Marani Brands Inc. (MRIB)

[Matthew Berg]

Another license, another state with no distributor and no retailers...

Is this really the news? The say they've completed a multi million dollar agreement in Brazil and they announce a license representing zero revenues? Investors should be absolutely livid. Starting to look like Brazil is all BS too. And anyone buying on this news believing it means sales should do some DD. Arizona license announced, sales, retailers and distributors, zero. Washingtom license announced (Costso HQ state), sales, retailers, distributors, zero. Illinois license announced, sales, retailers, distributors, zero. Minnesota license announced, sales, retailers, distributors, zero. Florida license announced, sales, retailers, distributors, zero.

I'll also suspect they've had this news for some time and were keeping it in their back pocket in case of a stock price emergency. I don't believe you can transport spirits to a public venue in a state where you have no license to distribute. I'm sure the ATF and state authorities wouldn't really care if they brought a couple of cases of Marani into a cheesey fashion show but doubt MRIB would take that chance when a license is so easy to get. Regardless, this is just a desperate attempt to post any type of news to soften the blow of nothing in Brazil and maybe stem the bleeding. I'm sure it will work a little as the longs are already counting money that isn't there but it won't last long and I suspect we will see an extra big hammer today.

Anyone buying today just needs to check for retailers and distributors in all of those other states they announced. You won't fin any outside of California. All just hype. Another teaser, another ruse. MRIB sells stock and announcements like these, not vodka. This is not news representing future vodka sales per se, just news to try and put a pause on the PPS blood bath. I guess we will see if investors will be naive enough to buy into this absolutely empty scrap of nothing.