Wall Street Signals: What’s Next for NaturalShrimp Inc (OTCMKTS:SHMP)?

What’s Next for NaturalShrimp Inc (OTCMKTS:SHMP)?

Shares of NaturalShrimp Inc (OTCMKTS:SHMP) continue to ride the roller coaster in recent action. The story has the feel of a binary outcome in the future – either this is something much bigger, or it will run into problems. We don’t have a crystal ball on that outcome distribution but will keep it very much on our radar. To further flesh out the narrative, the company just announced that it completed testing its patented technology to grow shrimp indoors with Shrimp Lot 180. “The method worked extremely well and maintained the water control parameters within acceptable limits through the grow-out period,” said Bill G. Williams, Chairman, and CEO.

As per the discharge, "The Company has chosen to keep the shrimp alive in the tank for extra framework testing. They will keep on gathering for exceptional occasions and for key customers. This will permit further refinement of the structure for the current pilot plant and the following future generation office that will fill in as the model for the overall organization. With these outcomes and hard information currently recorded, the securing of extra new frameworks will permit NaturalShrimp to encourage take off and development by adding extra reaps to show ability. This new gear will empower NaturalShrimp to build tasks, while in the meantime giving extra R&D advancement to ceaseless development."

NaturalShrimp Inc (OTCMKTS:SHMP) bills itself as a global shrimp farming company that is developing a technology to produce fresh, gourmet-grade shrimp reliably and economically in an indoor, re-circulating, saltwater facility.
Its eco-friendly, bio-secure design does not rely on ocean water but rather recreates the natural ocean environment allowing for high-density production which can be replicated anywhere in the world.
According to the release, “NaturalShrimp, Inc. (OTCQB: SHMP) is a publicly traded agro-technology company headquartered in Dallas, Texas with production facilities located near San Antonio in LaCoste, Texas. The Company has developed the first commercially viable system for growing shrimp indoors using patented technology that produces fresh, never-frozen, naturally grown shrimp without the use of antibiotics or toxic chemicals. NaturalShrimp systems are self-contained, saltwater production facilities that can be located anywhere in the world to produce gourmet-grade Pacific White Shrimp.”
As noted above, SHMP recently reported that it finished testing its licensed innovation to develop shrimp inside with Shrimp Lot 180. 
The diagram indicates almost 490% attached to share evaluating for the posting in the previous month. In addition, the organization has seen a developing convergence of exchanging enthusiasm, with the stock's ongoing normal exchanging volume running above 270% over what the stock has enrolled over the more drawn out term. 
"I am regarded to be the Corporate Executive Chef for NaturalShrimp. There are no shrimp out there that can be contrasted and our own. The word regular says everything. Our shrimp are sweet, rich and clean! This is the manner in which shrimp should taste! All white Pacific shrimp have a sweetness to them – our own somewhat more," said Douwe Ledema, Corporate Executive Chef of NaturalShrimp.
At this time, carrying a capital value in the market of $133.74M, SHMP has virtually no cash on the books, which stands against about $5.9M in total current liabilities. The company is pre-revenue at this point.