GSFD Global Seafood Technologies Inc.= Tysons of Seafood Huge!!! formerly International Custom Pack, wants to be to the seafood industry what Tyson Foods is to poultry.


http://msbusiness.com/blog/1999/08/30/global-...f-changes/

The company has an alliance with Finicky Pet Food in Pascagoula for production of the bait products. GSFT has also acquired Dragon Bait, one of the premium ballyhoo (a type of bait fish) suppliers in the U.S., located in Marathon, Fla. About $2 million has been invested in the Killer Bee Bait division.

GSFD also invested about $1 million in the purchase of Comar Foods, a value-added seafood processing plant in Irvington, Ala.

GSFD currently imports about 15 million pounds per year of farm-raised shrimp or prawns, Macrobrachium rosenbergii, representing about 20% of the company’s production. For the past couple of years the company has also been working to encourage aquaculture production of the same species here in Mississippi.

GSFD purchased a tilapia farm in Ocean Springs which was converted into a freshwater shrimp hatchery and nursery, and has contracted with large catfish growers in Mississippi to produce the crop here. The company has invested about $500,000 in the freshwater shrimp project.

“We are a primary importer of that product, so we have the market already in place,” Gutierrez said. “We believe we can compete with foreign shrimp operations.”

Gutierrez conducted an economic feasibility study of producing freshwater prawns in Mississippi considering research done in the area by Mississippi State University (MSU). Dr. Lou D’Abramo, a MSU professor and aquaculture biologist, said the university has been studying the potential for freshwater shrimp aquaculture in Mississippi for 13 years.

GSFD Security Details
Share Structure
Market Value1 $18,005 a/o Jun 10, 2013
Shares Outstanding 16,368,418 a/o Jun 11, 2003
Float Not Available
Authorized Shares 75mil per Nev SS
Par Value 0.001