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magicjs

11/08/19 10:58 AM

#7350 RE: New World #7349

Over promised and under delivered. Yes, you're supposed to look 6 months ahead, but when they kick the can 6/12 months people lose faith in the 6 months. Here's the thing... IF they can make it work it's a multi-bagger. It's got great skew with management that hasn't executed. Size appropriately.

wow_happens28

11/08/19 2:35 PM

#7359 RE: New World #7349

New Product--The future of RIBT is now based on the new product that is supposed to come out in Q2 next year from Golden Ridge. 100,000,000 to 300,000,000 pounds of possible revenue is huge. Q2 begins on April 1st. That is less than 5 months from today. Yet not one comment about it's status at the CC. OMG OMG OMG, a good CEO should not ignore the future of RIBT.

That is two totally amateur conference calls in a row. I may send a letter to each BOD. If a CEO can't communicate the future to shareholders, is he just as useless in communicating the future to new customers? I can see a connection. If one can't promote the company to current and potential shareholders why should he be able do it with future customers. A CEO should have unending enthusiasm for his company. Rystrom and Mitchel sounded like 2 dying dogs. When Rystrom first came on he was enthusiastic, is he burned out already.

I am still bullish. The product will overcome a terrible communicate of that product. I sure hope so anyway.