RiceBran Technologies (RIBT)

[wow_happens28]

The S-3 is just the follow up filing registering the shares from the 3/7 fund raise. there has been very little shorting since. Now the funds who go in can sell their shares and cover their shorts, a neutral transaction, non event, but the funds who do can make the discount from the offering price and the price of the stock around the 3/7 date. The dilution was helpful dilution,new mill/plant being built.

As per the initial filing, RIBT had to file this form to register the shares, so an expected form.

RIBT is sort of buying short term cash flow positive as both mills they bought were said to be accretive to bottom,line immediately. Not a bad reason to raise money as well as the future sales and profits.