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Stock impact report

NaturalShrimp, Inc. Continues Production Despite Setbacks

NATURALSHRIMP INC (SHMP) 
Company Research Source: GlobeNewswire
DALLAS, TX, Sept. 17, 2024 (GLOBE NEWSWIRE) -- NaturalShrimp, Inc. (OTCQB: SHMP) (the “Company” or “NSI”), a Biotechnology Aquaculture Company that has developed and patented the first seafood-focused commercially operational RAS (Recirculating Aquaculture System), today announced that, despite recent litigation, it has entered into discussions with Streeterville Capital, LLC (“Streeterville”) to resolve current issues, including the litigation, and to continue growing and expanding the production of the Company’s sushi grade shrimp. Notwithstanding the litigation in Utah, the principals of both the Company and Streeterville seek a resolution that works for both companies. In this respect, prior to the filing of the lawsuit, representatives of Streeterville toured the Company’s Webster City Facilities in Iowa and were impressed enough by the technology and the work of the Company’s employees that Streeterville agreed to and did enter into a Line of Credit Agreement totaling up to $ Show less Read more
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