Wall Street Has a Big Appetite For Little Stocks In This $2 Trillion Industry…

Discover how the emerging sustainable food industry could create an unprecedented growth opportunity for Blue Star Foods Corp. (NASDAQ:BSFC)

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6 Reasons Why Blue Star Foods Corp. (BSFC) Could Witness Unstoppable Growth Within The Next 12-Months.

1

Extremely Low Float: Blue Star Foods Corp. (BSFC) has less than 10,000,000 shares available in its public float according to MarketWatch.com as of 10/28/22.  (2) Low float stocks have the potential to present significant swings to the upside as active market participants take notice and pile in.

2

Strong Insider Ownership: As of 10/28/22 insiders of Blue Star Foods Corp. (BSFC) own over 59% of the company’s shares according to Finviz.com. (6)

3

Upside Potential (1,109%): Shares of Blue Star Foods Corp. (BSFC) recently bounced off its 52-week low of $.6075 on 09/30/2022 and with a 52-week high of $7.35 set back on 10/29/2021 there could be over 1,109% in upside potential according to the historical pricing available at Barchart.com. (1) Although a 1,109% move back to the 52-week high is not expected to happen, but the potential needs to be noted.

4

Russell Microcap Index Inclusion: Blue Star Foods Corp. (BSFC) reached an important milestone recently when it was added into the Russell Microcap® Index. (4) FTSE Russell manages a range of U.S. stock market indexes that are among the most popular benchmarks for institutional and individual market participants. The Russell U.S. indexes are important stock market benchmarks, tracked by exchange-traded funds (ETFs) and other financial products representing about $12 trillion in assets. (5)

5

Russell Microcap Index Inclusion: Blue Star Foods Corp. (BSFC) reached an important milestone recently when it was added into the Russell Microcap® Index. (4) FTSE Russell manages a range of U.S. stock market indexes that are among the most popular benchmarks for institutional and individual market participants. The Russell U.S. indexes are important stock market benchmarks, tracked by exchange-traded funds (ETFs) and other financial products representing about $12 trillion in assets. (5)

6

The $2 Trillion Industry: Food trends come and go. But some food trends seem to be gaining more momentum than others. One of these is a sustainable food system. A recent study by the World Resources Institute predicts that in 2022, sustainable food will be a $2 trillion industry. This means that food trends in 10 years will be all about sustainability. More people than ever before are looking for ways to live a healthier and sustainable lifestyle. (7)

Blue Star Foods Corp. (BSFC)'s

Blue Star Foods Corp. (BSFC)'s Low Float Cannot Be Ignored…

What Are Low Float Stocks?

Low float stocks

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Low float stocks refer to the securities that remain after a company’s stock has been issued to its controlling investors — meaning there are relatively few shares for the public to buy. (9)

Market participants typically consider a float of 10-to-20 million shares as a low float. Some larger corporations have very high floats in the billions. (9)

Companies with a low float frequently have a large portion of their equity held by controlling investors such as directors and employees, which leaves only a tiny percentage of the stock available for public trading. (9)

That limited supply can cause dramatic price swings if demand changes quickly. (9)

Because low float stocks have fewer shares available, market participants may have difficulty finding shares available. (9)

Low float stocks have the potential to present intraday and short term significant swings as active market participants take notice and pile in. (9)

One company that has an extremely low float is Blue Star Foods Corp. (BSFC). (2)Blue Star Foods Corp. (BSFC) has less than 10,000,000 shares available in its public float according to MarketWatch.com (2)

Blue Star Foods Corp. (BSFC)'s

Strong Insider Ownership at Blue Star Foods Corp. (BSFC)

Big Oppotrunity

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Insider buying can be a key indicator of a manager’s confidence in the company’s future. It can also mean that managers buying company stock think the shares are undervalued. Either way, insider buying can be a great source of stock ideas for active market participants. (11) 

Key executives, board members, or other managers with inside knowledge of the company sometimes buy or sell company stock. Since those employees have information about the company that the general public does not, insider trading is highly regulated. (11) 

Due to the regulations, key employees must file documents with the Securities Exchange Commission (SEC) when they buy or sell the stock of the company for which they work. Keep in mind, though, that filings do not require buyers or sellers to say why they traded the stock. (11) 

For instance, a key employee may sell company stock for personal reasons that have nothing to do with the stock. On the other hand, it may also mean that the employee thinks the stock may be in trouble. So, retail individuals should do their homework before becoming an active market participant in any company. (11) 

If you’re new to insider buying stocks, a quick internet search will give you plenty of websites that track insider buying and selling. 

One company that has a relatively strong insider ownership is Blue Star Foods Corp. (BSFC). (6)

According to FinViz.com, as of 10/28/22 insiders of Blue Star Foods Corp. (BSFC) own over 59% of the company’s shares. (6) 

Blue Star Foods Corp. (BSFC)'s

Does Blue Star Foods Corp. (BSFC) Have 1,109% in Upside Potential?

What Is Upside?

Upside

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Upside refers to the potential increase in value, measured in monetary or percentage terms. Analysts commonly use either technical analysis or fundamental analysis techniques to predict the future price of an asset allocation or particularly of stock prices. A higher upside means that the stock has more potential value than is currently reflected in the stock price. (13)

Understanding Upside

Upside refers to the predicted appreciation in the value of an asset and is the opposite of the downside. Arguably, the concept of upside is the motivating factor for an individual to take action. The magnitude of the upside move will depend primarily on the risk associated with that asset. (13)

Typically, market participants with a high tolerance for risk will choose asset ideas with huge upside potential, while those that are risk-averse will opt for assets that have limited upside, but will be more apt to preserve their initial value. (13)

Fundamental analysis evaluates the upside price of a stock by considering the ability of the firm to generate sales and earnings and to make effective decisions about company assets. Companies that manage their costs well and increase their profit margins have a higher upside. Businesses can increase sales by moving into new markets or by adding a product line. Money managers that use fundamental analysis also consider how effectively a business uses assets to generate sales and profits. (13)

Technical analysis is a method that considers the historic patterns in the price of a stock and in the trading volume of a security. Technical analysts believe that price movements are trends, and these managers use charts to determine the upside in a stock’s price. (13)

Blue Star Foods Corp. (BSFC)'s

Does Blue Star Foods Corp. (BSFC) have 1,109% Bounce Potential?

BSFC Bounce Potential

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Could Blue Star Foods Corp. (BSFC) climb as much as 1,109% back to its 52-week high of $7.35 after bouncing off of its 52-week low of $.6075 made on 09/30/2022 according to Barchart.com’s pricing history? (15) An impressive 1,109% from (BSFC) move back to its 52-week high (15) is not expected to happen, but the potential needs to be noted.

StockCharts.com is reporting that Blue Star Foods Corp. (BSFC)’s moving averages are as follows: (14)

14-Day Exponential Moving Average is $1.03(14) (first line of resistance)
21-Day Moving Average is $1.14 (14)
50-Day Moving Average is $1.65 (14)

MarketWatch.com is reporting that as of 10/28/22, Blue Star Foods Corp. (BSFC) currently in the $.86 – $.96 intraday range(2) which is very close to its 14-day Exponential Moving Average of $1.03. (14) If shares of (BSFC) were able to climb back from its 52-week low of $.6075 to its 50-day moving average of $1.65, that would indicate an approximate 171% move. A move back to its 50-day moving average price is not expected to happen, but the potential needs to be noted.

If shares of Blue Star Foods Corp. (BSFC) are able to cross through its 14-day Exponential Moving Average, 21-day Moving Average, and 50-Day Moving Average, there is no telling what could happen to its share price.

Blue Star Foods Corp. (BSFC)'s

Massive Potential Growth Curve for Nano-cap Stocks

A nano-cap company is one of the smallest companies in the market. (16)

Blue Star Foods Corp. (BSFC)  currently has a market cap of less than $24 million as of 10/28/22 according to MarketWatch.com. (3) Companies this size are known as Nano-cap stocks.

Nano-caps have a market capitalization of less than $50 million. With a tiny nano cap company, you could potentially witness a massive growth curve. (16)

According to a study from Tradesmith.com, nano-cap stocks outperformed all other market capitalizations during a specific period in 2021 according to this report. (17)

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Nano-cap companies tend to be much more flexible than their larger counterparts. When you are small, you can adapt to the changing conditions in the market much more quickly than a larger company. (16)

In addition to this, smaller companies tend to rely on innovation and new ideas in order to stay in business. They will often be able to get things to the market quicker than a large company. (16)

A larger company will require a new idea to go through several different decision-makers and committees before the result of it can hit the market. (16)

Blue Star Foods Corp. (BSFC) is a nano-cap company that currently has a market cap of less than $24 million with 1,109% in upside potential to its 52-week high. That move isn’t expected, but the potential needs to be noted.

Blue Star Foods Corp. (BSFC)'s

Blue Star Foods Corp. (BSFC) Announces Inclusion in Russell Microcap® Index

Blue Star Foods Corp. (BSFC) recently announced that it will be included in the Russell Microcap® Index as part of the 2022 Russell indexes reconstitution. (4)

Membership, which remains in place for one year, in the Russell Microcap® Index means automatic inclusion in the appropriate growth and value style indexes. FTSE Russell determines membership for its Russell indexes primarily by objective market-capitalization rankings and style attributes. (4)

“Our inclusion to the Russell Microcap Index is an important milestone for the Company,” said John Keeler, Chairman and CEO of Blue Star Foods. (4)

Keeler added, “we are still early in the process of getting investor awareness to what we are doing, building a sustainable marine protein company that is the first multi-species RAS companies in the marketplace. We believe that being added to this index is another step towards building more visibility in the investor community.” (4)

FTSE Russell index expertise and products are used extensively by institutional and retail individuals globally. (4)

As of June 2022, approximately $16 trillion is currently benchmarked to FTSE Russell indexes. (4)

The Russell Microcap Growth Index measures the performance of the microcap growth segment of the U.S. equity market. It includes Russell Microcap companies that are considered more growth oriented relative to the overall market as defined by Russell’s leading style methodology. Similarly, the Russell Microcap Value Index includes Russell Microcap companies that are considered more value-oriented. (18)

Blue Star Foods Corp. (BSFC)'s

Sustainable Food Systems Could Save The Planet.

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Food trends come and go. But some food trends seem to be gaining more momentum than others. One of these is a sustainable food system. A recent study by the World Resources Institute predicts that in 2022, sustainable food will be a $2 trillion industry. This means that food trends in 10 years will be all about sustainability. More people than ever before are looking for ways to live a healthier and sustainable lifestyle. (7)

What we eat has changed the planet. Food production is not only the greatest driver of wildlife loss, but a major contributor to climate change. The current global food system is responsible for about 70% of the world’s freshwater withdrawals and contributes to around 19-29% of total greenhouse gas (GHG) emissions. (19)

As countries around the world work towards achieving their Sustainable Development Goals, many are recognizing the key role of food systems. They are not only critical in ensuring food security and improved nutrition, but are important in achieving social, economic and environmental goals as well. And for food systems to become more sustainable, well-functioning market dynamics and linkages in the food supply chain are required for food to move safely and cheaply from farm to fork. (19)

Blue Star Foods Corp. (BSFC)'s

Blue Star Foods Corp. (BSFC) is an Integrated Environmental, Social and Governance (ESG) Sustainable Seafood Company (22)

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Blue Star Foods Corp. (BSFC) an integrated Environmental, Social, and Governance (ESG) sustainable seafood company with a focus on Recirculatory Aquaculture Systems (RAS) that processes, packages and sells high-value seafood products. (22)
Blue Star Eco Fresh
The Company believes it utilizes best-in-class technology, in both resource sustainability management and traceability, and ecological packaging. The Company also owns and operates the oldest continuously operating Recirculating Aquaculture System (RAS) full grow-out salmon farm in North America. (22)

Blue Star Foods Achieves Significant RAS Division Milestones

Blue Star Foods Corp. (BSFC) recently announced that its wholly-owned RAS subsidiary, Taste of BC Aquafarms, Inc., (“Taste of BC”), has successfully achieved recent developments and released key operating performance metrics for the first half of 2022. (24)

Recent Developments and Near-Term Milestones. 24

Possible Introduction of New Pacific Salmon Species (24)

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In Q2-2022, Taste of BC hatched its first batch of Chinook Salmon. To date, the fish are performing well in growth trials with good FCR, growth and very low mortality. The Company intends to raise them to an average size of 3kg as it evaluates the potential of future species diversification within the Pacific Salmon family. (24)

Update on Fingerling Contract

In Q2-2022, Taste of BC hatched its first batch of Chinook Salmon. To date, the fish are performing well in growth trials with good FCR, growth and very low mortality. The Company intends to raise them to an average size of 3kg as it evaluates the potential of future species diversification within the Pacific Salmon family. (24)

Completion of Hatchery

Blue Star Foods Corp Hatchery
The Company intends to complete the construction of its new, state of the art hatchery in Q3-2022. This project is allowing it to evaluate the performance of the next generation designs planned for its large-scale expansion before they are finalized. 24

Taste of BC Operating Performance Metrics for First Half of 2022. 24

Average Fish Harvest Weight

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Over the 6 months, ending June 30, 2021, the average fish harvest weight has been 1.94Kg. The company targets a minimum of weight of 2kg for its Steelhead Salmon product. (24)

Average Harvest Downgrade Percentage

Over the 6 months, ending June 30, 2021, the total harvest downgrade percentage was 1.3%. This metric measures the number of fish at harvest that we did not bring to market at full price in the last stage of the lifecycle. (24)

Average Feed Conversion Ratio

Over the 6 months, ending June 30, 2021, we have achieved a feed conversion ratio (FCR) of 1.18KG Feed/Kg, versus the industry standard for open net FCR of 1.2 KG feed/kg. (24)

Certain industry statistics including Open net Atlantic salmon average harvest weight and industry standard for open net FCR were obtained from the Mowi Handbook (2019). (24)

Ben Atkinson, the President of Taste of BC added, “The first six months of 2022 have been focused on increasing standing biomass within our pilot facility as we continue to limit test system capabilities. At the end of Q2-2022, we finished with a standing biomass of 40MT in our facility, which was originally designed for 27MT, without compromising water conditions or fish performance. We are extremely pleased with the capabilities of our pilot system which provides a solid foundation upon which we are designing our forthcoming expansion.” (24)

About Taste of BC Aquafarms Inc.
Taste of BC Aquafarms Inc. is a family operated company located in Nanaimo, British Columbia, Canada. Incorporated in 2010, the company operates the oldest continuously operating Recirculating Aquaculture System (RAS) full grow-out salmon farm in North America. As pioneers in the RAS industry, Taste of BC has proven their technology. Their “Little Cedar Falls” brand Steelhead Salmon has been on the market since 2013, and now is known as a premium land grown, sustainable Salmon. (24)

Little Cedar Falls

Company Strategy & Mission Statement

Blue Star Foods Corp. (BSFC)’s long-term strategy to create a vertically integrated seafood company that offers customers high quality products while maintaining a focus on our core values of delivering food safety, traceability and certified resource sustainability.

Blue Star Foods Corp. (BSFC) is growing the Company organically by continuing to grow our customer base and introducing new high-value seafood categories, as well as strategically acquiring companies that focus on additional species and proprietary technologies that it believes it can integrate into a larger, diversified company.

Company Financials

2021 Revenue of $10M
1st Half 2022 Revenue of $8M

Headquarters

Miami, FL | 23 Employees

Operations

Coastal Pride
South Carolina,
United States
Soft Shell Crab RAS

Taste of BC Aquafarms

Vancouver Island, Canada | Salmon RAS

Blue Star Foods Corp. (BSFC) Highlights

Blue Star Foods Corp. (BSFC)

World Class Management Team with a Fortune 500 Pedigree

John Keeler

Chairman & CEO

JC Dalto

Member

Nubar Herian

Member

Sylvia Alana

CFO

Tim McLellan

Member

Trond Ringstad

Member

Wall Street Has a Big Appetite For Little Stocks In This $2 Trillion Industry…

Discover how the emerging sustainable food industry could create an unprecedented growth opportunity for Blue Star Foods Corp. (BSFC)

6 Reasons Why Blue Star Foods Corp. (BSFC) Could Witness Unstoppable Growth Within The Next 12-Months.

1

Extremely Low Float: Blue Star Foods Corp. (BSFC) has less than 10,000,000 shares available in its public float according to MarketWatch.com as of 10/28/22.  (2) Low float stocks have the potential to present significant swings to the upside as active market participants take notice and pile in.

2

Strong Insider Ownership: As of 10/28/22 insiders of Blue Star Foods Corp. (BSFC) own over 59% of the company’s shares according to Finviz.com. (6)

3

Upside Potential (1,109%): Shares of Blue Star Foods Corp. (BSFC) recently bounced off its 52-week low of $.6075 on 09/30/2022 and with a 52-week high of $7.35 set back on 10/29/2021 there could be over 1,109% in upside potential according to the historical pricing available at Barchart.com. (1) Although a 1,109% move back to the 52-week high is not expected to happen, but the potential needs to be noted.

4

Russell Microcap Index Inclusion: Blue Star Foods Corp. (BSFC) reached an important milestone recently when it was added into the Russell Microcap® Index. (4) FTSE Russell manages a range of U.S. stock market indexes that are among the most popular benchmarks for institutional and individual market participants. The Russell U.S. indexes are important stock market benchmarks, tracked by exchange-traded funds (ETFs) and other financial products representing about $12 trillion in assets. (5)

5

Russell Microcap Index Inclusion: Blue Star Foods Corp. (BSFC) reached an important milestone recently when it was added into the Russell Microcap® Index. (4) FTSE Russell manages a range of U.S. stock market indexes that are among the most popular benchmarks for institutional and individual market participants. The Russell U.S. indexes are important stock market benchmarks, tracked by exchange-traded funds (ETFs) and other financial products representing about $12 trillion in assets. (5)

6

The $2 Trillion Industry: Food trends come and go. But some food trends seem to be gaining more momentum than others. One of these is a sustainable food system. A recent study by the World Resources Institute predicts that in 2022, sustainable food will be a $2 trillion industry. This means that food trends in 10 years will be all about sustainability. More people than ever before are looking for ways to live a healthier and sustainable lifestyle. (7)

Source 1: https://www.barchart.com/stocks/quotes/BSFC/price-history/historical
Source 2: https://www.marketwatch.com/investing/stock/bsfc?mod=search_symbol
Source 3: https://www.finweb.com/investing/4-reasons-to-invest-in-a-nano-cap.html
Source 4: https://finance.yahoo.com/news/blue-star-foods-announces-inclusion-123000922.html
Source 5: https://www.forbes.com/advisor/investing/russell-index-rebalancing/
Source 6: https://finviz.com/quote.ashx?t=BSFC&p=d
Source 7: https://www.acterra.org/blog/2022/1/28/sustainable-food-trends-for-2022
Source 8: https://investmentu.com/wp-content/uploads/2021/07/Low-Float-Stocks.jpg
Source 9: https://www.sofi.com/learn/content/understanding-low-float-stocks/
Source 10: https://investmentu.com/wp-content/uploads/2022/05/insiders-buying-stocks.jpg
Source 11: https://investmentu.com/insiders-buying-stocks-what-to-know/
Source 12: https://www.investmentexecutive.com/wp-content/uploads/sites/3/2021/12/SB47-Feature-Image-cropped.png
Source 13: https://www.investopedia.com/terms/u/upside.asp
Source 14: https://schrts.co/tKNHBGvt
Source 15: https://www.barchart.com/stocks/quotes/BSFC/price-history/historical
Source 16: https://www.finweb.com/investing/4-reasons-to-invest-in-a-nano-cap.html
Source 17: https://tradesmith.com/educational/this-market-cap-strategy-is-crushing-the-nasdaq/
Source 18: https://www.investopedia.com/terms/r/russell-microcap-index.asp
Source 19: https://enterprise.press/stories/2021/06/28/sustainable-food-systems-could-save-the-planet-46140/
Source 20: https://www.innovationnewsnetwork.com/innovation-in-recirculating-aquaculture-systems-and-water-quality-management-systems/8393/
Source 21: https://bluestarfoods.com/wp-content/uploads/2021/09/gal9.png
Source 22: https://finance.yahoo.com/news/blue-star-foods-participate-upcoming-123000121.html
Source 23: https://cdn.perishablenews.com/2019/12/sea1.jpg
Source 24: https://www.globenewswire.com/en/news-release/2022/07/27/2486870/0/en/Blue-Star-Foods-Achieves-Significant-RAS-Division-Milestones.html
Source 25: https://www.facebook.com/photo/?fbid=461431382650739&set=pb.100063516425766.-2207520000.
Source 26: https://bluestarfoods.com/little-cedar-falls/