NW, All of us active shareholders know RIBT is on the verge of blastoff. The stock just might be being engineered to stay low. The ICR Conference could have been part of the smoke and mirrors to make it look like they have no intentions of selling. I can hypothesize that they could say the transition to consolidate all to Golden Ridge messed things up more than they planned, and will be sorry to say that have no choice but to sell. All the Board members brought on with merger and takeover experience will conveniently agree. Bunge will look like a hero a year from now with "Their "smart" takeover that was not making a profit at the time they bought it, even thought the price of $3 seemed high. Their rice bran division tripled in sales since they bought it."
This is a plan, IMO, I pray that I am wrong. Why no PR from RIBT management. Most investors don't look at the "99.1" in the ICR conference PR. The street knows diddley poop about what was in that. DOES MANAGEMENT NOT WANT THIS STOCK GOING UP PERIOD AND IS TO HELPING FACILITATE A TAKEOVER?
I do not believe what I am posting, but I FEAR it. Why else bring in all these merger and takeover experienced board members, and why get rid of the 3 board members who might not want a takeover, and why keep the street uninformed about what RIBT is about to do sales wise? I just don't see that Rysrtrom is on the side of shareholders here, massive selling here and he keeps quiet, spitting in the face of institutional holders as well?
I pray that I will owe Rystrom a huge apology for this post. But things really smell at this point. The only sliver lining is those buying now will make a very nice profit on a buyout based on this level.
Life is not measured by the number of breaths you take, but by the moments that take your breath away--Wows happen!!!
