Land-based shrimp farmer NaturalShrimp, Inc. said Thursday it plans to file a second registration statement under the company’s Equity Financing Agreement to raise additional funds through its $7 million (€6.1 million) Equity Financing Agreement with GSH Investments (GSH) to continue expanding its business operations and for general working capital purposes.

The move gives the company complete discretion to sell GHS stock over the next three years totaling up to $7 million.

NaturalShrimp stock is publicly traded over the counter (OTC) and the company is headquartered in Dallas, Texas, with production facilities located near San Antonio.