The NaturalShrimp founder also said his company is in the process of closing an acquisition deal in Iowa. NaturalShrimp Signs Letter of Intent to Acquire Assets of Alder Aqua, LLC f/k/a VeroBlue Farms. In August this year, NaturalShrimp signed a letter of intent (LOI) to purchase for $10 million certain assets of the VeroBlue Farms. Find & Track Bankruptcy Opportunities. NaturalShrimp, Inc. VeroBlue Farms Due Diligence Update Dallas, Texas, Sept. 09, 2020 (GLOBE NEWSWIRE) - via NEWMEDIAWIRE - NaturalShrimp, Inc. (OTCQB: … In 2014, a pair of Canadian investors named Keith Driver and Leslie Wulf acquired it, changing the name to VeroBlue Farms. 08-11 globenewswire.com - Dallas, Texas, Aug. 11, 2020 (GLOBE NEWSWIRE) - via NEWMEDIAWIRE - NaturalShrimp, Inc., (OTCQB:SHMP), an aquaculture Company which has developed and patented the first commercially operational Recirculating Aquaculture System (RAS) for shrimp, announced today that it … Whether you are an mergers acquisitions professional looking for discounted investment opportunities, or a business looking for strategic acquisition opportunities, BusinessBankruptcies.com is the best way to find and track chapter 7 and 11 bankruptcies. VeroBlue civil suit won’t get to trial until 2020 December 31, 2018 - Local News VeroBlue Farms will get its day in court with former executives no sooner than June 2020. With the Nelsons still in charge of the day-to-day operations, VeroBlue aims to become North America's biggest land-based fish farm and the largest domestic producer of barramundi, raising as much as 10 million pounds every year—more than twice as much as anyone else. Business bankruptcies provide an opportunity for acquiring distressed assets at a discount.