They have not had a CEO since 11/19. Bradley paid mainly in warrants to make losses look better? But also, he must have some faith in the company. Mitchel was only the CFO. Late last year he got like 1,000,000 warrants at "0"., not exerciseable for 1 year from the date for 5 years the stock was .35 then. And he became the COO with no salary. So, he must believe in the company too. If they keep putting out good info, all the attention the Reddit dudes gave RIBT coul dhelp get it over $1 by 9/12.
My thought only , heard no hints. >>>>> Bradley has talked a lot about partnerships. Some may be coming, AIDP is the only one now and not a big deal, so far. Bradley at the last CC and especially at the Instutuional show last month, was not all excited about owneing the rice mill at Golden Ridge. they paid $7.9M for it and some improvements made since. They'd keep their stabilizing attachment and an all bran human addition and get maybe $8.5 in a sale for a partnership of some sort. The had plenty of cash on hand after Q1 and only lost $500,000. They are not cash strapped. What and with who, no idea. maybe more than one partnership.
The pet food side seems to be the most promising. They did talk about a new horse product based on SRB and Oats. Horses love both. Both sites, Mermentau and MGI are being expanded. Can only guess, Chewy or such as a partner. Their SRB horse feed, made by someone else, has been sold for years at Tractor supply. Either of them as a partner, probaly not. Just thinking out loud.
I put more money in my Schwab account today. If they lose their listing, I will pile it in on the announcement.
Bedtime for Bonzo, thank for your support gfp!!
Life is not measured by the number of breaths you take, but by the moments that take your breath away--Wows happen!!!
