$RIBT making ingredients for a plant based dog foo
Post# of 640
I don't see the top dog food producers as in the vegan pet food producers. Mars, Nestle/Purina and Smucker. One of them making a vegan dog food with rice bran and oats would be huge.
Links >>
https://www.hepper.com/largest-pet-food-manufacturers-in-us/
https://www.peta.org/living/animal-companions...od-recipe/
Clues given by RIBT management>>>
1. From a previous call in 2021-- We will be making a pet food involving oats and rice bran.
2. With point 1 in mind, RIBT is expanding the MGI oat and barley mill and the Mermentau Louisiana rice bran production. California has been stated as the best HUMAN rice bran, thus this is for animal food?
3. A line from the April CC, "Private line expansion" That makes it sound like one company RIBT will be producing from, not ingredients for more than one other company.
4. In the last CC they mentioned reconfiguring a building they own at Lake Charles for " so that we can better service our new companion animal customers in terms of what they want, from us maintaining an inventory buffer, having certain specs and testing met, and the format that they wanted to deliver it. So all of that is now in place, and online and ready to ramp..
Sounds like something big to me.