Tuesday, July 28, 2015 7:47:49 AM
To what purpose....? There is no product in Brazil, and none slated for delivery, so whatever the tax structure in Brazil, it's not relevant to MRIB. As we used to read repeatedly here - it's a non-issue; only this time it truly IS a non-issue.
What IS relevant are Margrit's statements regarding 'imminent shipments to Brazil' (untrue), 'execution of contracts in Brazil' (untrue), 'tax stamp issue' (sign of incompetence at the least, or an additional untruth at worst), and 'shipment diverted to the US to satisfy growing demand' (also untrue).
As for not being able to compare financials because MRIB has ceased to release them - well, that's just another example of Margrit's incompetence and malfeasance. She is without doubt an atrocious CEO. Pointing out the continued lack of financials supports that marvelously.
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