Gulf Marine Institute of Technology (GMIT)
FIRST MARINE SEA FARMING PROJECT 10 MILES OFF THE FLORABAMA STATE LINE TO GROW MARINE FINFISH AND SHRIMP IN 27.5 ACRES-FED ACOE/ EPA OK’d
- First USACOE/EPA Okd – huge sea farming project in the Gulf of Mexico
- 9% Debt convertable into stock in for-profit company – going public
- Free seafood for 36 months for donations of $1000 (plus freight)
On February 12th, 2016 NOAA published and approved the federal rules to establish commercial fish farming in the Gulf of Mexico. GMIT owns the only US Army Corps of Engineers and US Environmental Protection Agency permits to a 27.5 acre commercial sea farming site located 10 miles south of the Florida/Alabama state line.
After waiting over 10 years for this federal permitting to be resolved, GMIT intends to launch the first organic commercial fish farming operations for growing gulf finfish and shrimp.
Gulf Marine Institute of Technology (GMIT), as a 501 C-3 non-profit research institute is developing technology and commercial & humanitarian projects to establish low cost food production systems that may be transferable to other nations coastal zones to help supply part of the their large shortfall of edible protein. GMIT’s efforts harness aquaculture in a unique production program that tames fast-growing Gulf of Mexico finfish like “cobia” using a large decommissioned offshore oil platform complex as a research base for establishing sea-farming opera
Farming of Pacific and Atlantic salmon species is one of the best examples of commercialized mariculture technology. The salmon farming industry is currently worth $4 billion in annual sales. Thirty-five percent of the salmon consumed worldwide is produced through mariculture (FAO). The dominant producer of farm-reared salmon is Norway with 548,950,410 pounds in 1995. Advances in production technologies related to genetic improvements, feeds, aeration, sea cage systems, and new strategies to control disease have lead the Company to an opportunity to farm fast growing Gulf marine finfish like Cobia (Lemonfish, Ling) and Mahimahi. GMIT will expand the success of the mariculture industry into the United States Gulf of Mexico and worldwide.
Channel catfish is the dominant fresh water aquaculture species in the United States with 202.8 metric tons (447 million pounds) produced in 1995. Other important fish cultured in the U.S. include salmon, trout and tilapia. Commercial culture of fast growing Gulf species like Cobia (Lemonfish, Ling) and Mahimahi has yet to be developed in the Gulf mariculture industry.