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MarketScreener Homepage  >  Equities  >  OTC Bulletin Board - Other OTC  >  NaturalShrimp Inc    SHMP

NATURALSHRIMP INC

(SHMP)
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NaturalShrimp, Inc. Places Additional Equipment Order To Facilitate Shrimp Harvest Expansion At LaCoste, Texas, Facility

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02/12/2019 | 08:31am EDT

DALLAS, TX, Feb. 12, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- NaturalShrimp, Inc. (OTCQB: SHMP) announced today that it is placing an immediate order for three additional water treatment systems to accelerate the harvesting expansion of their new, patented technology at their LaCoste, Texas, facility.

These new systems will allow Natural Shrimp to facilitate their rollout and expansion by adding additional harvests to their present capability. They will immediately start to process water in additional tanks in preparation for new shrimp stock. This new equipment enables NaturalShrimp to increase operations, while at the same time providing additional R&D development for continuous innovation.

“We are now in a position to initiate expansion of our present capabilities to meet the growing consumer demand for our product,” said Bill G. Williams, CEO.

“We couldn’t be more excited about the opportunity to provide these additional systems to NaturalShrimp to increase the amount of fresh farmed shrimp they can produce,” said Peter Letizia, CEO of F&T Water Solutions.

NaturalShrimp and F&T together developed and patented the Vibrio Suppression Technology system eliminating water-borne bacteria and other harmful organisms and allowing many other aquatic species to grow and thrive in an indoor all-natural environment that can be replicated anywhere in the world. The companies through their subsidiary, Natural Aquatic Systems, are currently entertaining possible joint ventures and/or licensing candidates for many indoor species, including Barramundi and Salmon.

ABOUT F&T WATER SOLUTIONS, LLC: Specialists in waste water treatment providing Electrocoagulation, Solids Management, Desalination and Heavy Metals Absorbent solutions for use in Aquaculture, Food Processing, O&G Operations, MSW and Landfill Leach-ate.

ABOUT NATURAL SHRIMP: NaturalShrimp, Inc. is a publicly traded AquaTech Company, headquartered in Dallas, Texas, 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.

Paul Knopick
9402623584
pknopick@eandecommunications.com

© GlobeNewswire 2019
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Managers
NameTitle
Bill G. Williams Chairman & Chief Executive Officer
Gerald Easterling President, Secretary & Director
William J. Delgado Chief Financial Officer, Treasurer & Director
Tom Untermeyer Chief Technology Officer
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