RiceBran Technologies (RIBT): CG does not have to sell their shares. T...

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Re: JefftDecker post# 6169

Wednesday, 09/05/2018 10:42:30 AM

Wednesday, September 05, 2018 10:42:30 AM

CG does not have to sell their shares. There was no requirement for them to do this. The original ~ 2.6 Million share purchase had a perk that allowed them to request RIBT to do a public offering to sell their shares after Sept 13, 2018 IF they wanted to get out BUT since then CG has purchased another 2 Million shares on the open market at increasing prices. Why purchase all these shares if they were going to get out?

Also, Ari Gendason, Snr VP of CG is on RIBT's Board of Directors.

I don't see CG leaving anytime soon.

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