CreditRiskMonitor is a financial risk analysis and news service for credit, supply chain and financial professionals.  Our strength in coverage spans 58,000 global public companies, totaling about $70 trillion in corporate revenue.  We also offer solutions that can help ease private company financial risk assessment.  Leading corporations around the world – including more than 35% of the Fortune 1000, plus thousands more worldwide – rely on us to help them stay ahead of financial risk quickly, accurately and cost-effectively. 

A partial report preview for NaturalShrimp Inc is shown below.  Where indicated by "Yes," CreditRiskMonitor contains this information in its extensive database.  To get access to the full report and learn more about CreditRiskMonitor's robust financial risk analysis and timely news service, request a personalized demo and free trial today.

If you are already a subscriber and want to access the full report, click here.

NaturalShrimp Inc
13601 PRESTON RD., E1092
Phone: (702) 350-8132p:702 350-8132 DALLAS, TX  75240  United States Ticker: SHMPSHMP
Placed under Receivership on 9/9/2024
On 9/9/2024, NaturalShrimp Incorporated was placed under Receivership by the District Court of Salt Lake County, Utah pursuant to a Motion filed against the Company by Streeterville Capital, LLC and Bucktown Capital, LLC. (Civil Case No. 240907138)
The Court duly appointed Amplio Turnaround and Restructuring, LLC as the Receiver.
Business Summary
NaturalShrimp Incorporated is a biotechnology aquaculture company. The Company has developed a commercially viable system for growing shrimp in enclosed salt-water systems using patented technology to produce shrimp, without the use of antibiotics or toxic chemicals. The Company owns and operates indoor recirculating Pacific White shrimp production facilities in Texas and Iowa using its technologies. The Company is selling live shrimp to grocery stores outlets in Chicago and to stores and restaurants in Texas. Its technologies include fresh shrimp technology and fresh seafood technology. With its proprietary patented production method, it can produce gourmet grade shrimp in a high-density environment on a commercial level anywhere in the world. Vibrio Suppression Technology, its primary solution against infectious agents, utilizes electrocoagulation to kill potential pathogens and harmful bacteria such aa vibrio. Its technology platforms combine electrocoagulation and Hydrogas.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
-Yes-Yes---

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
6/30/20243/31/2024YesYes---

Industries
SIC Code Description
0273 Animal aquaculture
0900 Fishing, hunting, and trapping

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Chairman of the Board, President, Chief Executive Officer, Co-Founder GeraldEasterling 75 8/31/2019 1/1/2015
Co-Founder, Chief Operating Officer, Chief Technology Officer, Company Secretary, Director ThomasUntermeyer 64 1/1/2021 1/1/2019
Chief Financial Officer, Treasurer, Director William J.Delgado 62 5/19/2014 5/19/2014
General Counsel, Secretary William S.Walker 1/1/2022 1/1/2022

Subsidiaries
Business Name Address City State/Province Country
Hydrenesis, Inc. 3350 NW 22nd Terrace Pompano Beach Florida United States
NaturalShrimp USA Corporation 401 Des Moines Street Webster City IA United States

Business Names
Business Name
F&T Water Solutions, LLC
Hydrenesis Aquaculture, LLC
MYDR
8 additional Business Names available in full report.

General Information
Number of Employees: 19 (As of 7/11/2024)
Outstanding Shares: 1,236,270,085 (As of 8/14/2024)
Shareholders: 522
Stock Exchange: OTC
Federal Tax Id: 743262176
Fax Number: (608) 827-5501


Copyright © 2024 CreditRiskMonitor.com (Ticker: CRMZ). All rights reserved.     
By using this website, you accept the Terms of Use Agreement.
Sunday, December 1, 2024