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Rice Bran Technologies needs a new old name?
RIBT now sell rice bran, but also rice, oates and barley. It use to be Nutra Cea, symbol NTRZ. They still have a copyright name some of their products.
https://www.google.com/search?q=nutracea&rlz=1C1CHBF_enUS778US778&sxsrf=ALiCzsZXtuWm2ywjeR-FuOaHKlZ9MaLxDw:1653059196270&tbm=isch&source=iu&ictx=1&vet=1&fir=LEwXIoZqwhd-EM%252CzbHhDRHAmaSl2M%252C_%253BEPkPIf1hlnV1zM%252C7995Loyygaya7M%252C_%253BZB6DTXeMe_zqIM%252C41xdZf9yObR5_M%252C_%253BDWhGsFZwGWMFyM%252C344ClncvOrmRjM%252C_%253BPUGO16sWBW4c7M%252CEcmR3L5BTaxy-M%252C_%253BlqpGPVuxm4wRqM%252CqcKsNP3jMrzLqM%252C_%253B9zeEIDlbERFaXM%252CtO5TpbVg-ImroM%252C_%253B99TohsBpqXp3QM%252CD7Im2Iu8-9BYBM%252C_%253B3SbjWiXKBMMedM%252C5MkAGRlU2VUl0M%252C_%253BFIlKJJIuC5HGEM%252CkkIqqSW8v4Aj1M%252C_&usg=AI4_-kQyuSmZaXZMLP28qTVhYkj9poV6fQ&sa=X&ved=2ahUKEwiAtL6xre73AhWQFc0KHZY_CugQ9QF6BAgqEAE&cshid=1653059219599667#imgrc=LEwXIoZqwhd-EM
$RIBT Top 3 agriculture stocks for the week of May 20th
RIBT one of them
https://equity.guru/2022/05/20/top-3-agriculture-stocks-for-the-week-of-may-20th/
RIBT's MGI Grain area has had too much rain and cold, but now perfect weather for planting, should be all in a week from now, I guess. Looks super in the face of Europes drought.
https://www.wunderground.com/calendar/us/nd/grand-forks/KGFK
https://droughtmonitor.unl.edu/Maps/CompareTwoWeeks.aspx
Europe>>>
https://www.reuters.com/business/environment/french-cereal-crops-suffer-hot-spell-worsens-drought-2022-05-20/
Looks like the Golden Cross by early next week?
https://stockcharts.com/h-sc/ui?s=RIBT&p=D&yr=0&mn=3&dy=0&id=p72896644604
I think RIBT was a benefactor of the weak market. Not many stocks looking good right now.
I am not bullish or bearish on RIBT. I just don't know.
The market? Still a falling knife and a recession looks more likely. You are smart to be cautionious
DeChambeau, these body building athletes seem to cause problems when they over do it. "The thigh bones is connected to the hip bone", etc. Making one muscle too srong might make hand muscles or joints get damaged?
JT and Spieth seem do do fine without over doing body building?
RiceBran Technologies Expands MGI Grain to Meet Increasing Demand
Company Plans to Double Mill Capacity, With Minimal Increase in Labor and a Minimal Capital Investment to Expand Capability to Deliver Domestically Sourced Ingredients
https://finance.yahoo.com/news/ricebran-technologies-expands-mgi-grain-120000332.html
TOMBALL, TX / ACCESSWIRE / May 18, 2022 / RiceBran Technologies (NASDAQ:RIBT) (the "Company") a global leader in the development and manufacture of nutritional and functional ingredients derived from rice and other small and ancient grains for human food, nutraceutical, pet care and equine feed applications, today announced the initiation of a significant capacity expansion of the Company's MGI Grain Incorporated ("MGI") facility in East Grand Forks, Minnesota. The expansion is expected to double the capacity of the pearling mill, enabling RiceBran to meet growing demand for North American-sourced, grain-based ingredients and with a minimal capital investment and a limited increase in labor.
The project will replace one of the mill's main grain de-hullers with a new de-huller/pearler; more than doubling the plant's production capacity. In addition to the new huller, MGI will support increased throughput and quality with the addition of a color sorter, as well as enhancements to the mill's grain receiving, cleaning and conveyance systems. The project, which is being executed by a trusted contractor and RiceBran's own internal engineering team, is deployed in a manner that minimizes disruption to the mill's daily operations. The investments, which totaled less than half-a-million dollars, are expected to be completed in mid-summer 2022.
"These upgrades will allow RiceBran to finally leverage MGI's true potential expanding volume and process flexibility while enhancing product quality," said MGI business lead Kevin Pray. "This will allow us to double the capacity of the pearling mill within the same building footprint, giving us the ability to meet increasing customer demands while navigating a tight labor market, with only a modest capital investment."
"The demand for regionally-sourced ingredients and agricultural products is soaring given the uncertainty of the geopolitical environment and challenges in the global supply chain, and we are able to respond," said RiceBran Chairman Peter Bradley. "Not only does MGI provide RiceBran with strategic options in the long-term as a source of new feedstocks for our high value ingredient business, this small investment in significant incremental capacity provides us with a unique opportunity to capitalize on the current macro-environment."
They really had a nice PR today and Q1 was very close to break even cash flow with a 22% revenue increase. A couple more PR's in the next 4 weeks could be fun too?
https://finance.yahoo.com/news/ricebran-technologies-expands-mgi-grain-120000332.html
They don't show it since we are on alert to get it over a dollar by early August or lose it's listing
Scheffler--Matsuyama- Hovland- Schauffele-Young
268
Alternate - Rory
Ever seen so many "Obvious" picks that will tank when you pick them?
Thanks for the work Eli's
$RIBT Penny Stocks To Buy Now? 6 To Watch Under $1 This Week
https://marketwirenews.com/news-releases/penny-stocks-to-buy-now-6-to-watch-under-1-this-week-5602968044386119.html?t=28692
1. RiceBran Technologies (NASDAQ: RIBT)
A recent fan-favorite of retail traders, RiceBran Technologies, is gaining attention amid the global food shortage. Thanks to sanctions on Russian exports, for instance, gain prices have skyrocketed. Meanwhile, another major exporter of wheat, India has decided to restrict wheat exports amid a severe heatwave. This has helped spark momentum and growing interest in food and agriculture stocks.
RiceBran develops nutritional and functional ingredients made from rice and other grains for use in human food, pet food, and even equine feed applications. While the latest trend has been steadily bullish, this week saw a much more significant spike in RIBT stock. This was thanks to news that the company began a capacity expansion of its MGI Grain Incorporated facility.
This expansion is anticipated to boost capacity by double of the pearling mill. RiceBran said this would allow it to meet the growing demand for North American-sourced, grain-based ingredients. “The demand for regionally-sourced ingredients and agricultural products is soaring given the uncertainty of the geopolitical environment and challenges in the global supply chain, and we are able to respond,” said RiceBran Chairman Peter Bradley. With this as the case, agriculture and food stocks like RIBT could be the ones to watch right now.
2. Acasti Pharma Inc. (NASDAQ: ACST)
Despite a pullback in the broader biotech niche, some small- and micro-cap biotech stocks remain immune to this bearish trend. Acasti Pharma is one of these penny stocks to watch , and recently published a new update that has sparked interest in the stock.
Acasti announced the top-line results of its pharmacokinetic bridging study with its IV GTX-104. The study’s primary objective was to evaluate the relative bioavailability of IV GTX-104 compared to oral nimodipine. The secondary aim of the study was to assess safety and tolerability. GTX-104 is the company’s candidate for treating Subarachnoid Hemorrhage. The treatment met all of its planned study endpoints.
Acasti said it now plans on submitting the results to the FDA in addition to a proposed design for a Phase 3 safety study. This is on track to begin later this year. What’s important about the safety study is that it’s anticipated to be the last step necessary to seek regulatory approval before submitting a New Drug Application to the FDA. With a conference call planned for 1 PM ET, ACST stock could be on the radar heading into the May 18th session.
3. Guardforce AI Co., Limited (NASDAQ: GFAI)
Tech stocks haven’t necessarily weathered the stock market crash and other stocks. The tech-heavy NASDAQ has become one of the main laggards this year. This hasn’t pushed traders away from day trading tech penny stocks. Guardforce AI is one of the companies that have gained popularity over the last few days.
In Guardforce’s case, it has grown in appeal thanks to continued virus concerns. While it has established a reputation for AI-based security solutions, recently, its disinfectant platform has been the highlight. To this end, Guardforce made a significant announcement this week. The company reported the expansion of its robotic disinfection services. This was in response to the latest virus outbreak in China.
Terence Yap, Chairman of Guardforce AI, also explained, “We continue to evolve our robotic ecosystem with a goal of providing our clients a one-stop-shop solution. Based on a recent report from ResearchAndMarkets.com, the global disinfection robot market is expected to grow at a CAGR of 30.1% from 2021 to 2028 and will reach $2.79 billion by 2028. Through our robots-as-as-service (RaaS) model, bundled with disinfectant supplies, we can provide our customers with a truly hassle-free and cost-effective solution. Following our pilot program in Shenzhen, we plan to promote this robotic disinfection solution in other regions across China and around the world.”
Chicago - "Questions 67 & 68"
https://www.youtube.com/watch?v=whMZ0Th9-4M&ab_channel=fultonlewis
Chicago - "Questions 67 & 68"
https://www.youtube.com/watch?v=whMZ0Th9-4M&ab_channel=fultonlewis
I never knew Willie Nelson was ever young
https://www.youtube.com/watch?v=W1bXdXWEKaE&t=134s&ab_channel=KevinAllen
I never knew Willie Nelson was ever young
https://www.youtube.com/watch?v=W1bXdXWEKaE&t=134s&ab_channel=KevinAllen
I'm guessing Continental is done selling, probably the last of it today. It would have been crazy putiing out any PR's during the Continental Grain selling. Those news letter dudes see the rising sales and almost Cash flow even Q1. A little growth news and away we go. Looks like a bit of Friday profit taking now, probably besdin?
Beyond Meat sticking to its strategy despite continuing losses
2021 sales $465 million losses $182 million.
Q1 2022 Sales $110 million loses $101 million
Stick to their strategy, what could go wrong?
OMG OMG OMG
https://www.foodbusinessnews.net/articles/21343-beyond-meat-sticking-to-its-strategy-despite-continuing-losses
EL SEGUNDO, CALIF. – Beyond Meat, Inc. recorded a loss of $182 million during fiscal 2021, ended Dec. 31, on sales of $465 million. The string of significant losses continued into fiscal 2022, with the meat alternative maker announcing a loss of $101 million during the first quarter ended April 2 on sales of $110 million.
Compared to a year ago, the quarterly results are much worse. Beyond Meat recorded a loss of $27 million on sales of $108 million.
Despite the continuing negative results, Ethan Brown, president and chief executive officer, offered a defense of Beyond Meat’s go-to-market strategy during a May 11 conference call with securities analysts to discuss the quarterly results.
“Do investors want us to run the business at a smaller level and focus on maximizing margins, let’s say, on our retail burger, or do we continue to make decisions that are going to create the longest-term value for the investor and a decision like this (the introduction of plant-based jerky) is going to do that,” he said. “Simultaneously, we’re getting ready for launches for strategics in other parts of the world. There’s just a lot going on.
“And maybe there are some people that that’s not the right approach. But that’s the approach we’re taking that will create the longest-term value and it’s very consistent with the goal that we set out to do when we went public, and we’ll continue to do that.”
Beyond Meat’s stock price closed on May 11 at $26.17 per share. The first-quarter results were issued after the market closed and began trading at $21.03 on May 12. Compared to May 12, 2021, Beyond Meat’s stock price has fallen 80%.
Items contributing to the quarterly loss included the introduction of plant-based jerky in partnership with PepsiCo, Inc., Purchase, NY, price reductions to keep pace with competitor pricing, and supply chain issues.
Beyond Meat introduced three plant-based jerky stock-keeping units during the quarter and Mr. Brown called initial results a resounding success. But the launch was costly, because a higher cost manufacturing network was used to produce the product.
“We're now transitioning production into higher efficiency operations and have a clear line of sight to greatly improve unit economics in the second half of this year,” he said. “While we do not take lightly the short-term margin impact of these longer-term investments, we are confident that through these actions, we are positioning the company well to capture robust future growth.”
As the number of competitors in the meat alternative category has risen price has become a point of differentiation.
“What’s happening in the (meat alternative) sector overall in grocery is you see all these new entrants coming in, and many of them are using price as a way to try to capture early market share,” Mr. Brown said. “While the animal protein industry has been able to substantially increase pricing to essentially offset significant reductions in volume, in our sector, we have not had the opportunity to do that.
“It's an environment where there's a lot of, I think, unsustainable pricing behaviors going on that we’re weathering and we’ll weather fine. We’re still the No. 1 brand in the retail category. Our velocity turns at 2.5x roughly the category average. It’s the highest of all 25 plant-based meat brands that are covered. And, so, we feel really good about the fact that we’ve been able to just withstand this.”
During the quarter, Beyond Meat’s cost of goods sold increased $1.15 per lb year-over-year, said Philip E. Hardin, chief financial officer and treasurer.
“We estimate jerky accounted for approximately 68¢, with the remainder being driven primarily by increased manufacturing costs, including depreciation and higher transportation and warehousing costs, partially offset by improved material cost and reduced inventory reserves and write-offs relative to the year ago period,” he said.
For fiscal 2022, management is guiding that sales will be in a range between $560 million and $620 million.
“In Q2 2022, we expect a similar sequential uptick in net revenues to what we experienced last year, followed by accelerated year-over-year growth in the second half of the year, driven by recent distribution gains, acceleration in international markets as a result of price resets and broader availability of extended shelf-life products in the EU, anticipated new product launches and expected QSR launches and trials both in the US and abroad,” Mr. Hardin said.
Beyond Meat sticking to its strategy despite continuing losses
2021 sales $465 million losses $182 million.
Q1 2022 Sales $110 million loses $101 million
Stick to their strategy, what could go wrong?
OMG OMG OMG
https://www.foodbusinessnews.net/articles/21343-beyond-meat-sticking-to-its-strategy-despite-continuing-losses
EL SEGUNDO, CALIF. – Beyond Meat, Inc. recorded a loss of $182 million during fiscal 2021, ended Dec. 31, on sales of $465 million. The string of significant losses continued into fiscal 2022, with the meat alternative maker announcing a loss of $101 million during the first quarter ended April 2 on sales of $110 million.
Compared to a year ago, the quarterly results are much worse. Beyond Meat recorded a loss of $27 million on sales of $108 million.
Despite the continuing negative results, Ethan Brown, president and chief executive officer, offered a defense of Beyond Meat’s go-to-market strategy during a May 11 conference call with securities analysts to discuss the quarterly results.
“Do investors want us to run the business at a smaller level and focus on maximizing margins, let’s say, on our retail burger, or do we continue to make decisions that are going to create the longest-term value for the investor and a decision like this (the introduction of plant-based jerky) is going to do that,” he said. “Simultaneously, we’re getting ready for launches for strategics in other parts of the world. There’s just a lot going on.
“And maybe there are some people that that’s not the right approach. But that’s the approach we’re taking that will create the longest-term value and it’s very consistent with the goal that we set out to do when we went public, and we’ll continue to do that.”
Beyond Meat’s stock price closed on May 11 at $26.17 per share. The first-quarter results were issued after the market closed and began trading at $21.03 on May 12. Compared to May 12, 2021, Beyond Meat’s stock price has fallen 80%.
Items contributing to the quarterly loss included the introduction of plant-based jerky in partnership with PepsiCo, Inc., Purchase, NY, price reductions to keep pace with competitor pricing, and supply chain issues.
Beyond Meat introduced three plant-based jerky stock-keeping units during the quarter and Mr. Brown called initial results a resounding success. But the launch was costly, because a higher cost manufacturing network was used to produce the product.
“We're now transitioning production into higher efficiency operations and have a clear line of sight to greatly improve unit economics in the second half of this year,” he said. “While we do not take lightly the short-term margin impact of these longer-term investments, we are confident that through these actions, we are positioning the company well to capture robust future growth.”
As the number of competitors in the meat alternative category has risen price has become a point of differentiation.
“What’s happening in the (meat alternative) sector overall in grocery is you see all these new entrants coming in, and many of them are using price as a way to try to capture early market share,” Mr. Brown said. “While the animal protein industry has been able to substantially increase pricing to essentially offset significant reductions in volume, in our sector, we have not had the opportunity to do that.
“It's an environment where there's a lot of, I think, unsustainable pricing behaviors going on that we’re weathering and we’ll weather fine. We’re still the No. 1 brand in the retail category. Our velocity turns at 2.5x roughly the category average. It’s the highest of all 25 plant-based meat brands that are covered. And, so, we feel really good about the fact that we’ve been able to just withstand this.”
During the quarter, Beyond Meat’s cost of goods sold increased $1.15 per lb year-over-year, said Philip E. Hardin, chief financial officer and treasurer.
“We estimate jerky accounted for approximately 68¢, with the remainder being driven primarily by increased manufacturing costs, including depreciation and higher transportation and warehousing costs, partially offset by improved material cost and reduced inventory reserves and write-offs relative to the year ago period,” he said.
For fiscal 2022, management is guiding that sales will be in a range between $560 million and $620 million.
“In Q2 2022, we expect a similar sequential uptick in net revenues to what we experienced last year, followed by accelerated year-over-year growth in the second half of the year, driven by recent distribution gains, acceleration in international markets as a result of price resets and broader availability of extended shelf-life products in the EU, anticipated new product launches and expected QSR launches and trials both in the US and abroad,” Mr. Hardin said.
RIBT would not be here now if not for Continental. They first bought shares off the shelf at $1.07 in 2017, then many other fund raises, yes some in the $3, but some near or below $1,00. I am guessing their average is about $1.50, so taking a big loss. But they had huge gains, guessing with about 66% profit for their 3+ years at Bunge, just left them too, Fribourgh is the CG CEO, got very richer>>>
https://www.secform4.com/insider-trading/1144519.htm
It might be well they never helped RIBT get into pant based meat and the Bradley's focus more to value added ingredidents might be the place. PLANT BASED HAS PEAKED. Look at one of the first, BYND, their IPO first shares sold at .44>>>
https://stockcharts.com/h-sc/ui?s=BYND&p=D&yr=4&mn=0&dy=0&id=p66875168616
Beyond Meat shares drop as jerky costs drive $100.5M loss
Published May 12, 2022
https://www.fooddive.com/news/beyond-meat-earnings-jerky-100m-loss/623635/?utm_source=Sailthru&utm_medium=email&utm_campaign=Issue:%202022-05-12%20Food%20Dive%20Newsletter%20%5Bissue:41713%5D&utm_term=Food%20Dive
It is not RIBT Continental is fleeing, they are changing their focus, Bunge is proof. And we'd have been Chapter 10 or 11 in 2018 0r 19 without them. THANK YOU CONTINENTAL GRAIN. best of luck in the future.
Golden Cross, you just here at about the right time, maybe a Golden Cross in next week? Welcome!!!!!
https://stockcharts.com/h-sc/ui?s=RIBT&p=D&yr=0&mn=6&dy=0&id=p14788818693
Beyond Meat shares drop as jerky costs drive $100.5M loss
Published May 12, 2022
https://www.fooddive.com/news/beyond-meat-earnings-jerky-100m-loss/623635/?utm_source=Sailthru&utm_medium=email&utm_campaign=Issue:%202022-05-12%20Food%20Dive%20Newsletter%20%5Bissue:41713%5D&utm_term=Food%20Dive
Dive Brief:
Beyond Meat reported another slow quarter, with net revenues of $109.5 million — an increase of 1.2% over the same time last year — and a net loss of $100.5 million, or $1.58 a share. Adjusted earnings before interest, taxes, debt and amortization was a loss of $78.9 million.
After the plant-based meat company issued its quarterly report as markets closed on Wednesday, its stock price dropped more than 21% in after-hours trading. Beyond Meat’s share price was lower than its $25 initial public offering in 2019, but it quickly rebounded to a high of $29.10 once trading opened on Thursday morning.
Plant-based meat sales, once red-hot, have slowed considerably in recent months. Analysts have said this is caused by many factors, including consumer confusion by the large number of plant-based offerings, poor experiences with products and higher prices at the store.
I had not looked at the chart recently, ouch. The IPO was priced at $25, and I believe it opened for $44. Still, the market is growing, but competition is growing faster, IMO
https://www.bloomberg.com/news/articles/2022-05-11/beyond-meat-falls-below-2019-ipo-price-as-revenue-falls-short
https://stockcharts.com/h-sc/ui?s=BYND&p=D&yr=4&mn=0&dy=0&id=p35210888499
$RIBT It did close above the 200 day MA today, and busted through the Ichimoku Cloud. Golden Cross soon?
https://stockcharts.com/h-sc/ui?s=RIBT&p=D&yr=0&mn=7&dy=0&id=p82123533716
$RIBT It did close above the 200 day MA today, and busted through the Ichimoku Cloud. Golden Cross soon?
https://stockcharts.com/h-sc/ui?s=RIBT&p=D&yr=0&mn=7&dy=0&id=p82123533716
Massive volume the last hour.
https://finance.yahoo.com/quote/RIBT?p=RIBT
$RIBT- Barley story LinkIn This ties into the post I am replying too. Link back to a Henk Hoogankamp Barley info in his new book.
EverGrain Ingredients’ Post, probably a competitor to RIBT, but shows the interest in Barley and Barley protein. In the Q1 CC, it was mentioned that much needed improvements were about done at MGI, let's hope. RIBT has never mentioned Barley Protein. At any rate Barley is a strengthening product. The Henk PDF is mentioned.
https://www.linkedin.com/posts/evergrain-ingredients_thebarleyproteinbrewingstory-henkhoogenkamppdf-activity-6929613880537083904-heyC
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=168740681
$RIBT- Barley story LinkIn This ties into the post I am replying too. Link back to a henk Hoogankamp Barley info in his new book.
EverGrain Ingredients’ Post, probably a competitor to RIBT, but shows the interest in Barley and Barley protein. In the Q1 CC, it was mentioned that much needed improvements were about done at MGI, let's hope. RIBT has never mentioned Barley Protein. At any rate Barley is a strengthening product. The Henk PDF is mentioned.
https://www.linkedin.com/posts/evergrain-ingredients_thebarleyproteinbrewingstory-henkhoogenkamppdf-activity-6929613880537083904-heyC
Traders see up trending channels form and buy at the bottom and sell at the top of channels, let it settle and buy again. Who do you think is involved in super stocks, you and me?
https://stockcharts.com/h-sc/ui?s=NTZ&p=D&yr=2&mn=7&dy=0&id=p27777984812
ingredient stock>>
https://stockcharts.com/h-sc/ui?s=ALTO&p=D&yr=2&mn=7&dy=0&id=p93405020158
https://stockcharts.com/h-sc/ui?s=ALTO&p=D&yr=2&mn=7&dy=0&id=p93405020158
https://stockcharts.com/h-sc/ui?s=ALTO&p=D&yr=2&mn=7&dy=0&id=p93405020158
https://stockcharts.com/h-sc/ui?s=GME&p=D&yr=2&mn=7&dy=0&id=p93484517088
The Stock Trader Who Has Clocked A No Loss Trading History Till Date Is Perry Matlock Aka PJ Matlock
This is the new trader, hope he stays hot>>>
https://tribuneonlineng.com/the-stock-trader-who-has-clocked-a-no-loss-trading-history-till-date-is-perry-matlock-aka-pj-matlock/
$RIBT , bigger Twitter guy just recommended RIBT.
Rippy has 75,000 followers the new guy, " PJ_Matlock" has 337,000 followers. I can guess his followers are why the stcok is going up
First tweet 10:45 E
"Took a starter in this $RIBT too. Will load from here to 40c. No reason to market buy a bunch. We can just add here and there"
2nd tweet
11:28E
$RIBT don’t market buy like that. Let’s just add here and there. Let shorts get comfortable.
https://twitter.com/search?q=%24RIBT&src=recent_search_click&f=live
What started out as 5/1 sell volume over buy, is now 2/1 buy over sell with 750,000 volume in 1 1/2 hours.
Another attack on our food system>>>
Top Tractor Maker Warns Ransomware Attack Has “Adversely Affected” Production
https://www.naturalblaze.com/2022/05/top-tractor-maker-warns-ransomware-attack-has-adversely-affected-production.html
One of the world’s top manufacturers and distributors of agricultural equipment announced Thursday that a ransomware attack impacted operations.
Duluth, Georgia-based AGCO Corp. released a statement that some of its manufacturing plants have slowed production for several days because of a ransomware attack.
“AGCO is still investigating the extent of the attack, but it is anticipated that its business operations will be adversely affected for several days and potentially longer to fully resume all services depending upon how quickly the Company is able to repair its systems,” AGCO’s statement read.
AGCO has an extensive portfolio of machines and equipment manufacturers for farming. Some brands include Massey Ferguson, Valtra, Challenger, and Fendt. Its brands are sold around the world.
The company added this cautionary statement:
Our expectations with regard to resolving the issues are forward-looking statements, and actual results could be materially different due to a number of factors, including our ability to successfully reinstall software and restore IT operations at the effected sites.
The ransomware attack comes only a few weeks after the FBI’s Cyber Division warned about increased cyber-attack threats on agricultural companies and comes after a curious string of fires and explosions that damaged major US food processing plants.
Another attack on our food system>>>
Top Tractor Maker Warns Ransomware Attack Has “Adversely Affected” Production
https://www.naturalblaze.com/2022/05/top-tractor-maker-warns-ransomware-attack-has-adversely-affected-production.html
One of the world’s top manufacturers and distributors of agricultural equipment announced Thursday that a ransomware attack impacted operations.
Duluth, Georgia-based AGCO Corp. released a statement that some of its manufacturing plants have slowed production for several days because of a ransomware attack.
“AGCO is still investigating the extent of the attack, but it is anticipated that its business operations will be adversely affected for several days and potentially longer to fully resume all services depending upon how quickly the Company is able to repair its systems,” AGCO’s statement read.
AGCO has an extensive portfolio of machines and equipment manufacturers for farming. Some brands include Massey Ferguson, Valtra, Challenger, and Fendt. Its brands are sold around the world.
The company added this cautionary statement:
Our expectations with regard to resolving the issues are forward-looking statements, and actual results could be materially different due to a number of factors, including our ability to successfully reinstall software and restore IT operations at the effected sites.
The ransomware attack comes only a few weeks after the FBI’s Cyber Division warned about increased cyber-attack threats on agricultural companies and comes after a curious string of fires and explosions that damaged major US food processing plants.
That diamnond makes more sense than some of the watches for sale now. Heck, with a cell phone who needs a $200,000 watch.
The world gone mad?
https://www.hublot.com/en-us/find-your-hublot?gclid=Cj0KCQjw1N2TBhCOARIsAGVHQc7K3VNfRsme9OGZqnMNFc8-hJoYKTZtetvZKddbqUcVYyEm5MBa6JgaAmLSEALw_wcB
babyf stock has built a nice base>>>
https://schrts.co/SIwBsaJI
SOCIALISM IS SLAVERY
4 year old article, more pertinement today?
Black Lives matter must love slavery?
https://victimsofcommunism.org/socialism-slavery/
One year ago today, an activist named Daniel Llorente interrupted the Workers’ Day march in Havana, Cuba. Wearing the Cuban flag T-shirt, Daniel unfurled an American flag over his head and ran in front of the procession replete with photos of Fidel Castro. He was tackled by undercover agents of the state.
The Cuban regime tries to take credit for the improvement of their people’s lives. It staked its legitimacy on the supposed emancipation and well-being of the working class. But the Cuban regime showed its colors by silencing Llorente and thousands of Cuban dissidents. Socialist regimes denigrate the very workers they claim to represent.
When the International Socialist Conference declared May 1 International Worker’s Day in 1898, it advocated for child labor laws, improvements in pay and safety regulations, and for the rights of workers to form independent organizations to advocate on their behalf. But by embracing Karl Marx’s theories of human nature and violent action, the early Socialists undermined their own aspirations.
Far from ushering in a more equitable society, socialist movements that subscribed to Marxist ideology engendered a new form of slavery in the modern world. In the USSR, unenthusiastic work was considered a treasonous offense, “counter-revolutionary sabotage” that resulted in prison or death. Whenever a factory or harvest underperformed arbitrary regime quotas, the laborers were blamed for sabotaging the revolution. When the 1932 Ukrainian harvest underperformed after Stalin collectivized farms, he blamed the farmers and workers and forced them to starve en masse. Millions perished.
Marxist ideology is still being used to hold more than a billion people captive around the globe. China, where Xi Jinping just proclaimed the Communist Manifesto’s continued relevance, continues to use a system of Laogai, or forced labor camps, and dictates where the working class can live and work based on a “social credit” system. Venezuela’s socialist regime seized the means of production. Venezuela’s military runs the grocery stores while Nicolas Maduro denies humanitarian food aid to his political opponents. The average Venezuelan has lost more than 20 pounds in the last year.
Millennial Americans who rightly take offense at the greed and inhumanity sometimes exhibited by global corporations must remember that workers’ rights have not improved thanks to international socialism. Workers are only truly empowered in a free society because employers and employees are able to negotiate with each other equally under the law. In a socialist system where the regime owns the means of production, the owner, manager, employer party apparatchik is the law. Workers who would demand better treatment face repression, imprisonment, or worse.
Although Cuba has ratified all of the international labor conventions against forced, demeaning, and dangerous labor conditions, “it willfully fails to comply with them,” writes the AFL-CIO. The Cuban regime recently banned all independent labor unions.
The superiority of independent labor over Communism was known to the shipyard workers of Gdansk, Poland when they founded the Solidarity trade union. With the support of the United States, Solidarity helped bring down Communism in Eastern Europe.
If May 1 really is about workers, then don’t celebrate socialism. Celebrate free enterprise that allows workers to thrive. Let’s celebrate a free society in which individuals are able to pursue their dreams, provide for their families, and bargain collectively.
For dissidents like Daniel Llorente who want freedom and prosperity, the American flag symbolizes hope. America manifests the noblest Western traditions of free and honest enterprise. On this May 1, Americans would do well to remember that Socialism is not the best hope of workers, it is their ultimate enslavement.
Report: Phil Mickelson recorded $40 million in gambling losses over four years.
https://sports.yahoo.com/phil-mickelson-gambling-losses-saudi-arabia-000228275.html
Phil Mickelson's love of gambling is one of his defining characteristics. Now, a new book is reporting just how much that love cost him between 2010 and 2014: $40 million.
An excerpt of the book "Phil: The Rip-Roaring (and Unauthorized!) Biography of Golf’s Most Colorful Superstar," due to be published May 17, breaks down in thorough, agonizing detail just how much money Mickelson lost over that period.
Mickelson's losses were recorded in documents compiled by government auditors doing a forensic analysis of his finances in connection with an insider trading case. Billy Walters, a professional gambler, was accused of insider trading; Mickelson, an associate of Walters', was not charged, but paid back roughly $1 million in gains earned via Walters' tips. Walters, for his part, was sentenced to five years in prison and fined $10 million.
Shipnuck attempted some broad-strokes calculations of how $40 million in losses could have affected Mickelson.
“In those prime earning years, his income was estimated to be just north of $40 million a year,” Shipnuck writes. “That’s an obscene amount of money, but once he paid his taxes (including the California tariffs he publicly railed against), he was left with, what, low-20s? Then he had to cover his plane and mansion(s), plus his agent, caddie, pilots, chef, personal trainer, swing coaches and sundry others.
“Throw in all the other expenses of a big life — like an actual T. Rex skull for a birthday present — and that leaves, what, $10 million? Per the government audit, that’s roughly how much Mickelson averaged in annual gambling losses. (And we don’t know what we don’t know.) In other words, it’s quite possible he was barely breaking even, or maybe even in the red. And Mickelson’s income dropped considerably during his winless years from 2014 to ’17.”
Although there's much yet unrevealed about Mickelson's finances, clues are present in several of the major recent events in Mickelson's life. Shipnuck points out that disputes over hundreds of thousands of dollars in back pay helped contribute to Mickelson's split with longtime caddy Jim "Bones" Mackay — a split that was cordial on the surface, but acrimonious behind the scenes.
More recently, Mickelson aligned himself with Saudi interests looking to start a golf league to rival the PGA Tour. Mickelson's stated intention was to wound the PGA Tour — a stance that resulted in his current absence from Tour events — but the fact that the Saudi tour, now known as LIV Golf, will be offering substantial seven-figure paydays at every tournament has relevance, too.
"Based on his comments to me," Shipnuck wrote, "he clearly enjoyed the idea of sticking it to the PGA Tour, but the real motivation was plainly the funny money being offered by the Saudis."
Mickelson has not played on a PGA Tour event since late January, and has not spoken publicly since late February, when his comments to Shipnuck became public and ignited a firestorm of criticism. He is registered to defend his title at the PGA Championship later this month, but has not given an indication of whether he will play.
Lumber points to the housing market bubble is over???
https://finviz.com/futures_charts.ashx?t=LB&p=w1
I also look for utilities and property taxes to soar.The cost of ownership may even force some sales by existing owners, besides buyers not being able to afford the house with higher taxes and utilities and higher interest rates?????????
And that filing does NOT mean we will have a reverse split. If blockbuster news comes out before then and the stock is over $1 for 7 trading days it will not be needed. That filing is a prudent thing to do.
Remember Mitchel got a 1,000,000 warrant bonus on 12/15 priced at "0". Guessing he did something we don't know about yet, such as selling Golden Ridge and hooking up to as many as 5 other mills to make SRB for new custimers. Yes at this point I am dreaming a bit big, but at yesterday's stock price that is a $450,000 bonus. And that is paid like 20% for the next five years, stating 12/15 this year.. Bradley seemed to get his monthly allotment raise a bit last month too by well over double.
With Continental selling now, I see now way to not need one, unless they had a blockbuster deal. I have seen a couple of stocks have a great rally right after the split. Guessing they only have enought shares on the shelf fo a 1 for 2, so for the SH meeting, we will have to vote for more shares. I don't think we'd get a block buster deal until we get the reverse. RIBT had a 1 for 200 a few years ago.