written by reader Disrupting the Shrimp Industry!

By Frederick, February 9, 2021

Hi Gumshoeees,
Please check out SHMP as it is about to be shipping out it’s first product this year. This is a very interesting story. On their FB page they call themselves SHMPers. I see some correlations between them and Beyond Meat ( 605 institutional investors holding 55% equity & a 10.6 billion valuation ). SHMP ( 411 million valuation ) currently has no institutional ownership but that probably will change as they start to ship product to customers. The largesse start out in Des Monies IA, get shipped to Corpus Christi when they 1″ in size to larger tanks. I did not know that 80-85% of shrimp eaten in the country are imported from Asia. The stock price has been red hot lately but still under a buck. I think some DD will be worth your time!
Fairway Fred

This is a discussion topic or guest posting submitted by a Stock Gumshoe reader. The content has not been edited or reviewed by Stock Gumshoe, and any opinions expressed are those of the author alone.