Company: GRPS
Filing Date: 2025-07-17
Form Type: 10-K
Source: 0001683168-25-005173
Chunk: 5

Company: Trans American Aquaculture, Inc
Filing Date: 2025-07-17
Form: 10-K
Item: Item 1
Chunk 5
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 growth
rates and tolerance for colder temperature water is superior to the current competitors in the U.S.

Our Products

We produce premium quality, sustainably raised, farmed
shrimp for sale to markets, distributors, and restaurants. Our main product is Pacific White Leg Shrimp Head-on and Headless/Shell-on,
which is favored by high-end markets, ethnic stores, and businesses in addition to American, Mexican, European, and Asian customers. Vannamei
(species of shrimp we develop) is the most widely farm raised shrimp in the world, accounting for 80% of all farm raised shrimp in the
world.3

We aim to produce, market, and sell Pacific White
Leg farm-raised shrimp for sale to markets, businesses, and restaurants. We also sell broodstock for sale to foreign producers of shrimp.

Head-on and Headless/Shell-on shrimp are the most
common forms of shrimp sold throughout the world. The typical size is 18 grams, which translates to 31/35 count. This count means that
there are 31-35 individual shrimp per pound. We focus on producing shrimp that are more than 28 grams, resulting in a 21/25 count. Our
reason for focusing on this size is the lack of supply in the market and the premium selling price due to the scarcity. Many global producers
are reluctant to sell shrimp at this size due to the complexity of the grow out once the shrimp reach a certain size. This is where we
believe our competitive advantage comes in with our experience in growing “jumbo” shrimp.

Broodstock are a group of mature shrimps that are
used for breeding purposes. These are essentially the “alphas” of the group having grown to the largest sizes, resisted various
strains of potential diseases, and adverse climate conditions. The males and females are then bred to produce larvae that are genetically
superior than previous lines. The process continues over and over until a superior genetic line is achieved. The product cycle for post-larvae
(PL) is 21 days, so new PLs can be sold every 21 days. The entire five-month process (as shown in the diagram below) is as follows:

    ·
    Spawning to the hatching tanks – two days;

    ·
    Larvae rearing tanks – one month; and

    ·
    Grow out process – four months. 

This
translates into us being able to produce two meaningful large harvest