$SHMP NaturalShrimp, Inc. Announces 1,000,000 Febr
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Posted On: 03/03/2020 6:30:46 AM
$SHMP NaturalShrimp, Inc. Announces 1,000,000 February Shrimp Stocking
The shrimp stocking and production schedule is proceeding according to plan with 500,000 healthy Postlarvae (PL) shrimp received at the NaturalShrimp, Inc. (OTCQB: SHMP) Pilot Plant in La Coste, TX on February 5, 2020 and another 500,000 healthy PLs received on February 27th, 2020. The PLs are about a quarter inch in length comparable to the size of an eyelash. (Pictures of the shrimp are available at www.naturalshrimp.com.)
In accordance with the previously announced hatchery contract, NaturalShrimp will continue to receive up to 1 million PLs per month from the Sea Products Development hatchery. The PLs stocked in nursery tanks will increase in size during a 4-week to 5-week period before transferring them to growout tanks located within the Pilot Plant. This nursery/growout physical separation will allow NaturalShrimp to further evaluate the health of the shrimp prior to the transfer. Once in the growout tanks, the shrimp will continue to grow. Based on a 24-week overall growth period, the shrimp stocked on February 5, 2020 should reach a harvest size of 23 grams (20 per pound) by late July 2020.
ABOUT NATURAL SHRIMP: NaturalShrimp, Inc. is a publicly traded aqua-tech Company, headquartered in Dallas, with production facilities located near San Antonio, Texas. The Company has developed the first commercially viable system for growing shrimp in enclosed, salt-water systems, using patented technology to produce fresh, never frozen, naturally grown shrimp, without the use of antibiotics or toxic chemicals. NaturalShrimp systems can be located anywhere in the world to produce gourmet-grade Pacific white shrimp.
The shrimp stocking and production schedule is proceeding according to plan with 500,000 healthy Postlarvae (PL) shrimp received at the NaturalShrimp, Inc. (OTCQB: SHMP) Pilot Plant in La Coste, TX on February 5, 2020 and another 500,000 healthy PLs received on February 27th, 2020. The PLs are about a quarter inch in length comparable to the size of an eyelash. (Pictures of the shrimp are available at www.naturalshrimp.com.)
In accordance with the previously announced hatchery contract, NaturalShrimp will continue to receive up to 1 million PLs per month from the Sea Products Development hatchery. The PLs stocked in nursery tanks will increase in size during a 4-week to 5-week period before transferring them to growout tanks located within the Pilot Plant. This nursery/growout physical separation will allow NaturalShrimp to further evaluate the health of the shrimp prior to the transfer. Once in the growout tanks, the shrimp will continue to grow. Based on a 24-week overall growth period, the shrimp stocked on February 5, 2020 should reach a harvest size of 23 grams (20 per pound) by late July 2020.
ABOUT NATURAL SHRIMP: NaturalShrimp, Inc. is a publicly traded aqua-tech Company, headquartered in Dallas, with production facilities located near San Antonio, Texas. The Company has developed the first commercially viable system for growing shrimp in enclosed, salt-water systems, using patented technology to produce fresh, never frozen, naturally grown shrimp, without the use of antibiotics or toxic chemicals. NaturalShrimp systems can be located anywhere in the world to produce gourmet-grade Pacific white shrimp.
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