Replies to post #5244 on Rising Biosciences Inc (RBII)

[Lexey]

Zero Assets? He has 2 restaurants open with rave reviews and is opening a 3rd one! No cheap shares for you, lol

[Penny chatter]

Exactly why you should stay away from this stock and not try to scare us from our profits. Good luck and I hope you find the stock for you if you need help finding the door let me know. I believe in this company and the ceo who's forthright with is updates. If you see the 10q share structure remained the same for the last two years.

[johnnycomelately9]

Correct me if I'm wrong, the company can print 25,654,652 shares at any time when they want/need? Their tab is clear but I don't think they have zero funds? Consider the fact that...

Rising India, Inc. Announces CEO Walter Luce Seeks City Pre-Approval of 161 Acre Assisted Living Community Annexation
TUSTIN, CA--(Marketwired - Jan 13, 2014) - Rising India, Inc. (OTC Pink: RSII) Rising India, Inc. announces CEO Walter Luce seeks city pre-approval of 161 acre assisted living community annexation.

CEO Walter Luce addressed city officials on announcing the 161 Acre Assisted Living Community into the city of Desert Hot Springs. Mr. Luce has had great success with the city on past large projects being approved by the city over the last 10 years. With city pre-approval Mr. Luce will start the appropriate paperwork to have property annexed.

Now I don't know about you, but if RSII went to the city of Desert Hot Springs and proposed a plan then I imagine, they then had the funds or means to the funds for the approval of that project? But Luce seems out; with new CEO in, so I expect updates on the new direction over the near-term. I imagine they have some funds or a plan? Our chairman and board seem to know what they're doing and it's hard to find a penny with competent management.

As a shareholder I know:

Tustin, CA- July 25, 2014- Investors Hub NewsWire - Rising India, Inc. (OTC: RSII), is pleased to announce that its Board of Directors has voted in favor of a number of initiatives toward building cumulative shareholder value and long-term growth for Rising India.

That quote was from 2 PR's ago but the last news stated that the Chairman is CEO. With this now being the case I'm patient, the company told us in a PR:

a significant shift in business models toward near-term opportunities for revenue producing asset acquisitions.

So the old plan: build a retirement community that's far from profitable near-term is out or on hold... The new QSR model is in. We're also told more acquisitions are hoped to come, so we should be optimistic. Float is 65,000,000 and capping at 93,000,000, that's solid! One must also consider the insiders holding restricted shares, O/S is a small 474m total; I wonder if they're institutional; board members, or how much they've contributed financially to RSII? Looks to me like the board has spoken, and our chairman is now CEO and taking us into business in the near term. So with his proven skills in the restaurant industry, I think he can cut us a big slice in the food industry; he already started 4 and 5 star establishments:

“We are thrilled with the opportunities ahead,” states CEO James DiPrima. “I am confident shareholders will be very pleased with our announcements forthcoming as we work diligently to secure a footing in an industry where consumers are spending roughly $1.7b per day.”

But I agree with you Fallin123 that this stock is a gamble, we don't know all the details of the forthcoming businesses, but I look at us investors like the early birds getting more than a pepperoni from RSII. I was attracted by a beautiful chart, then fell in love with the awesome float. I became reaffirmed and more compelled after seeing numerous ihub top 50 traders come and post here since... That and the massive increase in posting from great traders tells me I'm not the only one enthused. I think the top 50 guys see what I saw, what so many here do. I see potential that's about to be realized... I read that above quote and focus on the words opportunities ahead. I expect an update followed by updates and price to rise and rise like the pizza'$ we'll be baking up. I'll rise with India I think. Together get a slice of the 1.7b spending per day :)