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Re: None

Tuesday, 10/18/2022 10:17:48 AM

Tuesday, October 18, 2022 10:17:48 AM

Post# of 10949
Todd Mitchell

I think our -- yes, one over the other of us. The plan, first is to operate this year at sort of a cash flow neutral, except for our capital expenditures and hold capital expenditures at a sort of a very reasonable level this year. So to be kind of fully funded. That being said, I think we are identifying parts of the business where the return on investment would be very high. But certainly, there is no need for capital to fund operations.

It only would be to fund opportunities.

Peter Bradley

Just to add to that, I think over the next 12 months, CapEx will be relatively modest as we head into 2022 towards the end of 2022 into '23, if this -- if we start to tap into this opportunity, then it will be -- we will need more capital. But as Todd rightly pointed out, the ROI on that capital will be significant.

https://seekingalpha.com/article/4426578-ricebran-technologies-ribt-ceo-peter-bradley-on-q1-2021-results-earnings-call-transcript
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