Marani Brands Inc. (MRIB)

[HDOGTX]

Kurt Cramer toxic financier. Previously he did toxic debt agreements with public entities through his company Mazuma with his partner Charlie Mayo. They were involved in financing such companies as SPNG and PAIM/ZNXT (among a slew of others).

Since his Mazuma days Cramer has moved on and started a new toxic debt financing company called Asher Enterprises, Inc.

A little more information on Asher Enterprises Inc here:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=68247638

If Kurt Cramer owns shares here through Asher Enterprises, Inc it is because the MRIB shell is in debt to him.

He most definitely didn't purchase those 10,833,333 shares for $30,000 as you are implying, but as you say you are "(not really sure of the cost)". I can pretty much guarantee you that the cost of those shares will be well below the market price for Asher Enterprises Inc.


As for the rest of your post. Yes the entity has been reinstated with the Nevada SOS as of October 27, 2011 after being revoked.

http://nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=jSxp9%252fuQ81vtMpDi7wbFlw%253d%253d&CorpName=MARANI+BRANDS%2c+INC.

The shell has been reinstated with the same Management team and same authorized share structure for now

310,000,000 shares authorized
203,732,172 shares outstanding

We know that the CEO recently stated in an 8K that MRIB is not a shell company.

We know that shares have recently been issued to Asher Enterprises Inc (almost certainly for the conversion of a debt Note).

What we don't know is if those Asher Enterprises Inc shares are free trading (more than likely they are based on Asher's history).

What we don't know is if Margrit Eyraud has anything special planned for MRIB now that she has made it active with the Nevada SOS.

The reinstatement could just be for something very simple like she just needed to reinstate the entity to do a corporate filing like an authorized share increase or another reverse split and nothing more. MRIB does have a few old debt Notes listed in their last 10Q filed for the period ending March 31, 2010. Maybe those Note holders are putting pressure on MRIB to cash those debts in by converting them to shares.

Maybe it was reinstated with the goal to expand business operations... nobody knows for sure at this point.

Are certain traders going to try to use this as another pump&dump?

Lots of unknowns. It'll be interesting to see what happens here.