RiceBran Technologies (RIBT)

[wow_happens28]

I agree Greed, but more.

1. They never bought a rice mill before, just s RBO plant 6000 miles away, a disaster by an incompetent CEO in 2007. They can hook rice mills for the for the fraction of the cost of buying the whole mill.
2. They bought an oat and barley mil recently, ancient grans, non GMO
3. They added an all human stabilized rice bran addition at Golden Ridge that they have NEVER told us what it is for.

All of the above at that time they needed basic SRB to fill orders.

4. They got FDA approval to sell rice bran protein fiber as an FDA approved ingredient in 2018.
https://www.ricebrantech.com/news-room/press-releases/ricebran-technologies-receives-fda-letter-granting-its-petition-to-include-rice-bran-fiber-in-the-agencys-list-of-approved-dietary-fibers/

So they must be planning on making a lot of the DSM protein they paid DSM $1,000,000 years ago, never used. RIBT used to be NTRZ
https://www.ricebrantech.com/news-room/press-releases/ricebran-technologies-receives-fda-letter-granting-its-petition-to-include-rice-bran-fiber-in

%. They made a deal with Wilmar International, the ADM of Asia to hook up to any of their rice mills in China. This was in 2013 and never used.
https://finance.yahoo.com/news/ricebran-technologies-wilmar-international-ltd-120000108.html

OK, old deals, but in 2019 the CEO of Impossible foods said, "We go going in 2010 and today we are at where we then thought we'd be in 2012 or 2013." The entire plant protein industry was slowed down, not just Impossible who may never need to be tied to.

I am not saying RIBT with their rice bran protein, oats and barley will be in Impossible plant based meat, but if it is your $10 to $20 stock makes you look like wimp. They have enough going that just going to China would be huge. I am looking for Impossible to be going to China, Trump/Chin feuding slowed that down. If they announce like going to Shanghai, a logical place on the ocean near rice growing country. If they do and RIBT announced they are hooking up to a rice mill in Shanghai, if they did, I'd go ballistic on social media 24/7 pushing RIBT.

Impossible and China is my best case. But Asia in rice based, no reason not to go there.

About me, I have been in and out of RIBT since August 2008, started as a trader they broke the "Love rule"

Welcome to the message board and I hope you are a wimp Greed is great