NaturalShrimp announced today that it has signed a Letter of Intent (LOI) to acquire the assets of Alder Aqua, formerly known as VeroBlue Farms in Webster City, Iowa, including but not limited to the real property, equipment, tanks, rolling stock, inventory, permits, contracts, customer lists and contracts and other such assets used in the operation of the Business. …
As stated in the June 3, 2020 press release, NaturalShrimp has decided to rebuild in LaCoste, Texas. The Company has spent the last 10 weeks developing a detailed design of the next facility to serve as the model shrimp production facility for future expansion. …
“We are sad to announce that our Chairman Emeritus, Dr. Bill G. Williams who recently retired as Chairman of the Board of Directors and Chief Executive Officer, passed away on April 12th, Easter Sunday. ” …
The NaturalShrimp, Inc.’s pilot production facility is proceeding as scheduled and is expected to be completed and fully operational, using its patented technology to grow gourmet-grade shrimp without the use of antibiotics or toxic chemicals, during the second quarter of 2020. …
This project entailed validating proper operation of the installed nursery and grow-out tanks and equipment with test batches of shrimp. When completed, the pilot plant will utilize four nursery tanks and 40 grow-out tanks having a total volume capacity of more than 600,000 gallons. …
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