$RIBT Aqua-FX, at the last CC they mentioned the BOD was reviewing options and the one strongest was partnerships. But they said they must be cash flow positive first. They also said CSP positive could happen early this year.
Roumell has 2 funds owning RIBT(see below). Between the August reporting and November they added 1,000,000 shares. They then reported on 1/20 they added another 2,000,000 shares, what do they know?. RIBT has about 41,000,000 total. Plus, it was voted in back in June to authorized more shares. I can't remember the about but it is 100,000,000 or more. So, they have plenty of shares on the shelf to sell to a new partner.
Another event is in the works. They must have the stock close over $1.00 for 10 consecutive days buy some date in August or lose their listing. My guess is that a partner would want that to happen before a deal. Well, RIBT just had day 2 yesterday over $1. I hope it continues. A partner in China would be fun. Below, an old deal never used that is still active with Wilmar International that is still active. Wilmar is the ADM of Asia.
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