Replies to post #6634 on RiceBran Technologies (RIBT)

[wow_happens28]

The S-3 is just the follow up filing registering the shares from the 3/7 fund raise. there has been very little shorting since. Now the funds who go in can sell their shares and cover their shorts, a neutral transaction, non event, but the funds who do can make the discount from the offering price and the price of the stock around the 3/7 date. The dilution was helpful dilution,new mill/plant being built.

As per the initial filing, RIBT had to file this form to register the shares, so an expected form.

RIBT is sort of buying short term cash flow positive as both mills they bought were said to be accretive to bottom,line immediately. Not a bad reason to raise money as well as the future sales and profits.

[wow_happens28]

Proxy Statement - Notice of Shareholders Meeting June 19th

https://www.sec.gov/Archives/edgar/data/1063537/000114036119007377/formpre14a.htm

I have not had time to read it word for word yet, but they want to,
"To approve an amendment to our articles of incorporation to increase the authorized number of shares of common stock from 50,000,000 to 100,000,0000, for general corporate purposes."

That is humongous news to me. They must have some HUMONGOUS plans. How do you spell China, my hope anyway. We have almost double the shares from a year ago and double the stock price, positive dilution guided by 20% shareholder Continental grains who does not want a lower stock price.

https://www.youtube.com/watch?v=h5KejRbD5s0