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Re: Fatto post# 6198

Thursday, 10/04/2018 6:12:56 PM

Thursday, October 04, 2018 6:12:56 PM

Post# of 10949
Well, down 66 % in four days under Rystrom, lol. I think the end of the day was market related and RIBT will bounce back. Uncertainty is never welcomed in the market. I did point out some uncertainties RIBT has created in my previous post. But, by the looks of level 2 the last two days, it appears one person or fund could have bought 100,000 shares at $2.75. No uncertainty in that person or groups judgement, nor mine. Just a matter of time.

The new board member was not brought on for his health, nor the one appointed in August 2917. We vote in board members every annual meeting in June. Why a new one each year in 2017 and 18 not long after June?. Bucklin tied to Rabobank, and Chemerow has been through 2 mergers. RIBT has a framework to be a monster company with a disruptive food ingredient "rice bran protein", thanks to 2008- current Board member Henk Hoogankamp and DSM Corp.. RIBT also has an idle deal with Wilmar International to make rice bran protein at Wilmar's affiliates in China with 45% of the costs and profits.

Also, Continental Grain has operations in China, the world's rice basket. RIBT's stabilized rice bran animal feed and human ingredients fit right in. RIBT could use a cash rich partner to help RIBT to license the technology to make stabilized rice bran product and derivatives.

If they did a reverse merger like Kmart Buying Sears a few years back, RIBT has tons of Cola's that are worth a lot. Bucklin and Chemerow have a lot of experience with mergers and acquisitions. I doubt they would be added to RIBT's board for not other reason then their knowledge or contacts or access to money. Licensing the product with little money down could be very profitable, especially in China where rice is king.

This is all my speculation, none of the above may not be even close to what is planned. But why Buckin and Chemerow?






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