NaturalShrimp Inc 8-K, filed Mar 11, 2021
NaturalShrimp Inc (SHMP)
8-K
2021-03-11
For: 2021-03-11
View Original
Added on
July 28, 2026
About this 8-K
NaturalShrimp Inc filed this 8-K on March 11, 2021.
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): March 11, 2021
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
March 11, 2021, NaturalShrimp Incorporated (the
“Company”) issued a press release announcing the
Company’s meeting with state and local officials regarding
the opening of the Company’s processing plant in Webster
City, in addition to further information regarding its shelf
registration statement under Form S-3.
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 commercialization of its La Coste and
VeroBlue plants. 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 Announcing the Preview of Plant Operations in
Iowa
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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:
March 11, 2021
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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 To Preview Plant Operations in Iowa
-Company
to meet with State and Local Officials on Opening Processing Plant
in Webster City Facility
-Additional Information on Shelf Registration
Dallas, Texas, March 11, 2021 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE
-- NaturalShrimp, Inc., an aquaculture Company, which has developed
and patented the first commercially operational Recirculating
Aquaculture System (RAS) for shrimp, announced today
that it is scheduled to preview the
Webster City, IA plant with local officials and Debi Durham,
Director of the Iowa Economic Development Authority. An invitation
has also been extended to Governor Kim Reynolds. Topics and preview
will include the planned stocking of the hatchery shrimp on March
23, 2021 and the development of a seafood processing center at the
plant.
Gerald Easterling, CEO of NaturalShrimp added, “NaturalShrimp
has been working with local elected officials and have had
operations underway for approximately 45 days. We are very excited
to preview the hatchery tanks and the installation of our EC and
Hydrensis equipment. We also look forward to discussing with the
elected officials and Director plans to open a seafood processing
plant. It is expected that this processing plant will generate
significant value-added revenue and create approximately 50 new
jobs.”
William Delgado, CFO of Natural Shrimp added “We are pleased
that our initial investment in the Alder Aqua facility is going
well. We continue on our timetable to deliver fresh shrimp to the
upper Midwest region. In addition, our recent S-3 filing will be
instrumental in paying off our remaining debt and preferred shares.
This financing will also include a $10,000,000 expansion at the
Texas facility, effectively tripling the size. This equity
financing, which is referenced by our June 17, 2020 8K, will allow
us additional capital to make future acquisitions as they become
available.”
ABOUT NATURAL SHRIMP:
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 February 16, 2021, and in our other filings with the
U.S. Securities and Exchange Commission.
Contact:
Richard Brown
508-462-9638
SOURCE: Natural
Shrimp