NaturalShrimp Incorporated (QB) (SHMP) Quote

WELL OVER 2 BILLION SHARES OUTSTANDING FULLY DILUTED (Series A)

NATIONAL SHRIMP DAY and SHMP is a PATHETIC SHARE SELLING PROMOTION

FOLKS, I THINK IT'S TIME YOU ALL WENT HOME, I REALLY DON'T UNDERSTAND WHAT'S
LEFT HERE, EXCEPT MISERY !!!

There is no problem to "nip". Based on SHMP's performance...or lack thereof..."Big Seafood" has nothing to worry about from SHMP.

Yes sir. That was awhile ago.

Reading Comprehension Class Highly Recommended. It is difficult because you are commenting on subject matters you nothing about. I SAID AND ILL REPEAT IB requires $2.50 a share for every short. Do you see how even if you could borrow, a short makes no sense in SHMP. And you would get a borrow.

"they aren't tying up $2.5 million in cash to short $9,000 in stock." Maybe we grew up in a different time, among a different species, on a different planet. If that kind of money can tank the stock of a company developing an industry disuptive technology, then it would be a no brainer for "tradagro" / "Big Seafood," established industry players to try to nip this problem in the bud. It's peanutes. There is a track record for this. Your naivete is concerning.

Educate yourself: https://www.prsa.org/docs/default-source/home-library/professional-development/resource-pages/misinformation/short-seller-attacks---case-studies-(anonymized).pdf

uh-oh

https://pcaobus.org/news-events/news-releases/news-release-detail/pcaob-sanctions-edward-turner-cpa-for-noncooperation-with-a-board-inspection-and-improper-alteration-of-audit-documentation

Although this is speculation on my part, I am deeply concerned about Turner Stone blessing the financials.

The answer is yes. There are none. Not one. Since you're going to scramble around and try to prove me wrong, allow me to save you some time. Somebody who has no idea what they're talking about may say try IB. Hogwash. First, they require $2.50 per shares so unless someone is brain dead, they aren't tying up $2.5 million in cash to short $9,000 in stock. Second, they will not loan out stock. So if you knew anything, you would realize the borrow is 10% of the battle. Protecting the BD and the clearing firm is 90%.

So I will repeat. You blamed SHMP's performance on shorts. Name one BD that will allow a short in this stock.

Do you know for a fact that Easterling and cohorts exchanged THEIR Series A shares as part of the settlement?

If they didn’t, then there would be a reason for the Series A shares to continue to exist…as they clearly do.

Short Selling Data
Short Interest
2,852
(-98.56%)
04/15/2024
Significant Failures to Deliver
No

Ever call every brokerage house in the country to confirm none will lend OTC shares? I'm going to venture a guess at "no," since it would be a futile act considering Short INTEREST is reported to FINRA as open for NSI, an OTC stock. Not once have you provided a reasonable explanation for why FINRA reports open short INTEREST on NSI. Who is doing it is irrelevant, but leave it to you to spot the wrong issue, as usual.

Like clockwork. Crappy take is refuted by hard evidence and the result is ad hominem attacks. So predictable.

Hey have you ever identified the phantom shorts. I think it's Petey from Sioux Falls.

You have no clue what you're talking about and never had. It is proven because you have rode the stock down to 9/10 of a penny. That is one hell of a job. Are you finally going to get out at 1/10 of a penny?

I'm a nitpicker so I have to comment. The Court affirmed Series A creation in the Shover Suit. Therefore, your hypothetical lawsuit would fail. To that point, to say the Series A were "illegally issued" is legally incorrect. Anyone who read the Judge's Order can easily see that. However, the Court did not expressly state that in resolving the NSI-NSH "dispute" that the Series A would be cancelled. In my opinion, that is the only logical conclusion. On this board, this is THE issue.

To some extent we agree. However, it is my personal opinion that upon settlement of ALL NSH Shareholder claims, the Series A became void or null because of a lack of consideration. Consequently, it is my position that the Series A, currently, are without legal authority, standing, enforceability, etc., which means, I argue, they should be cancelled immediately, regardless of and certainly not contingent upon an uplist.

Now, with that said, I'll stir the pot... just because I think that's what should happen doesn't necessarily mean I disagree with what is happening...doesn't mean I agree either.

Your circuitous and long winded response = no, the number of preferred shares is not altered. How does that make it a trick question?

I believe they would have to be retired because as I said 80 times, they were never legally issued. If they tried this sort of thing with a NYSE company or if any one did, the lawsuit would be filed within 24 hours. Same for any sizable Nasdaq company.

You busted me on the "trick question"! MF is pretty smart, he sidestepped it, he instinctively knew where I was going with it. Thanks for your smart guy input. Although, I believe Pref. A Shares will be required retired for NSI proposed uplist.

They can always add more as History tells us!

Trick question. The preferred is convertible into 100% of the shares outstanding at the time of conversion. So if there are 2 billion out, it converts into 2 billion upon election. However and regardless of the amount of the RS, the 100% does not change unless the certificate of designation dictated that which it does not. If there are 3 shares out and the preferred owner elects to convert, they get 3 shares. So they get less shares but will always get an amount equal to 100% of the outstanding at that time.

They can always add more as History tells us!

UF and MF......you're gonna go down with the SH(I)P (M) aren't you!

I think the bigger motivator for an R/S is that SHMP only has 260M shares in its treasury. Ignoring, of course, all the shares that would have to be created if/when Easterling converts his Series A shares.

Oh Easty has big news, but it is a secret. bwahhhaaaaaaaa

Generally speaking

Preferred shares do NOT reverse split, they have and maintain a fixed value "par value" based on specific Dollar amount or if there is a conversion, it would be based on percentage of.... Example would be Easterling preferred converted to an equal number of the outstanding common shares with or without split... another example when the three stooges gifted themselves bonuses...each of their bonuses had a conversion rate of 8.5%(from memory) of common shares at the time of conversion.

I am sure Mrs. Dong is a wonderful person, just curious.

I have never seen the pref's r/s, but there is always a first

When in doubt, ask EQ!

The pps is less than a penny!!! I believe the chances are pretty high (i.e., 99.9999...9% lol) a RS is in the cards if an uplist is actually going to happen this time!

Damn, it's like talking to my spouse, never an answer, always another question back. 🤣 Sure you are not a lawyer? 🤣

You tell me. Would they R/S at all?

Big news! Big! Lol

“Improved” e-commerce. And yet…still now mention of what size shrimp one is buying for $17.60 per pound, not including shipping.

While there's a smart guy on here, I have a question; would preferred shares RS at the same ratio as common shares?

I found this: "If the amendment effectuating the Reverse Stock Split has not been filed with the Secretary of State of Nevada by the end of the 12-month period from the Effective Consent Date, the Board will abandon the Reverse Stock Split." I think you understood it properly.

Maybe I misunderstood it? It sounded to me to that it was only effective for 12 months. https://www.sec.gov/Archives/edgar/data/1465470/000165495422003591/shmp_def14c.htm

There was an expiration date on the filing? I must have missed that.

Hasn't that RS notice expired a long time ago?

We all know that 1:25 RS is still on the table... before anything else need occur for any hypothetical uplist.
1.4 b to 56 m
.01 to $.25

Unreal! This scam is done.

Keep in mind folks, were in the middle of a PR hurricane for this company... they really have to sell this to make the uplisting as favorable as possible and this is their best attempt LOL

MOP shows up occasionally on Yahoo as (get this) "Truth". 🤣

GREAT OBSERVATION JIMBO !! IS YOUR BUY ORDER STILL STANDING AT .000001 ??

We haven’t heard from Easty’s brother in law for awhile. I wonder if Deborah put him in chains or something. Maybe he is swimming in a tank at the Lacoste alleged abandoned facility

Old Tom got a new Tesla and old Easty got a new Lincoln, That is all that mattered

The bonuses were more important than the taxes

Just a few hundred million sold shares and the property tax bill gets paid.

Shrimpscam

Loading at .0000000000001