Marani Brands Inc. (MRIB)

[Matthew Berg]

No one knows about the new MRIB financials? That's not true. We know a lot about what they will look like should we actually ever seen them. We've been doing estimates on MRIB sales for over a year now and based on readily available information they've been dead on.

MRIB did $13K in sales for their last reported quarter (Q4 2014) down almost 40% from the previous quarter. They have added no new retailers or distributors. They have not marketed or advertised, let go of their entire sales force and all employees and reported no cash on hand as of January. MRIB lost eight or their premier Costco locations sometime during January representing what is most likely 50% or more of total sales.

While one might argue sales for last quarter are unknown,many estimate based on the above information certainly would confirm that there will be no increases in sales in the next quarter. Honestly, I'd estimate sales to be somewhere around $9,000 for the quarter. There is simply no support of results otherwise.