RiceBran Technologies (RIBT): $RIBT Continental Grain buys 400,000 mor...

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Re: fascinating paradigm post# 5826

Tuesday, 05/15/2018 6:16:17 PM

Tuesday, May 15, 2018 6:16:17 PM

$RIBT Continental Grain buys 400,000 more RIBT shares. Ari Gendason sits on the RIBT Board. He "is Senior Vice President and head of corporate investments at Continental Grain Company, a privately held global food and agriculture company. He has been with Continental Grain Company since 2004."

I doubt he wants to make a bad investment of a company whose stock is down about 90% since 2010 and never made a profit, just because he sits on the companies BOD.

GC now owns about 4,200,000 shares, about 20% of RIBT. In the first buy, they agreed not to buy RIBT, so that is NOT their purpose here. I doubt they are here for just a double.

https://ih.advfn.com/p.php?pid=nmona&article=77437794&symbol=RIBT

https://www.ricebrantech.com/investor-relations/

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