STOCK TITAN

Trans-American Aquaculture Announces Upcoming Shrimp Harvest and Increased Authorized Shares

Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Positive)
Tags
Rhea-AI Summary
Trans American Aquaculture announces shrimp harvest dates and increase in authorized shares
Positive
  • Trans American Aquaculture is pleased to confirm that their shrimp harvest is now underway and on track. They are committed to transparency and will share the exact harvest numbers with stakeholders and the public. The increase in authorized shares is aimed at financing future growth and expanding operations.
Negative
  • None.

ARROYO CITY, TX / ACCESSWIRE / October 25, 2023 / Trans American Aquaculture (OTC Pink:GRPS), a leading sustainable shrimp producer, is excited to announce our much-anticipated shrimp harvest dates and an important development regarding authorized shares.

Shrimp Harvest Dates:
We are pleased to confirm that our farm is operating as expected, and our shrimp harvest now underway. The harvest was scheduled to begin in late October, and we are right on track and gearing up for a successful season. Our meticulous approach to sustainable aquaculture practices, state-of-the-art technology, and stringent quality control measures ensure that our shrimp are of the highest quality, ready to meet the seafood demands of the market.

Release of Harvest Numbers:
In our commitment to transparency and accountability, we will be sharing the exact harvest numbers with our stakeholders and the public. The release of these figures is planned for the month following the completion of the harvest. We believe that sharing this information is crucial in demonstrating our dedication to ethical and responsible shrimp production as well as giving potential investors and clear way to value our potential growth strategy in the shrimp farming business.

Increase in Authorized Shares:
In preparation for potential financing to support our growth trajectory - the commissioning and intensification of more ponds, expansion of business lines and operational efficiencies, we have increased the number of authorized shares. It's important to note that this step is taken with a focus on the future. Any financing that may result from this increase will be directed toward expanding our operations, increasing our capacity, and meeting the growing demand for our premium shrimp products. This development should be of little concern to our long-term valued shareholders, as it is aligned with our mission of growth, sustainability, and providing exceptional value.

Trans American Aquaculture remains steadfast in our commitment to sustainable and responsible aquaculture practices, contributing to local economic growth, and meeting global seafood demands. Our upcoming shrimp harvest represents another significant milestone in our journey.

We look forward to sharing the harvest results and, most importantly, delivering high-quality shrimp to the market. We invite our stakeholders and supporters to follow our progress as we continue to grow and make a positive impact on the aquaculture industry.

For more information about Trans American Aquaculture and our mission, please visit our website at www.transamaqua.com

About Trans American Aquaculture:
Trans American Aquaculture (OTC:GRPS) is a leading producer of sustainable and high-quality shrimp. Located on a vast 1800+ acre farm in Texas, our company is dedicated to responsible aquaculture practices, transparency, and environmental stewardship. We are committed to meeting the world's seafood demands while upholding the highest standards of quality and integrity.

Media Contact:
Nicholas G Coriano
Trans American Aquaculture
cervitudenetwork@gmail.com
ph: 1-203-685-0346

This press release contains forward-looking statements that are subject to risks and uncertainties. Such statements are based on our current expectations and are subject to various factors that may cause actual results to differ materially. For additional information on these factors, please refer to our SEC filings.

SOURCE: Trans American Aquaculture, Inc.



View source version on accesswire.com:
https://www.accesswire.com/796073/trans-american-aquaculture-announces-upcoming-shrimp-harvest-and-increased-authorized-shares

FAQ

What is the latest announcement from Trans American Aquaculture?

Trans American Aquaculture has announced their shrimp harvest dates and an increase in authorized shares.

When is the shrimp harvest scheduled to begin?

The shrimp harvest was scheduled to begin in late October.

What is the purpose of increasing the authorized shares?

The increase in authorized shares is to support potential financing for expanding operations and meeting the growing demand for their shrimp products.

Will the exact harvest numbers be shared with the public?

Yes, Trans American Aquaculture plans to share the exact harvest numbers with stakeholders and the public.

What is Trans American Aquaculture's commitment in terms of sustainable practices?

Trans American Aquaculture remains committed to sustainable and responsible aquaculture practices.

Gold River Productions, Inc.

OTC:GRPS

GRPS Rankings

GRPS Latest News

GRPS Stock Data

5.28M
Drug Manufacturers - Specialty & Generic
Healthcare
Link
United States of America
Dallas