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Friday, July 08, 2022 8:08:46 PM
https://equity.guru/video/ricebran-technologies-ribt-q-first-glance-with-jody-vance-e99/
Mitchel said in the past that one hold back in new products in manufactores need time to change labels. They need to make sure the company has enough product because label changing costs money. But now label changes have been made and orders are coming in.
Yeast is getting to be hard to get and SRB can replace it in pet food, almost all pet food uses it.
1. It is healthier for for the animals
2. It does the same thing
3. It is cheaper.
Not hard to guess what this means>>>
1. An extruder is being added at the Louisiana plant now
2. New equipment is being added at the MGI oat and barley mill in Minnesota
3. Golden Ridge that has been 50% capacity give or take and can double revenue and RIBT add to the other plant increased capacity.
4. Since all plant can possible double capacity or even 50% gain, price per share on the pet food only will make RIBT VERY PROFITABLE SOON?
5. Add in human rice bran products and derivatives and wow_happens.
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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