The shareholders of Omni Shrimp, Inc., a Florida corporation, exchanged all of the outstanding shares of stock of OMNI for a newly created preferred stock of NaturalNano, resulting in OMNI becoming a wholly owned subsidiary of NaturalNano.(NNAN) The previous business and assets of NaturalNano was transferred and is no longer part of NaturalNano, Inc. Omni Shrimp is a provider of shrimp in the United States.