Marani Brands Inc. (MRIB)

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MRIB — Quarterly Report

As shown in the financial statements, during the three and six months ended December 31, 2013 the Company incurred net losses of $166,277, and $360,799 for the three and six months ended December 31, 2013, respectively and $108,191 and $126,597 for the three and six months ended December 31, 2012. The Company's accumulated deficit was $26,290,643 and $25,929,845 as of December 31, 2013 and June 30, 2013, respectively. If the Company is unable to generate profits and is unable to continue to obtain financing for its working capital requirements, it may have to curtail its business sharply or cease business altogether. These factors raise substantial doubt about the Company’s ability to continue as a going concern.

http://www.otcmarkets.com/financialReportViewer?symbol=MRIB&id=116350

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