Replies to post #5808 on RiceBran Technologies (RIBT)

[wow_happens28]

Fatto, Q 2 7 to 12% positive, Q3 up to 30%, Q4 above 30. Shipping to a gluten free baker was starting in late Q2.

The big thing the market has ignored is they said that they have twice as much bran lined up in California than they are currently selling and like in a hurry are moving the HQ to the Delta area to get more bran lined up. WHAT"S UP, WOW. They think they got one more milled, so far. I can see moving for personal reasons as well. California's has high taxes and a high cost of living. Texas is much more affordably.

At the last CC, they said they had a new "Lifestyle" customer lined up. BOD member and world renowned meat extender specialist Henk Hoogankamp wrote a book named "Lifestyle Foods". The summary is below, the last line is in bold>>>

Lifestyle Foods, authored by Henk Hoogenkamp, an internationally known food product consultant from The Netherlands, is aimed at three different business audiences: Food industry R&D specialists, food scientists, nutritionists and food marketers; food company senior management and mid-market food business owners; and professionals engaged in issues related to food marketing, agricultural sustainability and world hunger. The book discusses food/nutrition and lifestyle diseases (diabetes, obesity), global food sustainability and food affordability, coupled with extensive instructions on using various vegetable protein ingredients (soy, rice bran, caseinates) to formulate alternatives to traditional meat and dairy-based protein foods

Hey, that describes the new movement "Meatless meats". Could that possibly be why they need 3X more bran than they are now using or more? SRB by itself is 12 to 15% protein, and a great ingredient for making meat out of veggies as some are doing in that sector. It could be huge.

https://www.thriftbooks.com/w/lifestyle-foods_henk-hoogenkamp/11261053/#isbn=1450562167&idiq=23590679

[wow_happens28]

COO/CFO Rystrom said at the CC, "We have single opportunities that are bigger than everything we are doing combined right now in the food market." One has to wonder who that could be.

I did not see in the CC any big deals that would get up to a 30% gain in Q 3. I would have to assume that the big customer they lost sales with in Q1, will year over year have less sales in Q2 and 3 as well. My guess is the lost sales big customer is Zurvita Zeal For Life. It was a very successful multilevel marketing scheme with rice bran, but as with most MLM's, they fizzle out in time.

So, how do they get the new sales? I really doubt the gluten free baker would be that huge, or they would have emphasized it more. And the other new customers did not seem like a big deal either.I have to use the thought that whoever that "single opportunities" is waiting for RBT to get enough supply to get going what ever rice bran will be in? If my guess is right, shipping could begin in August, 3 months from now?

About Rystrom, wow, what a fantastic positive attitude. He has to be a great inspiration to all RBT employees. Saying that is not downplaying Smith and Goose. They are more low keyed and meticulous and seem to be getting the job done.