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Re: wow_happens28 post# 645

Friday, 11/17/2023 10:31:17 PM

Friday, November 17, 2023 10:31:17 PM

Post# of 660
It looks like that BABYF news was a licensing deal with Danone (not some type of quasi buyout), but then BABYF announced another dilutive money raise, and that put the kibosh on the rally for now. I haven't followed them very closely, but looks like they have tripled their production capacity over the past year, and the Danone news indicates growing interest in this niche area of the food market. One big problem with their business model though is that to get the infant / baby food products on the market requires approvals from the FDA, which means clinical trials, etc, and this can take forever. The products for older toddlers and kids do not require the same rigorous FDA aspects that make the infant / baby food area so difficult to get into.

With RIBT, I see it was delisted to the OTC, but looks like the annual shareholder's meeting was yesterday, and a nice bounce today. Not sure if you are still following them, but just curious about the status is of the company, if they'll continue operating, etc. Thanks for any info :o)



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