$RIBT $2.45 the_8th $1.85 PoemStone Did it
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Posted On: 08/04/2018 9:44:20 PM
$RIBT
$2.45 the_8th
$1.85 PoemStone
Did it bottom Friday morning? Nice volume after a ho hum CC.
https://stockcharts.com/h-sc/ui?s=RIBT&p=...2550319539
Key line in the CC by the sales VP Mosley, Keep in mind RIBT did $13m last year and $6, 550,000 in Q's 1 and 2
"About a year ago when I joined RIBT our pipeline was weak at best. In the last 11 months we are up to 5X the pipeline to over $10,000,000 in new business that we plan on closing in the near future" . And more orders will come in. Yes, possible some of the $10,000,000 might not get shipped in 2018, but....
Do the math.
Been in and out for years, bought a lot average $1.55 in March April this year. I RIBT could have their rice bran protein into the growing meatless meat market. Check out books by Henk Hooganakamp a BOD since 2010, all about plant protein and meatless meat. Henk is a world renowned plant protein expert.
https://www.thriftbooks.com/a/henk-hoogenkamp/2231856/
$2.45 the_8th
$1.85 PoemStone
Did it bottom Friday morning? Nice volume after a ho hum CC.
https://stockcharts.com/h-sc/ui?s=RIBT&p=...2550319539
Key line in the CC by the sales VP Mosley, Keep in mind RIBT did $13m last year and $6, 550,000 in Q's 1 and 2
"About a year ago when I joined RIBT our pipeline was weak at best. In the last 11 months we are up to 5X the pipeline to over $10,000,000 in new business that we plan on closing in the near future" . And more orders will come in. Yes, possible some of the $10,000,000 might not get shipped in 2018, but....
Do the math.
Been in and out for years, bought a lot average $1.55 in March April this year. I RIBT could have their rice bran protein into the growing meatless meat market. Check out books by Henk Hooganakamp a BOD since 2010, all about plant protein and meatless meat. Henk is a world renowned plant protein expert.
https://www.thriftbooks.com/a/henk-hoogenkamp/2231856/
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