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Friday, 05/06/2022 6:44:00 AM

Friday, May 06, 2022 6:44:00 AM

Post# of 10950
You will note I have not highlighted rice milling as part of our forward focus. While we have been pleased with our year-over-year improvement in our Golden Ridge facility, it has become clear to us that rice milling should not be a strategic focus for the Company. As a result, over the coming months, we will be exploring multiple options to optimize the financial and strategic impact from Golden Ridge.

Derivatives core SRB and specialty milling products provide our pathway to profitability. With the strategic initiatives I've outlined, our expectations are to see each of these business deliver solid growth despite the challenges in the supply chain. RiceBran is not immune to these challenges but also offers an opportunity to grow our penetration in key applications.

Source: https://seekingalpha.com/article/4505568-ricebran-technologies-ribt-management-on-q1-2022-results-earnings-call-transcript#comments
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