NaturalShrimp Inc 8-K, filed Feb 18, 2021
NaturalShrimp Inc (SHMP)
8-K
2021-02-18
For: 2021-02-17
View Original
Added on
July 28, 2026
About this 8-K
NaturalShrimp Inc filed this 8-K on February 18, 2021, reporting on events of February 17, 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): February 17, 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
February 17, 2021, NaturalShrimp Incorporated (the
“Company”) issued a press release announcing that it
has appointed Peter Najarian to its advisory board.
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 Appointment of Peter Najarian to the
Company’s Advisory Board
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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.
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NATURALSHRIMP INCORPORATED
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Dated:
February 18, 2021
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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, Inc.
Appoints Peter Najarian to its Advisory
Board
● Co-founder of Market
Rebellion
● Pete is a contributor to both
CNBC’s “Halftime Report”
https://www.cnbc.com/halftime/ and “Fast
Money” https://www.cnbc.com/fast-money/
Dallas,
Texas, February 17, 2021 (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 appointed Peter Najarian to its advisory
board.
“We
could not be more pleased to have Pete join our advisory board at
such a pivotal time in the company’s history,” said
Gerald Easterling, CEO of NaturalShrimp. “Pete is arguably
one of the most seasoned capital market and entrepreneurial thought
leaders in the country. As we continue preparing to launch both our
La Coste and NaturalShrimp Iowa locations, we look forward to
having access to Pete’s input on strategy. Furthermore, we
are in the process of appointing additional industry leaders to our
advisory board who will provide further valuable insights as we
exponentially grow our business,” added
Easterling.
“Having
Pete join our advisory board allows NaturalShrimp the opportunity
to utilize one of the most well-known and respected business
figures in finance,” said William Delgado, CFO of
NaturalShrimp. “We will look for Pete’s insights to
future macro-economic trends that may impact our business as we
begin our expansion in 2021. The company also looks forward to the
guidance Pete will provide as we aspire to become an important
fixture within the consumer staples segment of the market,”
added Delgado.
“I am excited to join NaturalShrimp as they continue to
successfully expand their presence within the seafood
industry,” said Pete Najarian. “I am confident that I
can provide NaturalShrimp with guidance that will further the
company’s objective to operate ecologically
controlled, fully contained independent production facilities for
the purpose of raising Pacific white shrimp,” added
Najarian.
Pete Najarian, the “Pit Boss,” was ranked one of the
top 100 traders by Trader Monthly magazine and in 2005 co-founded,
together with his brother Jon “DRJ” Najarian, the
options news and education firm optionMONSTER, and leading online
brokerage firm tradeMONSTER. Both were acquired in 2014 by private
equity firm General Atlantic Partners and they sold the firm to
E*Trade for $750 million in September of 2016. Following a football
career that included several seasons with the NFL’s Tampa Bay
Buccaneers and Minnesota Vikings, Pete took up options trading in
1992 joining his brother Jon at Mercury Trading, a market-making
firm at the Chicago Board Options Exchange (CBOE). Two years later,
he assumed responsibility for Mercury’s risk and arbitrage
and later led its entry onto the New York Stock Exchange (NYSE). He
also led Mercury’s joint venture with M.J. Meehan, the
third-largest specialist firm on the NYSE. From 2000 to 2004,
Najarian served as president of Mercury, and helped execute its
sale to Citadel, one of the world’s largest hedge funds.
Before starting optionMONSTER, he has been a founding member of One
Chicago, an electronic exchange committed to becoming the global
leader in futures on individual stocks, narrow-based indexes, and
ETFs. He is also the Co-Founder of Hedgehog stock, options, and
futures trading platform and together with brother Jon,
co-developed the Heat Seeker™ and complementary programs
identifying unusual buying activity in stocks, options, and
futures. The brothers also invest in and work with start-ups via
Rebellion Partners, a venture consulting firm they launched in
2015. Pete is one of the “Fast Money Five” on
CNBC’s “Fast Money” as well as a cast member of
CNBC’s “Halftime Report.” He also contributes to
CBOE-TV, the exchange’s popular webcast. Pete graduated from
the University of Minnesota with a degree in
physiology.
ABOUT NATURAL SHRIMP: NaturalShrimp, Inc. is a publicly
traded aquaculture 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
(978)-767-0048
SOURCE: Natural Shrimp