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The Bridge
(Total Views: 199)
Posted On: 05/12/2022 3:41:42 PM
Post# of 126667
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Posted By: wowhappens28
RIBT would not be here now if not for Continental. They first bought shares off the shelf at $1.07 in 2017, then many other fund raises, yes some in the $3, but some near or below $1,00. I am guessing their average is about $1.50, so taking a big loss. But they had huge gains, guessing with about 66% profit for their 3+ years at Bunge, just left them too, Fribourgh is the CG CEO, got very richer>>>
https://www.secform4.com/insider-trading/1144519.htm

It might be well they never helped RIBT get into pant based meat and the Bradley's focus more to value added ingredidents might be the place. PLANT BASED HAS PEAKED. Look at one of the first, BYND, their IPO first shares sold at .44>>>

https://stockcharts.com/h-sc/ui?s=BYND&p=...6875168616

Beyond Meat shares drop as jerky costs drive $100.5M loss
Published May 12, 2022

https://www.fooddive.com/news/beyond-meat-ear...ood%20Dive

It is not RIBT Continental is fleeing, they are changing their focus, Bunge is proof. And we'd have been Chapter 10 or 11 in 2018 0r 19 without them. THANK YOU CONTINENTAL GRAIN. best of luck in the future.

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