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Re: Fatto post# 10883

Thursday, 08/17/2023 9:32:17 AM

Thursday, August 17, 2023 9:32:17 AM

Post# of 10951
Fatto and all, first, the below is my hopes and opinion. I have not heard what I am posting from anybody, my own guess. Buy or sell at your own risk.

Q2 might have been bad so they postponed putting the results basically until the next Q. Q2 had a lot of money possibly going out with extra work for the sale of the bran. It must be hard to sell a company with a bad Q because it can't be sold only for only tax losses carried forward. So. Keneally found a legal way around it from having to report the losses now and they become available about the same time as Q3. And RIBT could possible get a higher sale price with better numbers.

Q3 could be very good. At the Q1 CC they stated that MGI, who had just double production capacity was already getting new business from it. Golden Ridge who was lacking bran from farmers hired a dude to get more. Golden Ridge could be doing well also. And remember, RIBT sold the big losing part of the business, the rice bran. The drawback is Q3 has been a slow Q some years.

I hope we get an explanation at the shareholder meeting next Wednesday. Again, I have not talked to anybody connected to RIBT in anyway except conference calls. They are being so tight with info that there are not the usual rumors floating around. I don't even call the PR dude guys anymore and they are NEVER of any value anyway, just there for public relations.. This is all my dot connecting and it may all be wrong. I am not recommending the stock and not buying. And I could be TOTALLY WRONG.

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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