RiceBran Technologies (RIBT): Once the rice mill is sold that will put...

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Saturday, 08/27/2022 6:29:31 PM

Saturday, August 27, 2022 6:29:31 PM

Once the rice mill is sold that will put a good chunk of cash in their pocket and stave off any need for another raise. The reduction in revenue will be accompanied by an increase in gross margins, which will be welcome news. Hopefully, they've stabilized the operations (pun not intended) enough to get over what they paid for it and not a fire sale because they overpaid to begin with.

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