrates the company's ability to innovate and refine cultivation processes, ultimately delivering higher quality products with improved growth metrics.
Market Position and Competitive Landscape
Natural Shrimp has positioned itself as a key player in the premium seafood production industry. Its focus on quality and technological innovation distinguishes it from traditional shrimp farms, with a strategic expansion into international markets. The company's participation in uplisting processes on senior exchanges signifies its intent to attract a broader base of institutional and retail investors, as well as to access more diversified markets. The emphasis on providing antibiotic-free, naturally grown shrimp caters to a niche of consumers seeking gourmet seafood options, while also addressing growing global demands for sustainable and safe food production.
Business Strategy and Expansion
The company manages a dual approach that combines groundbreaking technology with strategic market outreach. Its production facilities, based in key locations such as San Antonio, Texas, and Webster City, Iowa, are designed to adapt to varying market demands. With a robust approach to research and development, Natural Shrimp continuously explores strategic partnerships and licensing opportunities, as evidenced by successful trials in Japan. These activities not only underline the practical viability of its technologies but also open avenues for international joint ventures aimed at scaling operations. Through focused market penetration strategies in regions like Chicago and the upper Midwest, the company is expanding its product distribution network and fostering strong relationships with repeat customers.
Quality, Sustainability, and Industry Expertise
In an industry that increasingly values transparency and product integrity, Natural Shrimp's commitment to sustainable practices is evident. The company employs rigorous quality control measures that align with high standards required for gourmet food production. Its systems are built to deliver consistent, high-quality produce while meeting the diverse needs of various market segments. The expertise embedded in its operations is demonstrated through continuous innovation, robust trials, and adaptive market strategies that confirm its position as a trusted name in biotechnology aquaculture.
Conclusion
Overall, Natural Shrimp combines advanced aquaculture technology with strategic market expansion initiatives to offer a unique value proposition in shrimp production. By integrating patented RAS technology with modern bioengineering solutions, the company brings forward a sustainable, high-quality seafood option that meets modern consumer preferences for naturally grown, antibiotic-free products. Its comprehensive approach—from technological innovation, through operational excellence, to market engagement—ensures that stakeholders and market analysts gain a thorough and nuanced understanding of this pioneering enterprise.
NaturalShrimp, Inc. (OTCQB: SHMP) continues its mission to provide fresh, land-based gourmet shrimp. Despite a recent fire at the La Coste facility, production remains unaffected, aided by backup equipment. The company has launched live shrimp sales in Texas and Iowa, targeting high-margin markets with projections to reach $1 million in cumulative sales by year-end. Additionally, trials in Norway and upcoming tests in Australia for innovative aquaculture technologies present opportunities for future revenue. A potential NASDAQ uplisting aims to enhance shareholder value.
NaturalShrimp, Inc. (OTCQB: SHMP) will showcase its gourmet-grade Pacific white shrimp at the ROTH 8th Annual London Conference from June 21-23, 2022, in London, UK. Attendees include key executives such as President Gerald Easterling and CFO William Delgado, who will discuss the company's patented Recirculating Aquaculture System technology and its commercialization. The event features a tasting of farm-to-table sushi grade shrimp prepared by Chef Douwe Iedema on June 22, 2022, from 12:00 pm to 1:30 pm (BST).
NaturalShrimp will showcase its gourmet-grade Pacific White Shrimp at the LD Micro Invitational XII from June 7-9, 2022, at the Four Seasons Hotel, Westlake Village, California. Company representatives, including CEO Gerald Easterling and CFO William Delgado, will engage in one-on-one meetings to discuss key milestones and commercialization opportunities regarding their patented Recirculating Aquaculture System (RAS). Attendees can taste the shrimp prepared by Chef Douwe Iedema on June 7 at 1:00 pm and 4:00 pm PT.
NaturalShrimp, Inc. (OTCQB: SHMP) has appointed four independent directors to its Board: Thomas B. Pickens III, Dr. Paraic J. Mulgrew, Dr. Edward R. Rashid, and Edward Johnson. These appointments aim to enhance the company's leadership ahead of its planned uplisting to the Nasdaq Capital Market. Pickens, a seasoned executive with a history of founding successful firms, and the other appointees bring diverse expertise in business, health, and entertainment. CEO Gerald Easterling emphasized their roles in adding value for shareholders and fulfilling Nasdaq requirements.
NaturalShrimp, Inc. (OTCQB: SHMP) announced the issuance of a new patent on April 12, 2022, for its electrocoagulation technology applied in aquaculture. This patent, 11,297,809, enhances their existing system for ammonia control in shrimp production. It builds upon the original patent awarded in 2018, which NaturalShrimp fully owns since acquiring F&T Water Solutions in May 2021. The new patent strengthens the company’s market position and legal protection for its innovative aquaculture methods, according to CTO Tom Untermeyer.
NaturalShrimp, Inc. (OTCQB: SHMP) announces the completion of its Texas production facility retrofit, now utilizing 70% of its tanks for shrimp growth. The firm plans further enhancements with a $1.0+ million contract with Dean Snyder Construction to expedite retrofitting in Iowa facilities, aimed for completion by year-end 2022. CEO Gerald Easterling noted challenges due to COVID-19 affecting supply chains but expressed optimism for recovery and achieving cash flow positivity by Q4 2022.
NaturalShrimp, Inc. (OTCQB: SHMP) will showcase its gourmet-grade Pacific white shrimp at the 34th Annual ROTH Conference from March 13-15, 2022, in Dana Point, California. Company executives, including CEO Gerald Easterling and CFO William Delgado, will partake in one-on-one meetings to discuss milestones and commercialization of their patented RAS technology. Attendees can sample shrimp prepared by Chef Douwe Iedema during events on March 13 at 5:00 PM and March 14 at 6:00 PM PT.
NaturalShrimp (OTCQB: SHMP) released a letter to shareholders highlighting significant achievements and future plans. The company raised over $50 million since a fire at its facility in March 2020, boosting total assets from $2.3 million to over $41 million by December 2021. Despite production delays due to supply chain issues, NaturalShrimp anticipates cash flow positivity by Q4 2022. The firm plans to uplist to NASDAQ by April 15, 2022, and expand its shrimp production facilities in Texas and Iowa. A mega facility in Las Vegas is also in the planning stages, enhancing geographic reach.
NaturalShrimp, Inc. (OTCQB: SHMP), a leader in biotechnology aquaculture, has been invited to participate in The Wall Street Conference 2022 'Billionaires Row', taking place from March 7-9, 2022 at the Four Seasons Resort in Palm Beach, Florida. Chief Financial Officer William Delgado will represent the company to engage with accredited investors and wealth managers. NaturalShrimp is also sponsoring breakfast sessions during the event. The company specializes in sustainable shrimp farming using patented RAS technology, delivering fresh shrimp free from antibiotics and chemicals.
NaturalShrimp, Inc. (OTCQB: SHMP) has signed an agreement with the Jefferson County, Florida Board for a 10-acre land lease to build a 250,000 square foot inland shrimp production facility. The facility aims to meet growing demand in Florida and is expected to benefit from up to $25 million in grant funding. Additionally, NaturalShrimp is collaborating with the Water Quality Association to create a training program for aquaculture workers, enhancing workforce development in the region. This strategic move supports the company's long-term growth objectives.