Steel, fingers crossed!!!! This could be the week
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Posted On: 08/08/2022 10:17:24 PM
Re: Steel Reserve #468
Steel, fingers crossed!!!! This could be the week it all comes together. Their comments in the last 4 months point to a huge pet food deal and maybe more.
1. They are adding equipment in MGI, oat and barley mill
2. Yeast used in pet food is hard to get and rice bran can replace it and is healthier, does the same function and is cheaper.
3. The time it takes to get get product is slowed by labels for the new products, labels are ready
4. Upcycled food--they applied for that certification for a reason I'd think. A human food deal too?
5. Hoped for cash flow positive Q2, last CC. UBER had their first ever cash flow positive last week, but missed revenue projections. That huge stock still went up 18% that day.
6. If all the above happen, RIBT will be easily over $2. Hey I'll take cash flow positive for starters.
1. They are adding equipment in MGI, oat and barley mill
2. Yeast used in pet food is hard to get and rice bran can replace it and is healthier, does the same function and is cheaper.
3. The time it takes to get get product is slowed by labels for the new products, labels are ready
4. Upcycled food--they applied for that certification for a reason I'd think. A human food deal too?
5. Hoped for cash flow positive Q2, last CC. UBER had their first ever cash flow positive last week, but missed revenue projections. That huge stock still went up 18% that day.
6. If all the above happen, RIBT will be easily over $2. Hey I'll take cash flow positive for starters.
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