This company looks very good to me.They were in the shrimp farming busisness with a stock price of over $5.00 before Brex crashed everyone. They shut down operations and are now just starting back up now.Stock is a steel at 30 cents. THEY HAVE A SIGNED CONTRACT WITH MAPLELEAF FOODS TO BUY UP TO A ESTIMATED $42 MILLION DOLLARS WORTH OF SHRIMP PER YEAR.The company is on the ASE.They have 54 , 1/2 ha ponds now and are now seeding them. First harvest should be in Feb/99. After all ponds are back on line, then more ponds are planned and a large processing plant hopefully sometime in the spring.The operation is all computerised now.HOPE in a year, GOOD THINGS TO COME
I hope my information is all correct, please do your own research,I am not recomending anyone to buy any stock in any company. |
