- The company generated sales of just $16,640 in Q4 2021 and it still hasn’t uplisted to NASDAQ.
- NaturalShrimp also finished December with a working capital deficit of $16.3 million.
- The company has ambitious expansion plans for 2022, but it remains to be seen how it will finance them.
- I continue to think that the business of NaturalShrimp isn’t worth much in its current state and that this one is a sell.
- However, the short borrow fee rate is more than 40% and it could be prudent to wait for it to decline before short-selling.
For further details see:
Revisiting NaturalShrimp: Progress Is Slow And I Remain Bearish