This post first appeared on Micro Cap Daily
NaturalShrimp, Inc. (OTCQB: SHMP) stock price has seen a massive surge in early February of this year, taking its price from barely above $0 to nearly $1. The growth came after months of development, and after the results proved to be positive — the price reflected the company’s progress. Of course, the initial surge was a result of the hype as well, and the price quickly declined to $0.2, although this is still much higher than a few cents, that the stocks were initially worth.
In late February, the company saw another growth of its stock value, this time to $0.6. However, this progress was also followed by a month-long decline back to $0.2, where the price had stabilized for over a month. Now, as May 2019 is starting to kick off, the price is once again experiencing massive growth, going up by over 20% in the last 24 hours.
NaturalShrimp is a company that promises to bring shrimp farming to an entirely new, eco-friendly level. The company has developed a technology that will allow it to produce a fresh supply of shrimp and other seafood globally, regardless of location or time of the year. Its product will always be fresh, gourmet-grade, reliable, and economical.
The shrimp are farmed in indoor, re-circulating saltwater facilities that are entirely eco-friendly. They do not even have to rely on ocean water in order to create appropriate conditions. Instead, the company has managed to recreate the natural ocean environment, which allows much higher shrimp production which can be replicated anywhere.
The solution holds a large potential to change the way seafood is being produced, particularly due to the fact that the company does not plan to stop at farming shrimp. This way, seafood lovers from around the world can continue to enjoy their favorite foods, while not risking the environment, which might end up revolutionizing the way we produce food while allowing the ocean ecosystem to flourish.
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NaturalShrimp’s recent progress
As mentioned, the company has started seeing major stock boost in February of this year, but its price growth started a bit earlier, in late January. This came thanks to the company’s claim that it can provide a method of growing and harvesting shrimp that would not lead to major environmental issues. Its real stock price surge, however, came after the firm announced expansion at LaCoste, Texas.
The expansion served as proof that the company’s technology does work and that the firm can truly grow shrimp in any location. As mentioned, the company’s stock price started dropping after the initial hype, only to surge again once the firm announced the completion of tests regarding its patented technology.
Only about a week later, in early March, the company announced that it would make a fresh shrimp delivery to Mardi Gras event, held in northern California. It also had an opportunity to present its technology at the Seafood Expo North America conference in Boston.
NaturalShrimp then started the full production of its new water treatment systems. Its’ stock price started growing anew in early May, once the firm explained that their shrimp are grown without using any antibiotics and other toxic chemicals.
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The company’s price is currently skyrocketing, as expected, considering how innovative their product is. It holds the potential to revolutionize the way shrimp and other seafood is being grown and harvested. Most of all, it is eco-friendly, and it would allow people around the world to enjoy seafood without affecting the oceans — which has been one of the major concerns in recent years. It is still not too late to invest in the company, as its’ stock price has only started its growth. However, interested investors are advised to hurry with making the decision, as the price is heading for the sky at the moment. We will be updating on NaturalShrimp when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with NaturalShrimp.
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Disclosure: we hold no position in NaturalShrimp either long or short and we have not been compensated for this article.
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This post first appeared on Micro Cap Daily