RiceBran Technologies (RIBT): There were some small PIPE's in the end...

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Re: JJZander post# 2067

Thursday, 02/17/2011 2:37:04 PM

Thursday, February 17, 2011 2:37:04 PM

There were some small PIPE's in the end of 08 and those guys got 13,000,000 warrants at .20, I think. But with that many and they will often find a mutual fund or such to buy it at a slight discout to protect their share value. We had Monsanto in here in 06 or 07 and I think they had like 2,000,000 shares and the stock that day was going for $2.80 and the Monsanto stock as a block went for $2.60.

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