Sabby Management sold all their stock in early 2018. I am guessing this is the same Sabby. So the 1 for 200 split was before they sold. I am guessing this has to do with the Gander Foods deal getting rice from farmers for Golden Ridge last year and the warrants they were given as part of the deal. I thought these warrants would have to be resolved before the company or parts sold and is now, so if I am right this time, this info has been known to any potential buyer before any deal was struck.
So, hopefully, a nothing burger.
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