$RIBT in reply to another shareholder at iFib>>>
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Posted On: 02/11/2022 3:42:41 PM
Re: Steel Reserve #362
$RIBT in reply to another shareholder at iFib>>>
I don't expect positive earnings for Q 4 based on what they said at the 2 previous CC's.
What they have to say is more important to me such as.....
1. Real earnings in Q1. They should know that now with the Q1 half over. And give guindance for the year for the first time in years.
2. New products.
a. In August Bradley mentioned a new horse feed with a combination of oats and rice bran that was said to be ready in Q1, Ready? How much revenue per year?
b. Fatto, you mentioned something about "the goals working towards the health industry having been progressing nicely." What's up with that area?
c. In a CC in 2020, we were told that an "All human food" attatchment to Golden Ridege was being built, less than $1m in cost. Rice bran is human food,already it's been sold for years. So what's up with that secret building?
3. Why did Mitchel do to get 1,000,000 warrants priced at "0" when the stock was .35, at a value of $350,000 the day he got them, 200,000 vested for each of the next 5 years. I don't think a bonus like that, in the history of the company, has been given in the middle of a contract year. He must have done somwthing that will greatly help shareholders and inquiring minds want to know.
4.The last 18 months RIBT has NOT had a CEO, Bradley is called , "Exec. Chairman & Acting Principal Exec. Officer". What is with that. It RIBT going to have a merger or such with a bigger company? What's up Doc?
I don't expect positive earnings for Q 4 based on what they said at the 2 previous CC's.
What they have to say is more important to me such as.....
1. Real earnings in Q1. They should know that now with the Q1 half over. And give guindance for the year for the first time in years.
2. New products.
a. In August Bradley mentioned a new horse feed with a combination of oats and rice bran that was said to be ready in Q1, Ready? How much revenue per year?
b. Fatto, you mentioned something about "the goals working towards the health industry having been progressing nicely." What's up with that area?
c. In a CC in 2020, we were told that an "All human food" attatchment to Golden Ridege was being built, less than $1m in cost. Rice bran is human food,already it's been sold for years. So what's up with that secret building?
3. Why did Mitchel do to get 1,000,000 warrants priced at "0" when the stock was .35, at a value of $350,000 the day he got them, 200,000 vested for each of the next 5 years. I don't think a bonus like that, in the history of the company, has been given in the middle of a contract year. He must have done somwthing that will greatly help shareholders and inquiring minds want to know.
4.The last 18 months RIBT has NOT had a CEO, Bradley is called , "Exec. Chairman & Acting Principal Exec. Officer". What is with that. It RIBT going to have a merger or such with a bigger company? What's up Doc?
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