NaturalShrimp Inc 8-K, filed Aug 20, 2020
NaturalShrimp Inc (SHMP)
8-K
2020-08-20
For: 2020-08-19
View Original
Added on
July 28, 2026
About this 8-K
NaturalShrimp Inc filed this 8-K on August 20, 2020, reporting on events of August 19, 2020.
Items reported
- Item 8.01: Other events
- Item 9.01: Financial statements and exhibits
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington,
DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of
1934
Date of
Report (Date of earliest event reported): August 19, 2020
NATURALSHRIMP INCORPORATED
(Exact
name of registrant as specified in its charter)
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Nevada
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000-54030
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74-3262176
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(State
or other jurisdiction
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(Commission
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(IRS
Employer
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of
incorporation)
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File
Number)
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Identification No.)
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15150 Preston Road, Suite #300
Dallas, Texas 75248
(Address
of principal executive offices)
Registrant’s
telephone number, including area code: (888) 791-9474
N/A
(Former
name or former address, if changed since last report)
Check
the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant
under any of the following provisions:
☐
Written communications pursuant to Rule 425 under the Securities
Act (17 CFR 230.425)
☐
Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
☐
Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
Securities
registered pursuant to Section 12(b) of the Act:
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Title of each class
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Trading Symbol(s)
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Name of each exchange on which registered
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None
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N/A
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N/A
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Indicate
by check mark whether the registrant is an emerging growth company
as defined in in Rule 405 of the Securities Act of 1933
(§230.405 of this chapter) or Rule 12b-2 of the Securities
Exchange Act of 1934 (§240.12b -2 of this
chapter).
Emerging
growth company ☐
If an
emerging growth company, indicate by checkmark if the registrant
has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided
pursuant to Section 13(a) of the Exchange Act. ☐
Item 8.01 Other Events.
On
August 19, 2020, NaturalShrimp Incorporated (the
“Company”) issued a press release announcing that it
has filed its initial listing application with the NASDAQ to list
its common stock on the NASDAQ Capital Market. NASDAQ must approve
the Company’s application before the Company’s common
stock can be listed.
A copy
of that press release is attached as Exhibit 99.1 to this Current
Report on Form 8-K.
Forward-Looking Statements
This
document contains “forward-looking statements” that
involve substantial risks and uncertainties for purposes of the
safe harbor provided by the Private Securities Litigation Reform
Act of 1995. All statements, other than statements of historical
facts, included in this communication regarding strategy, future
operations, future financial position, prospects, plans and
objectives of management are forward-looking statements. In
addition, when or if used in this communication, the words
“will,” “may,” “would,”
“approximate,” “expect,”
“intend,” and similar expressions and their variants
may identify forward-looking statements. Examples of
forward-looking statements include, but are not limited to,
statements relating to the anticipated timing or results of the
Company’s planned rebuilding and expansion of its La Coste
plant and prospects for financing its business plan. Actual results
could differ materially from those contained in any forward-looking
statement as a result of various factors that could cause actual
events to differ from expectations, including the risk factors
included in the Company’s most recent Annual Report on Form
10-K and other periodic reports filed with the Securities and
Exchange Commission. Except as required by applicable law, the
Company undertakes no obligation to revise or update any
forward-looking statement, or to make any other forward-looking
statements, whether as a result of new information, future events
or otherwise.
Item 9.01. Financial Statements and Exhibits
The
exhibit listed in the following Exhibit Index is filed as part of
this Current Report on Form 8-K.
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Exhibit No.
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Description
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Press
Release
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2
SIGNATURE
Pursuant to the
requirements of the Securities Exchange Act of 1934, the Registrant
has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Dated:
August 20, 2020
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NATURALSHRIMP INCORPORATED
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By:
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/s/ Gerald
Easterling
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Name:
Gerald Easterling
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Title:
Chief Executive Officer
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Exhibit 99.1
NaturalShrimp Submits its Application to NASDAQ Capital
Market
Dallas,
Texas, Aug. 19, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE --
NaturalShrimp, Inc., (OTCQB:SHMP), an aquaculture Company which has
developed and patented the first commercially operational
Recirculating Aquaculture System (RAS) for shrimp, announced today
that it has filed its initial listing application with the NASDAQ,
an important first step in the Company’s plan to uplist its
common stock on the NASDAQ Capital Market.
“The
Company has been working tirelessly to complete all of the
necessary steps to successfully meet the requirements for listing
on the NASDAQ,” said William Delgado, CFO of NaturalShrimp.
“If approved, upon meeting all the listing criteria, we feel
this move will provide the Company the proper exposure to help
broaden our shareholder base and increase appeal to institutional
investors, ETFs and indexes. Through our potential purchase of Vero
Blue and F&T, we believe our business model design provides us
a path towards profitability,” added Mr.
Delgado.
Gerald
Easterling, CEO of NaturalShrimp, commented, “We believe
NaturalShrimp is at an inflection point where the Company can grow
exponentially. NaturalShrimp has been a pioneer and innovator in
the aquaculture industry for two decades, and uplisting to the
NASDAQ would help validate our continued drive to become a leader
within the aqua-tech space,” continued Mr.
Easterling.
NASDAQ
must approve NaturalShrimp’s application before the
Company’s common stock can be listed. While there are no
guarantees that the Company will be approved, NaturalShrimp is
continuing to make strides in meeting the listing criteria in the
near future.
ABOUT
NATURALSHRIMP: NaturalShrimp, Inc. is a publicly traded aqua-tech
Company, headquartered in Dallas, 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.
Forward
Looking Statements
This
press release contains "forward-looking statements." The statements
contained in this press release that are not purely historical are
forward-looking statements. Forward-looking statements give the
Company's current expectations or forecasts of future events. Such
statements are subject to risks and uncertainties that are often
difficult to predict and beyond the Company's control, and could
cause the Company's results to differ materially from those
described. In some cases forward-looking statements can be
identified by terminology such as "may," "should," "potential,"
"continue," "expects," "anticipates," "intends," "plans,"
"believes," "estimates," and similar expressions. These statements
include statements regarding moving forward with executing the
Company's global growth strategy. The statements are based upon
current beliefs, expectations and assumptions and are subject to a
number of risks and uncertainties, many of which are difficult to
predict. The Company is providing this information as of the date
of this press release and does not undertake any obligation to
update any forward looking statements contained in this press
release as a result of new information, future events or otherwise,
except as required by law. We have based these forward-looking
statements largely on our current expectations and projections
about future events and financial trends affecting the financial
condition of our business. Forward-looking statements should not be
read as a guarantee of future performance or results, and will not
necessarily be accurate indications of the times at, or by, which
such performance or results will be achieved. Important factors
that could cause such differences include, but are not limited to
the Risk Factors and other information set forth in the Company's
Annual Report on Form 10-Q filed on November 21, 2019, and in our
other filings with the U.S. Securities and Exchange
Commission.
Contact:
Richard Brown
nesscapconsult@gmail.com
(775)
443-4740