RiceBran Technologies (RIBT)

[besdin]

As all of you know I am a 20 year shareholder with losses in the high 6 figures...I have steadfastly believed in this company, and while I hate to be negative ...but with the stock closing at .71.it's hard to imagine anything other than an impending disaster. Second qtr loses were 10.3 million, due to an approximate loss of 8 million on the sale of the plants they got rid of
The ONLY asset the company has is their loss carry forward which is worthless to a company buying them out since the loss stays with RIBT and THEY would need to buy a company to maintain THEIR loss carry forward ------this does not recognize that there can always be some fudging and twisting of the accounting in a sale,