This post first appeared on Micro Cap Daily

NaturalShrimp, Inc. (OTCQB: SHMP) has seen massive growth in stock in February 2019. The SHMP price surged from $0.06 to just below $1, and while the surge was quite sudden, so was the price correction that followed. The price was back to $0.2, which has served as its strongest support level ever since.

Another surge started only a day later, but this one was much milder, taking the price to $0.6. It reached this height in the final days of February, only to spend most of March slowly declining towards the $0.2 support. The price attempted another growth in mid-March, although this time it only reached $0.3, and the one final attempt in early April took it to $0.25, before dropping down to $0.2 for one final time.

What does NaturalShrimp do?

NaturalShrimp, Inc. is a global shrimp farming firm that managed to develop technology which allows it to produce gourmet-grade, fresh shrimp throughout the year. The technology creates perfect indoor conditions for a reliable and economical seafood production in a re-circulating, saltwater facility.

It is completely eco-friendly and bio-secure, and it does not actually rely on ocean water at all. Instead, the company recreated the shrimp’s natural habitat, creating a perfect environment for artificial growth. The design can be replicated anywhere in the world, and it holds the massive potential to completely revolutionize the seafood industry.

The company’s goal is to continue providing various locations around the world with top-quality food, while not having to depend on the environment itself. That way, the environment can be protected, and the ocean ecosystem would not have to suffer due to human needs. While the project started with shrimp farming, the firm has plans to expand and include additional species.

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NaturalShrimp’s potential pushes the company forward

NaturalShrimp is still a small company, with a market cap of only $56 million. However, the company holds the large potential to bring change in the way we grow and distribute seafood. The company’s original surge came in early February, soon after the company announced that its shrimp harvesting methods avoid major environmental issues. The company then also stated that its method of growing and harvesting shrimp would expand to a facility at Lacoste, Texas.

The sudden exposure and popularity allowed its stock price to surge, and the firm continued helping this growth with additional positive news, such as the completion of tests of their patented technology.

By early March, the company started making shrimp deliveries, with the first one going to Mardi Gras Event, held in northern California. The company also had a chance to present its technology at the Seafood Expo North America 2019 (SENA) conference, held in Boston in mid-March.

While the company’s stock dropped back down after the initial hype, the firm still continued with the development of its technology, announcing that their new water treatment systems are going in full production. NaturalShrimp also started with the expansion of its marketing program, which is bound to bring it back to the attention of the public.

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In other words, it is only a matter of time before this revolutionary tech once again starts appearing in headlines. As soon as it happens, the firm’s stock price will surge once again, and this time — it might not come back down. Because of this, now is the perfect time to invest, as everyone who becomes a shareholder early has a great chance of seeing major profits in the following years, if not months. 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

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