Salty, the stock is right on on a declining resistance line. If it closes above it with some force, I can see the old high of $3.87 challenged before the end of the year. CC in about 2 and 1/2 weeks, hopefully news comes out before hand.
Yes, nice to see the stock sort of manipulated up instead of down like it did all summer and the some for the spring and fall as well. More than a few strange days lately, some times 90% down volume, yet the stock is up a bit or unchanged. Today, 3 to 1 down volume, for example. This can be bullish if someone is raising the bid to get in. A fund raise based from $2.85 is palatable, compared from $2.41 or lower. Management went to the Big3 conference 9/12 looking for money. Plus Henk is advising them to take on a new advisory role reporting directly to President and CEO Brent Rystrom where he will assist the Company with the development and acquisition of new ingredients and products. Rystrom does not play games, Henk is doing something and it probably needs money. With a fund raise we will find out.
My hope with Henk is RIBT will become sort of a meat replacement ingredient supplier of many ingredients for human and pet for many companies.
Salty, so you are going to take on the Gulf Stream again in November? Better luck with the weather then?
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