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Re: JefftDecker post# 6006

Saturday, 08/11/2018 5:53:29 PM

Saturday, August 11, 2018 5:53:29 PM

Post# of 10950
Jeff, Continental Grain signed an agreement when they bought the initial shares not to buy the company. They have really kept this company afloat. In 9/17 when they bought 2,700,000 shares for $2,900,000 RIBT needed the money. That was shares off the shelf. Then they have been buying another 1,687,532 shares since that were warrant holders exercising warrants and selling the shares to Continental. That brought in another $1,500,000 to RIBTs treasury. And if they had not been buying this exercised warrants stock, our stock would be nowhere at the price it is at today and maybe none of the warrants even in the money. They have really saved RIBT from another costly fund raise, causing even more dilution, or BK.

Yes, they see value in the company, and I believe it is in Henk Hoogankamp;s rice bran protein. Plant protein is huge now and just in it's infancy. How RIBT uses that I hope we find out soon. My guess is when we do the stock will triple in price the day they announce it. OK, I do dream a bit, lol.

A big money partner could really capitalize on the framework RIBT is now putting in place, the Wilmar deal, more US bran being locked up, more production space at Golden Ridge for protein and stage 2 processing. Hey, Continental has a division in Asia, ContiAsia. They do some food, but a lot of animal feeding. Our SRB animal feed could fit right in the NOW NOW NOW. RIBT needs a big money partner now. No sense giving competition more time to take away our future. And I hope that is being worked on. Bringing on Robert Bucklin, knowledge on banking mergers and acquisitions to the Board a month before CG bought the first 2.9 m stock seem like too much of a coincidence.

RIBT has a lot of tax losses carried forward that could be valuable in a revers merger, like dying Kmart buying Sears. I do believe that an outright buyout and the buyer of RIBT can't used those tax credits. But how and why they do anything like this. is WAY beyond my pay scale and half of what I just posted may be total BS, lol.

The timing of the option to buy the Golden Ridge rice mill is key. 6 months? Why not a year? I am hoping that means some major news comes out before then. And my guess is at least a month before. Sales VP Mosley said the $10,000,000 in new business will be closed on "shortly". That might be a key. Rystom in May said the Arkansas rice mill might be announced "shortly" at the May CC. Well, "shortly" turned out to be 2 months. So is Mosley uses the same definition of "shortly" as Rystrom, then we find out in early October, lol. Sad they did not say "announced shortly". That kind of sales is material information I feel shares holder have a right to know.

Just look at the stock chart, something big is coming, but anybody buying this stock off my advice in past years got killed, so be aware. smile

https://stockcharts.com/h-sc/ui?s=RIBT&p=D&yr=1&mn=0&dy=0&id=p42550319539

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