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Re: Flubadub post# 6344

Sunday, 12/09/2018 7:36:35 PM

Sunday, December 09, 2018 7:36:35 PM

Post# of 10949
Flubadub, Continemtal has saved RIBT. I have a feeling they helped get the stock over a dollar somehow and kept it above that long enough that RIBT kept it's NASDAQ listing. Then they bought 2,700,000 shares on the shelf that were reserved for a reverse split and RIBT needed the money. Now that have bought like 2,400,000 exercised warrants and usually when large amounts of warrants are exercised, stocks fall. RIBT rose. CG might be happy getting RIBT to a nice profit level and selling to somebody else. The Wilmar deal is a nice carrot, but takes a lot of money. But, I do believe a sale has definitely been discussed or the rather strange contract filing would not have been necessary. But not a buyout soon or Smith would still be the CEO and Rystrom the CFO.

Why would Rystrom and Dykes get a 4 year contract, then agree to an escape clause for the Board to shorten the contract? Ball players and coaches would never agree to that. So, it must have been discussed and agreed on, but they left it off the original filing, inadvertently .

https://www.sec.gov/Archives/edgar/data/1063537/000114036118040874/form8k.htm


Again, the Wilmar deal, partnering with Wilmar's and affialites rice mills in China to make rice bran protein, which is what would be used in vegetable base meat replacements.>>>>>

http://www.marketwired.com/press-release/ricebran-technologies-wilmar-international-ltd-enter-into-agreements-develop-rice-bran-otcqb-ribt-1774654.htm

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