Marani Brands Inc. (MRIB)

[Matthew Berg]

The only unscrupulous money lenders are those in bed with MRIB getting 400% value in stock guaranteed for lending MRIB ten cents on the dollar. The sell pressure comes from those lenders who have no interest in investing in MRIB per se, just unloading at maturity and getting out with their loot. It's going to continue along with the massive dilution associated with this toxic funding because sales are so dramatically behind expenses and what's in the channel is like trying to stop a freight train with a BB gun. I just wonder how MRIB will possibly explain the horrific sales levels in the next quarterly in two weeks although I doubt it will be on time. But suffice to say you'll probably be looking at less than $12K in gross margin sales and most likely a slew of new convertible deals because I doubt the $15K in cash on hand and sales at Costco from July to today covered even a week of expenses.

And BTW, another day ends in Armenia and no shipments recorded. And so another week goes by with product on its way.