$RIBT This iis in reply to another poster at anot
Post# of 123672
https://stockcharts.com/h-sc/ui?s=RIBT&p=...2550319539
RIBT has shown a lot of interest in RB protein. The old Wilmar deal from 2013 is about making DSM's patented rice bran protein at mills in China. That Golden Ridge site is big enough to have a production plant. 32 acres. I have seen photos of their Dillon Montana plant and possibly phase out Dillon since a lot of bran shipping back and forth money would be saved.
The last CEO John Short talked about how the US could use 2 rice bran oil plants now. I see with plant protein being so big now if they want one, especially with the bad taste in investors from the Irgovel mess in Brazil. But, a big money partner could see that potential. About the 30,000 acres, if that is adjacent property then plenty of room for a RB oil plant and a Dillon style stage 2 production plant. plant.
I hate to say "Buyout" at these levels. but if we got $10.00 I think the long term investor board members and Continental Grain would be OK with tha, and have enough vote..
Potential list
1. Plant protein world wide is huge, Some of the biggest investors in the world are invested in plant based meat. Cargill, Nestle, Bill Gates, Richard Branson, Europe's Bill Gates, Li Ka Ching, the 20th wealthiest man in the world out of Hong Kong, the Temesel fund that is a $620,000,000,000 fund owned by the government of Singapore is in plant based meat as well a big Chines fund I can't remember.
So, RIBT's production of plant protein would be a big asset to a buyer.
http://www.marketwired.com/press-release/rice...774654.htm
2. A great location for a RBO plant.
3. Continental Grain has a division in Asia, with a lot of animal feed in China. A buyer of RIBT could really expand there with RBT' products.
RIBT can NOT take advantage of all that now, but they have a framework for a big money partner, especially a Chinese or other Asian firm, especially since they are rice based countries. RIBT has so much potential, but no money. The meatless meat trend and plant protein is young, RIBT must move fast. On their own they can't.
With a buyout, Continental Grain can get out. They can't buy RIBT, agreed in the purchase of their initial 16%. I hate to say buyout with all the potential, but that seems most logical. But, look into NAKD, apparel. They just merged in June with a bigger company and their stock went up 5X and they kept the Naked Brands name and stock symbol. So, maybe a big merger is very workable.
https://www.contiasia.com/
https://stockcharts.com/h-sc/ui?s=NAKD&p=...0868989684