$RIBT to be sold or merged? If one reads the las
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Posted On: 03/17/2023 10:43:11 AM
$RIBT to be sold or merged? If one reads the last paragraph of the CC it sounds like RIBT is already in a quiet period meaning a deal of some sort is in the works. With management getting paid in warrants priced at "0". and as of last June BOD's getting paid in stock and warrants priced at "0" they certainly want the stock as high as possible. It sounds like if they got rid of Dillon. the company is making a profit. If they could sell it that might be enough. But do they need a quiet period for that?
Last paragraph of the CC>>>>>
Bradley>>>
The Board is in the midst of a strategic review of all the possibilities for RiceBran Technologies. These alternatives are at various stages of review. And given the sensitive nature of this process, I am currently unable to provide any further details. I'd like to thank everybody for their attention, and I'll turn it back to the operator.
https://finance.yahoo.com/news/q4-2022-ricebr...46340.html
Last paragraph of the CC>>>>>
Bradley>>>
The Board is in the midst of a strategic review of all the possibilities for RiceBran Technologies. These alternatives are at various stages of review. And given the sensitive nature of this process, I am currently unable to provide any further details. I'd like to thank everybody for their attention, and I'll turn it back to the operator.
https://finance.yahoo.com/news/q4-2022-ricebr...46340.html
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