Business
NaturalShrimp Announces Agreement With A Fortune 500 Company And F&T Water Solutions
NaturalShrimp Announces Agreement With A Fortune 500 Company And F&T Water Solutions.
About this update from Naturalshrimp Incorporated
[{"type":"text","content":"\n\n\n\nNaturalShrimp Announces Agreement With A Fortune 500 Company And F&T Water Solutions\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nNaturalShrimp Announces Agreement With A Fortune 500 Company And F&T Water Solutions\nAgreement for Facility Development and Locally Grown Seafood Set for Roll-out Across the United States and Internationally\nPR Newswire\nLA COSTE, Texas, Sept. 19, 2016\n\n\n\nLA COSTE, Texas, Sept. 19, 2016 /PRNewswire/ -- NaturalShrimp Incorporated (OTCQB: SHMP) (the \"Company\"), a global eco-friendly producer of shrimp grown in technologically unique indoor saltwater facilities, has signed a landmark agreement with a Fortune 500 company and Largo, FL-based F&T Water Solutions, LLC (\"F&T) for advanced development of the Company's proprietary technology.\n\nUnder the agreement, signed September 4, 2016, the Fortune 500 Company will proceed immediately with a detailed engineering evaluation of the system located in La Coste, Texas, resulting in a replicable design that can be scaled to multiple locations according to a roll-out plan that will be announced during the early part of the first quarter of 2017.  A primary component in the system is being provided by F&T.  The audit will be finished within 45 days and will provide the blueprint for a pilot version of the system, which will begin construction in October.  When the pilot begins operation, expected within 6 months, the Company will build out full-sized, totally sustainable shrimp facilities in numerous locations across the United States and around the world.  The goal is to create facilities with \"zero footprint\" on the surrounding environments.\n\nNaturalShrimp President, Gerald Easterling, commented, \"Over the last decade and a half, we have evolved the only system that allows commercial quantities of pristine, healthy shrimp to be grown in saltwater facilities on land.  This agreement will enable us to move from early-stage operation to a full national and international roll-out of our technology for raising antibiotic-free aquatic s...