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Re: LenaTrade post# 5644

Friday, 07/14/2017 7:17:37 PM

Friday, July 14, 2017 7:17:37 PM

Post# of 10950
LenaTrade Yes indeed, it is stickied. What is does not say is they paid originally. RIBT paid about $5,000,000 for H & N 4 years ago with $2,000,000 and about $3,000,000 worth of stock.The stock was between from 37,500,000 to 47,500,000 shares, then about .07 pre split, sells today for $18,300,000? Great deal!!!! H&N still makes RIBT's value added products. Most of RIBT's sales are in bulk with no value added. I got to read the filing when it comes out, could be some hidden costs.

The key from here is Irgovel. Either sales got to get back to the 2013/4 levels or sell it?

Below the filing from when they bought it>>>>>

https://www.sec.gov/Archives/edgar/data/1063537/000114036113036999/form8k.htm


This board has been quiet, might pick up if the stock keeps moving. $RIBT Twitter is quite active.

https://twitter.com/search?q=%24RIBT&src=typd

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