Tuesday, March 03, 2015 1:24:46 PM
A point could be made that dilution may be somewhat reduced too. What we don't know is what MRIB had in expenses over the past six months that were actually paid and covered by convertibles yet to mature. Perhaps Margrit stopped paying salaries and bills back in August. That timing would coincide with the exodus of employees September through end of year and maybe a reduction in convertibles done over that period to cover cash expenditures. Don't know. It could also be a little bit of fear in the holders of the debt given the fragile condition of the PPS although we haven't seen any new issues. Honestly I think I see the dump coming with these silly paint trades supporting an unrealistic PPS. But we will see.
BTW... Where are those fins? Obviously MRIB doesn't feel any sense of urgency to release them. As I said a few weeks ago I didn't think we'd see any significant dump after those came out and that's still sort of the situation. Perhaps an inside deal waiting to mature? Again, don't know but if we see a big dump I would expect the fins to follow shortly thereafter. And not knowing how long ago Costco took Marani off most of its shelves those financials could be pretty dicey.
Endexx Corporation (EDXC) Leverages Global Market Trends and Legislative Reforms to Spearhead Growth in the Cannabis and Plant-Based Wellness Sectors • EDXC • Mar 27, 2024 3:01 PM
Applied UV, Inc. Announces Pricing of $2.76 Million Registered Direct and Private Placement Priced at the Market Under Nasdaq Rules • AUVI • Mar 27, 2024 2:51 PM
POET and MultiLane Collaborate to Develop High-Speed Pluggable Transceivers for AI Networks • POET • Mar 27, 2024 10:52 AM
Maybacks Global Entertainment Opens 23 More Stations in Important Major Cities • AHRO • Mar 27, 2024 9:00 AM
NxGen Brands Inc. Forecast to Deliver 140% Growth in Q1 2024 • NXGB • Mar 27, 2024 7:30 AM
Kona Gold Beverages, Inc. Strategic Advancements: Covert LLC Introduces Federally Legal D9 Gummies and Revamps Innovative eCommerce Platform, Propelling Toward $12 Million Annual Revenue Goal • KGKG • Mar 26, 2024 8:30 AM