# NaturalShrimp Inc > Clarifo company profile — qualitative business description generated from > the company's filings. Financial statements, charts and ratios are > available on Clarifo (https://www.clarifo.com/fi/companies/NaturalShrimp Inc). ## Overview NaturalShrimp Inc. is a Nevada corporation built around proprietary aquaculture technology designed to grow shrimp in controlled water systems, with roots in the acquisition of NaturalShrimp Holdings in 2015. Its business has historically combined shrimp farming, shrimp commercialization, and related intellectual property, while its current corporate direction also encompasses aquaculture and water-treatment technologies. ## Products & services • Controlled-environment shrimp aquaculture technology • Farmed shrimp production and commercialization • Water-treatment and water-quality technologies • Aquaculture intellectual property and licensing • Aquaculture management and transition services - **Shrimp aquaculture systems** (45%) — Technology and infrastructure for growing shrimp in controlled water environments. - **Shrimp production** (25%) — Cultivation and potential sale of shrimp produced through company-developed systems. - **Water-treatment technology** (20%) — Water treatment and quality-control technologies supporting aquaculture and other applications. - **Intellectual property and licensing** (10%) — Patents, license agreements, and related rights connected with aquaculture technologies. - Controlled-environment shrimp aquaculture technology - Farmed shrimp production and commercialization - Water-treatment and water-quality technologies - Aquaculture intellectual property and licensing - Aquaculture management and transition services ## Customers The company’s historical commercial customers were expected to include seafood distributors, food-service operators, retailers, and other buyers of farmed shrimp. Technology-oriented customers and partners may include aquaculture operators, water-treatment users, and licensees seeking controlled production systems or water-quality solutions. The available report does not disclose named customers, customer concentration, or revenue by customer type. - **Seafood distributors** (primary) — Potential buyers of farmed shrimp for wholesale distribution and downstream food markets. - **Retail and food service** (primary) — Potential end-market buyers seeking domestic or controlled-environment shrimp supply. - **Aquaculture operators** (secondary) — Potential users or licensees of controlled shrimp-production systems and operating know-how. - **Water-treatment customers** (emerging) — Potential commercial users of water-quality and treatment technologies developed for aquaculture applications. - Seafood distributors purchase shrimp for wholesale channels - Retailers and food-service operators buy farmed shrimp for end consumers - Aquaculture operators may license systems or technology - Water-treatment users may adopt the company’s treatment technologies - Technology partners may support commercialization and deployment ## Geography NaturalShrimp is incorporated in Nevada and developed its business as a U.S.-based shrimp-farming technology company with ambitions for global commercialization. The available report does not provide country-level revenue, operating-site revenue, or regional revenue percentages. Geographic exposure therefore relates primarily to U.S. corporate, financing, legal, and technology-commercialization activities rather than a disclosed international revenue base. - Nevada-incorporated U.S. company - Historical business focused on controlled shrimp farming - Intended model could support domestic or international aquaculture sites - No country-level revenue percentages are disclosed - Utah receivership proceedings affected corporate assets ## Strategy The company’s strategic direction is centered on commercializing aquaculture and water-treatment technologies under its March 2026 Intellectual Property and Management Transition Agreement with Hydrenesis and David Antelo. This direction follows the transfer of substantially all historical operating assets, patents, and license agreements to lenders in May 2025, making technology commercialization and corporate transition central to any future business model. - **Commercialize aquaculture and water-treatment technologies** (medium-term) — Technology commercialization is the stated basis for the company’s post-transition direction. - **Complete governance and management transition** (short-term) — Operational control transferred under the Intellectual Property and Management Transition Agreement. - **Rebuild an operating business around intellectual property** (medium-term) — Historical fixed assets and intellectual property were transferred in the lender asset sale. - Transition toward aquaculture technology commercialization - Develop water-treatment applications beyond shrimp farming - Use transferred or controlled intellectual property as the core asset base - Establish operating governance under the transition agreement - Seek commercial partners or licensees for technology deployment ## Risks NaturalShrimp faces unusually high execution and continuity risk because a receiver sold substantially all operating assets to lenders, the company ceased business operations as of the May 2025 transfer, and its shares trade only on the OTC Expert Market. Future value depends on successfully commercializing technologies, clarifying control and asset rights, and securing customers or partners in aquaculture and water treatment. Industry risks include biological production failures, disease, water-quality problems, regulatory requirements, capital intensity, and competition from established aquaculture and treatment providers. - **Loss of operating assets** [critical] — Substantially all fixed assets, patents, and license agreements were transferred to lenders in May 2025. - **Business continuity and execution** [critical] — The company ceased business operations after the asset transfer and must establish a viable post-transition model. - **Receivership and legal claims** [high] — Lenders obtained court-appointed receivership after alleged defaults under loan agreements. - **Aquaculture production risk** [high] — Shrimp production can be disrupted by disease, mortality, water-quality failures, and system outages. - **Commercialization and funding risk** [high] — Technology deployment requires customers, partners, regulatory approvals, and capital. - **Trading and investor-access risk** [high] — The stock is eligible only for unsolicited broker quotations on the OTC Expert Market. - Historical operations ceased after the May 2025 asset transfer - Technology ownership and licensing rights may constrain commercialization - Receivership and lender claims created substantial legal uncertainty - Shrimp farming faces disease, mortality, and water-quality risks - Aquaculture commercialization requires significant capital and partners - OTC Expert Market trading limits liquidity and investor access ## Accounting NaturalShrimp prepares its financial statements using the liquidation basis of accounting under ASC 205-30 because liquidation was considered imminent. This basis requires assets to be measured at estimated liquidation proceeds, liabilities and liquidation costs to be recognized based on expected settlement, and previously unrecognized items to be recorded when relevant. The May 2025 asset transfer extinguished approximately $36 million of lender debt and caused the derecognition of related fixed and intangible assets, materially changing reported net assets and operating comparability. - **Liquidation basis of accounting** — Reported balances emphasize estimated liquidation proceeds and settlement obligations rather than continuing operations. - **Asset derecognition** — The transaction removed significant operating assets and intangible assets from the balance sheet. - **Debt extinguishment** — Approximately $36 million of lender liabilities were extinguished, affecting net assets and period results. - **Estimates of liquidation proceeds and costs** — Changes in valuation assumptions can materially affect reported net assets and results. - Liquidation basis replaces normal going-concern measurement - Assets are measured at estimated disposal or settlement proceeds - Expected liquidation costs and income require estimation - Debt extinguishment was recorded when lender assets transferred - Fixed assets and intangibles were derecognized after the sale - Limited operations reduce comparability with historical periods --- *Last updated: 2026-09-08T05:51:40.413941+00:00*