NATURALSHRIMP INC - SHMP STOCK NEWS

NaturalShrimp, Inc. (OTCQB: SHMP) announced the appointment of aquatic veterinarian Christine Huynh as head of its subsidiary, Natural Aquatic Systems (NAS). With over 10 years of experience, Christine will consult NAS on commercial research in aquaculture and spearhead projects at the Marineholmen RASLab in Norway. The collaboration aims to explore welfare benefits in aquaculture production and wastewater processing. CEO Gerald Easterling praised Christine's expertise, emphasizing its importance for enhancing shrimp health and production efficiency, and unlocking licensing opportunities for innovative technologies.

NaturalShrimp, Inc. (OTCQB: SHMP) has entered a three-month trial purchase agreement with Gulf Seafood Inc. (GSI) to deliver 25,000 pounds of live shrimp to their distribution network in Florida. GSI, established in 2013, specializes in live shrimp distribution and will assist with logistics and staff training. If the trial is successful, a long-term distribution agreement may follow. The minimum pricing for shrimp is set at $10.50 per pound, potentially leading to sales of $300,000 to $500,000 in Q4 2021, with cash flow positivity projected by mid-2022.

NaturalShrimp, Inc. (OTCQB: SHMP) announced significant developments in a recent letter to shareholders. The company is transitioning to commercialization of its patented Recirculating Aquaculture System (RAS) technology. Key updates include finalizing a Distribution Agreement in Florida with projected sales of $300,000 to $500,000 for Q4 2021, extensive shrimp stocking in Webster City, and advancements towards full capacity in LaCoste. The company aims for a NASDAQ uplist by mid-November 2021, with potential for institutional investments. NaturalShrimp estimates being cash flow positive by Q2 2022.

NaturalShrimp, Inc. (OTCQB: SHMP) will showcase its gourmet-grade Pacific white shrimp at the 14th Annual LD Micro Main Event on October 12-14, 2021, in Los Angeles, California. CEO Gerald Easterling and CFO William Delgado will deliver in-person and virtual presentations discussing the company's patented Recirculating Aquaculture System (RAS) and future milestones. Attendees can taste farm-to-table shrimp prepared by Chef Douwe Iedema during a welcome reception on October 12 at 5:30 PM PT.

NaturalShrimp, Inc. (OTCQB: SHMP) announced promising initial results from its short-term validation study at the Marineholmen RASLab in Norway. The study focuses on the effects of hyper-antioxidant technologies, specifically HydroGas, on freshwater salmon production. Initial trials indicate improved welfare scores and fish health, with no negative impacts on water quality. NaturalShrimp aims to leverage these findings for broader applications in aquaculture, potentially enhancing growth rates and welfare in salmon and other species. The company acquired Hydrenesis Aquaculture's assets in August 2021 to further this research.

NaturalShrimp, Inc. (OTCQB: SHMP) has launched a new investor relations website to enhance communication with investors. The site features a press release feed, share price, SEC filings, and more, optimized for all devices. CEO Gerald Easterling noted that this launch coincides with the anticipated uplisting to Nasdaq in Q4 2021 and follows the acquisition of Hydrenesis Aquaculture, which aims to drive shrimp production and expand into a $17 billion global salmon market. NaturalShrimp focuses on growing shrimp in enclosed systems, emphasizing fresh, sustainable production without antibiotics.

NaturalShrimp, Inc. (OTCQB: SHMP) has finalized its acquisition of Hydrenesis Aquaculture, LLC for $12.5 million, comprising $4 million in cash and the remainder in stock. This acquisition enhances NaturalShrimp's capabilities in aquaculture, particularly through the integration of Hydrenesis' advanced water treatment technologies. The deal is expected to drive growth by expanding into the $17 billion global salmon market and other freshwater species. CEO Gerald Easterling anticipates the acquisition to be accretive to operations and earnings in fiscal year 2022, focusing on sustainable seafood options.

NaturalShrimp, Inc. (OTCQB: SHMP) has appointed Marco Van Den Berg to lead its sales and marketing efforts in North America, beginning as a consultant before taking on the role of Vice President of Sales. With over 20 years of experience and a successful background in the seafood industry, Marco aims to enhance customer growth, market expansion, and brand awareness. CEO Gerald Easterling emphasizes Marco’s extensive knowledge and leadership as pivotal for the company's strategic initiatives, including potential international growth.

NaturalShrimp, Inc. (OTCQB: SHMP) has filed a new patent application to enhance its electrocoagulation technology used in its Recirculating Aquaculture System (RAS) for shrimp production. This follows the company's acquisition of F&T Water Solutions, giving it full ownership of the original patent. The new application aims to strengthen legal protections for the technology, which is pivotal for sustainable aquaculture not just for shrimp but also other aquatic species. CTO Tom Untermeyer emphasizes the importance of continued innovation in patent filings to benefit the company and its shareholders.