Replies to post #7388 on RiceBran Technologies (RIBT)

[New World]

I’m not confident they need or are getting a fund raise.
One of the reasons Mitchel provided in the CC for going the credit facility route is because it didn’t dilute shareholders. I think they would have left that part out if they had additional monies planned on the horizon.
They must be confident now with ramping up of capacity as well better margins that things will fall in place.
I believe sales will drastically improve in the 4Q based on increased movement of the paddy from 4 days to 30 hours which I assume is providing increased capacity(reason #1 for not purchasing another mill right now; not to mention the expansion). If they can keep inventory(if), they seem to have a use(demand) for it, they can turn a lot. They will continue to make headway with regard to selling current customers skews from MGI Mill and Rystrom keeps implying that this specific mill is only currently at 35% Capacity(reason #2 for not to purchase another mill right now). The Profit says...product, people, process. It seems they were missing the process before the new equipment. And now it seems they have all 3. So I imagine it’s just about getting the job done every day.