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Wednesday, May 15, 2019 6:51:16 PM
1. Acquire the rice bran supply of a big rice mill in Arkansas
2. Then buy that mill
3. Then buy an oat and barley mill in North Dakota
4. Then plan to increase revenues 3X at the rice mill and produce according to Rystrom, "So what I will say is that it's a higher tech version of what we do. It delivers certain capabilities and certain functional attributes that really compete well with other alternative products and dozens of companies have told us that they feel they're going to have a substantial need for this product." He said also it could be a 200,000,000 to 300,000,000 pound product per year.
Hey, did any of us long tern RIBT traders even dream of any of this?
Are they done and now ready to make a profit? Impossible is now a $2B dollar company. Has Impossible stopped expanding? No, they just raised another $300M. Did Walmart stop opening new stores in 1993? Did they stop issuing more shares in 1993?
Then RIBT shareholders are asked to increase authorized shares from 50,000,000 to 100,000,000 shares. To answer your question about the Oppenheimer Emerging Growth Conference. We will find out how it went after the next fund raise and which institutions invested in RIBT to continue expanding and making RIBT one of 2 things.
1. A fantastic looking buyout candidate
2. A company with maybe 20 to 50 times the revenues we now have with a very attractive dividend.
Hey New World, Continental Grain has MAJOR plans for RIBT and is it not possible that we have now seen it all? Some us have complained about the "Growing pains". Before Continental came along, all we had was "Dying Pains". many of us are stuck in the miserable past of RIBT and unable to see the light? Hey, I am sometimes.
The best is yet to come, but it might take a couple more years to see the whole plan. No, I don't believe RIBT will be another WalMart, not even close. I choose "door 1" and RIBT will be bought out by big food for a nice premium in the next couple of years. My dream would be a credible Chinese company doing a reverse merger with RIBT to get a NASDAQ listing. Board members Rosenthal and Chemerow were involved in big time mergers and Gendason, senior VP of Investments for Continental Grain certainly knows a thing or two about mergers.
RIBT is a Continental Grain work of art, and the entire masterpiece has not been uncovered yet, maybe just a third of it?
https://www.macrotrends.net/stocks/charts/WMT/walmart/stock-price-history
Life is not measured by the number of breaths you take, but by the moments that take your breath away--Wows happen!!!
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