PETS to RIBT comparison Chairman of our Board
Post# of 640
Chairman of our Board Sweitzer is also chairman of the Board of PETS, Pet Med Express. Now, I doubt he was on their Board then, but some price projection possibilities are interesting.
On February 15, 2001 PETS was .14 per share.
On April 16, 2001 it was $1.75
If RIBT compares from the .051 at the end of December, RIBT will be .64 at the end of February. I am not planning on it, but doing this as an exercise for me because through the years my weakness has been selling too soon. I think RBT has a heck of a lot more potential than PETS ever had. And by the way, PETS was about $12.00 three years later, RBT compares at $4.38 3 years from now.
Don't count on it, but stranger things have happened. Nothing major has been announced yet, but what could come that the share price has not taken in account of, IMO
1. Pet medical products, in the November CC it was mentioned
2. Rice protein deal
3. Increased Beneo sales
4. Prozyn sales
5. Medical food, a new category Short mentioned the term, picture RiBalance with added protein or such.
6. Nutraceutical deal
7. Increased sales from Irgovel being expanded
8. Brad Edson jailed
9. The biggie would be a major partner comes in to take us to the next level. Short said we need 2 USA plants to satisfy all the oil demand in just the USA. Henk just mentioned Vietnam, Indonesia and China.
RIBT is the best kept secret on Wall Street.