RiceBran Technologies (RIBT): Sounds like one logical scenario would b...

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Re: wow_happens28 post# 10811

Saturday, 05/13/2023 5:22:09 PM

Saturday, May 13, 2023 5:22:09 PM

Sounds like one logical scenario would be to sell off the money losing 'value-added derivatives business', and keep the profitable milling business.

Either way, based on the CEO's general comments, there will clearly be some significant changes coming -

"While the process is still ongoing, I can say at a high level that there is an active interest in the assets of the company, a number of opportunities that are being evaluated and with that a variety of potential outcomes."

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