Replies to post #6198 on RiceBran Technologies (RIBT)

[wow_happens28]

Fatto, patience is nice and accountability is too. Now that we know about all the wonderful people and how much money they will make from flurry of PR's and SEC filings the past 3 days, maybe we can now find out how they are performing? They snuck in the last CC that cash flow positive was moved back from Q1 to "Mid 2019" with no reason given. They told us in the May CC that updates and CapX at Dillon would be completed by the end of September. And the biggie, at the last CC it was stated that the $10,000,000 new business would be closed in "The near future". Well that was now 2 months and 2 days ago.

Hey fatto, I am still a fan of Rystrom. At the last CC he tried to explain my Q2 did not go as well as planned, and did a good job. He is officially our new CEO now and I can believe the reason for the move back of cash slow positive could have had to do with the $10,000,000 new business being moved back by that customer or maybe the purchase of potential Golden Ridge has something to do with it that he could not talk about with out giving inside info that he could not yet announce.

I just pray he will be more accountable that John Short. John Short actually said when he was new, "I want to be a CEO who understated and over performs", OMG OMG OMG OMG That turned out to be as far from the truth as many of the millions of campaign ads we now have to watch the past couple of weeks. The only thing Short over performed at was his and his CFO's pay. The stock fell like 95% under him, and he kept writing down management and BOD warrants to reward them for the "over performance", OMG OMG OMG.

Fatto, I'd be happy if Rystrom did not under promise and over perform, but just "performed". If he did that, I'd feel I was living in heaven after all those years with Short and his false promises and untruth statements. I have bought a lot of stock the past 7 months and have high hopes, as do you.

[wow_happens28]

Well, down 66 % in four days under Rystrom, lol. I think the end of the day was market related and RIBT will bounce back. Uncertainty is never welcomed in the market. I did point out some uncertainties RIBT has created in my previous post. But, by the looks of level 2 the last two days, it appears one person or fund could have bought 100,000 shares at $2.75. No uncertainty in that person or groups judgement, nor mine. Just a matter of time.

The new board member was not brought on for his health, nor the one appointed in August 2917. We vote in board members every annual meeting in June. Why a new one each year in 2017 and 18 not long after June?. Bucklin tied to Rabobank, and Chemerow has been through 2 mergers. RIBT has a framework to be a monster company with a disruptive food ingredient "rice bran protein", thanks to 2008- current Board member Henk Hoogankamp and DSM Corp.. RIBT also has an idle deal with Wilmar International to make rice bran protein at Wilmar's affiliates in China with 45% of the costs and profits.

Also, Continental Grain has operations in China, the world's rice basket. RIBT's stabilized rice bran animal feed and human ingredients fit right in. RIBT could use a cash rich partner to help RIBT to license the technology to make stabilized rice bran product and derivatives.

If they did a reverse merger like Kmart Buying Sears a few years back, RIBT has tons of Cola's that are worth a lot. Bucklin and Chemerow have a lot of experience with mergers and acquisitions. I doubt they would be added to RIBT's board for not other reason then their knowledge or contacts or access to money. Licensing the product with little money down could be very profitable, especially in China where rice is king.

This is all my speculation, none of the above may not be even close to what is planned. But why Buckin and Chemerow?