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PaulShark
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PaulShark's Blog : Umami Sustainable Seafood Inc. the new Seafood Industry is born for investors

Date December 21, 2010    Comments Comments (0)    Rate this post Recommend This Post (72)   
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Umami Sustainable Seafood Inc. (Umami) is engaged in the Northern and Pacific Bluefin Tuna industry. Umami has two subsidiaries, Bluefin Acquisition Group Inc. (Bluefin) and Kali Tuna d.o.o (Kali Tuna). Kali Tuna operates in the Republic of Croatia. The Company's core business activity is farming and selling Bluefin Tuna. The Company farms two different types of Bluefin Tuna: Mediterranean tuna and Adriatic tuna. The production is seasonal as tuna is caught mostly during May and June. Mediterranean tuna has an average farming period of six months and Adriatic tuna requires a farming period between 1.5 years and 3 years. Kali Tuna owns and operates facilities and equipment in Croatia where it farms Northern (Atlantic) Bluefin Tuna for sale into the sushi and sashimi market. On November 30, 2010, the Company consummated the acquisition of Baja Aqua Farms S.A. de C.V (Baja) located in Mexico. Umami is a subsidiary of Atlantis Group HF. (Hlutafelag or Hf means Iceland Offshore Company, similar to Public Limited Company PLC).
Full link: http://goo.gl/HsXlQ
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