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(Total Views: 117)
Posted On: 02/25/2019 8:23:08 PM
Post# of 27263
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Posted By: wowhappens28
$RIBT has about 1,000,000 warrants at $3.25 that the CEO last November really wanted then in, to raise $3,250,000. They expire April 15th. RIBT had plenty of cash on hand in November, the CEO must have plans for the money. The warrants er not publicly traded warrants, and were written down from $5.27 to $3.25, had the expiration reduced by a year and got the shares reduced in quantity by 25% or so. Like I said, he must really want the money for some deal. Guessing holders would like $4,00 to exercise and sell, unless they plan on holding the stock, then maybe a lower price. Something is up.

https://stockcharts.com/h-sc/ui?s=RIBT&p=...731353837c

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