RiceBran Technologies (RIBT)

[wow_happens28]

COO/CFO Rystrom said at the CC, "We have single opportunities that are bigger than everything we are doing combined right now in the food market." One has to wonder who that could be.

I did not see in the CC any big deals that would get up to a 30% gain in Q 3. I would have to assume that the big customer they lost sales with in Q1, will year over year have less sales in Q2 and 3 as well. My guess is the lost sales big customer is Zurvita Zeal For Life. It was a very successful multilevel marketing scheme with rice bran, but as with most MLM's, they fizzle out in time.

So, how do they get the new sales? I really doubt the gluten free baker would be that huge, or they would have emphasized it more. And the other new customers did not seem like a big deal either.I have to use the thought that whoever that "single opportunities" is waiting for RBT to get enough supply to get going what ever rice bran will be in? If my guess is right, shipping could begin in August, 3 months from now?

About Rystrom, wow, what a fantastic positive attitude. He has to be a great inspiration to all RBT employees. Saying that is not downplaying Smith and Goose. They are more low keyed and meticulous and seem to be getting the job done.