So how are those bargain $.0004s from last week that couldn't go any lower doing? Like I said, there would be PLENTY of shares available at $.0003 or less. Just needed to put a little volume into that bid. $.0001 is just a matter of time. The longer MRIB flat lines like it's doing now with what amounts to no market for the stock, the more impatient those convertible holders will get. They'll take $.0001 soon. Bump up the volume on the buy and you can get them at $.0001. Problem is you'll never be able to get rid of them. LOL!

It's obvious that many investors have finally figured out that MRIB went out of business some time ago. Only a matter of time before it's absolutely confirmed although failure to have any legal standing in Nevada or California is pretty much proof positive. Still in default in Nevada and still have the FTB noose around their neck in California. Moot point really. The realization that MRIB has only $25,000 in sales in close to two years should be enough to recognize there is no business or future here. Throw in more than $1.2 million is mystery expenses to achieve those sales and the picture is pretty clear. Almost $500 in expenses for each bottle sold. Considering the $525 spent in marketing and advertising last reported quarter you have to wonder where Margrit spent more than $300,000 in expenses with no employees, salaries, rent, inventory, etc. Other than her car, phone, insurance and a post office box rental there should be no operating expenses. Oh yea, the dead web site might run a couple of bucks a month. LOL.

Sure doesn't sound like an opinion to me. Sounds like an accurate description of process and accounting of what's transpiring with MRIB trades. And I, as well as many others, have come to respect Veronica''s explanation of process versus manipulative twisting of those processes by those trying to misdirect from fact.

Well, you've been incorrect with that same call for many months now. When MRIB was at $.0006 it was "ready to go to da moon". We hear the same thing every time MRIB drops another $.0001. No reason to believe that we won't see a PPS of $.0001 soon. MRIB has no business. They have no sales. They have no future. They don't even appear to have have legal standing. Anyone holding convertibles has no reason for confidence in holding out too long. Every time we hear MRIB can't go any lower, guess what? It does. Like clockwork for 16 months now. From $.05 all the way to a bid at $.0001.

And the latest confirmation of the same old MRIB PR games isn't helping anything. Fake job postings, fictional stories about Southeast sales and new locations. Some new penny stock hack with a string of failures in his wake as CFO. False listings of new Costco stores on the now defunct MRIB eBay site. And the real beauty, a marketing firm with a bunch of MRIB type inactive brands that appears to be an investment bucket shop. They're not marketing Marani vodka or any other brands. They're out to promote stock and troll for investment dollars. Fill out the "Investor Information" on their web site and see how fast your phone rings trying to sell you stock. What private marketing and branding firm needs an investor relations function? Nonsense. Same old MRIB misdirection and dog and pony. Nobody's buying it anymore.

Same old MRIB gibberish about bottom feeders and market makers, etc. We've heard it all before. But it's all nonsense. What was printed many months ago is exactly what has happened. Every month or so we reach a new low level or starting point. It's just been a gradual winding down. When MRIB was $.0006 we heard a bid at $.0005 was nonsense. Then when MRIB gets to $.0005 and we get a big bid at $.0004, same nonsense excuse. Well it's been consistent as heck and now we're looking at $.0002 and a bid of $.0001. Won't be long now.

Could get interesting. Assuming we are seeing more convertibles maturing and just about all the deals have been delivering shares at $.0001 it begs the question of how desperate they are to get out. Given that most of the convertibles were also discounted to cash there's still significant profit even at a break even on the stock but will they hold out for 130% gain versus 30%? Looking at the state of MRIB, lack of activity and uncertain future coupled with virtually no real sales revenue over the last 18 months and a company whose basic legal standing is in serious question, I'd bet some of these lenders might bail at $.0001.

Not sure I'd agree. The last "gestation" period was over three years. I also don't think Margrit can pull off another version of MRIB at least not in terms of vodka as the product or using the Marani brand name. Not only has Margrit destroyed the brand but she has allowed the symbol MRIB to become toxic. The only thing I can see is remaining dormant for a while and then reverse merge it with some other product as a new company. Hard to say whether the reverse split comes before or after but I'm sure it would be part of any plan.

As far as the current dilution it's really insignificant. Margrit's credit ran out long ago. I think what we are seeing is just the remnants of the last few dollars she pulled in many months ago and spent many months ago as well. I'm sure as MRIB was winding down back in September a year ago the deals became smaller and smaller. Couple thousand here and there to keep up her car payments, insurance and maybe some walking around money.

So Margrit issued another 38 million MRIB shares most likely for a payment of $3000 or so in cash. Probably less. Just an ATM withdrawl for her. What would she even spend $3000 on other than herself? There should be no expenses left to pay. MRIB is not doing anything. They're out of business and have no legal standing in any state. Maybe she has nothing left from the $4 million she took out in 2010. LOL.

Still waiting for someone to explain the $25K in total inventory reduction against $100K plus in reported sales. Books are cooked! It would appear that MRIB has sold less than $1000 a month in vodka since their rebirth and even those sales are suspect. But she keeps spending $100K a month in expenses to get those staggering sales numbers.

Gold, I'm headed to Atlanta at the end of the month with a side trip to Florida. Can you tell me where your friend who bought "palletes" of Marani is located or any other of the many new locations in the Southeast you claim can be found? Maybe you have the names of the newly hired MRIB reps down there who I could meet with? And also, what's the deal with the MRIB website? Has Margrit said anything to you? It's been down for months now. How can you run a company in this day and age with no web presence? Tells me that MRIB no longer exists. When you update a website you keep the old one up until the new one is ready to go live. I'm actually doing one this week. But a "Web site under construction" is either a brand new start up or a company that is out of business.

Like I said earlier in the week when MRIB at $.0004 was being touted as a bargain, lotsa' $.0003s and lower available. Just gotta' give those zero basis holders some volume to chew on. Heck, they're even taking $.0002s now. The end of MRIB is nearing. No sales, no revenue. Just mounting debt, expenses and further dilutive selling.

We heard about new sales in the Southeast. Didn't happen. We saw new Costco stores added to the retail availability list on the Marani web site which went dark a few days later and remains shut down. Calls to those "new" locations proved that many of those locations listed do not carry Marani at all. Just made up MRIB propaganda. Margrit fiction at its best. Plant the seed and than hide the source.

We heard about a relocation to Nevada but for four months MRIB has been in default status there. MRIB claimed almost $60K in sales for their last reported quarter yet they reported only $22,000 in inventory reduction, which oddly, accounts for almost all of their sales for the last 18 months. Simply, the books are cooked. MRIB has parked more than $85,000 in supposed product sold in A/R including $51,000 on $56,000 in sales in just the last reported quarter.

The bottom line is that MRIB has little to no sales. It would appear that they basically have $85,000 in what has become uncollectable A/R. A typical situation resulting from parking product. All smoke and mirrors. Phony sales. Problem is it's a lot harder, and a far more serious issue to dummy up revenue versus playing a few games with the books and balances. There's also the issue of MRIB's actual ability to sell any product legally. I have yet to see anyone address that. The FTB has vacated their California license and they remain in default in Nevada. How can they operate at all?

Unfortunately, the MRIB train never has and never will leave the station. The dumping continues. Is anyone delusional enough to believe that MRIB holds any value as an investment? No one is buying based on $25,000 in sales in a year and a half and what looks like the lack of even a legal entity to sell anything at all. MRIB is still in default status in Nevada and continues to be subject to an FTB shut down in California. If MRIB is selling anything I'm not sure how they're doing it legally.

No doubt there's some bucket shop operators dialing for dollars and retailing shares out to the unsuspecting investor telling them MRIB is undervalued and ready for a rebound. LOL. Funny how these MRIB dumps always come after a spattering of lame news and events. Fins, new CFO, hokey marketing firm and yet another hip hop event and then BOOM! 50 million shares get dumped at new lows. If folks were holding why would we see millions of shares all the sudden at new lows? Because it's stock doled out by Margrit to herself or whomever at $.0001, services or part of yet another wildly discounted convertible debt disaster.

$.0002s are here. MRIB heading to zero. No sales. No revenue. Dead company.

Still no proof MRIB didn't go out of business back in October 2014. No real product sold in a year. New COO is a ruse. New marketing company is a farce. Only $25K in inventory has left the stock in 18 months. The books are cooked and MRIB is publishing sales that aare not real. Just parking product hoping anyone will believe in this stock selling scam. Does anyone really believe the millions of shares being dumped this week are anything but zero basis shares? Margrit and/or her cronies are selling. That should tell you about the confidence level of the insiders. Not long before they start taking $.0002s.

Not sure, but I don't think MRIB has a current license in Nevada. Liquor control board search shows no record. So if that's the case, the statement that no Las Vegas venue serves Marani vodka is 100% accurate.

Like I said. All the shares you could ever want at $.0004. Honestly I think those were wash sales to try and get interest going. Just MRIB insiders trading cashless trades to give an indication of life. I think the stock is probably dead as far as getting new blood in. Gold, you want 5 million at $.0004 you'll get it in a minute. But you're going to get stuck with them there because no one but the insiders trading with no cash aaaare trading at any value and you're stuck. No one in their right and will spend any serious coin above $.0002.

You're wrong. Plain and simple. Doesn't matter though. MRIB will not report. They have sold less than $25,000 in product in 18 months. Dead company. Will be $25,000 after a year. Dead company with no sales.

There are no interested buyers at $.0004. Not worth it. The free share holders looking to sell can't risk losing a level selling for chump change. I guarantee that if you put in a $3000 buy at $.0004 you'll get every last share in a heartbeat. Might even get it at $1000. But they're not going to dump for peanuts and lose their $.0004 level and wreck the market for future dumping.

I think MRIB thought some more phony news might get some market price support but no one's buying it. But someone wants to sell some shares in a big way. A certain Indian for sure. The new marketing firm is a total work of fiction as well as the new CFO. Just another attempt by Margrit to feign the appearance of life and an ongoing operation. $5000 in real sales for the entire last quarter. Less than $2000 a month? Yea... I don't think there's even been a sales call in the last eight months. And that's just the reduction in A/R. Actual inventory barely moved.

I'm sorry but you are incorrect. it's 90 days, not 90 working days or 90 days with any holiday exemptions.

OTC Pink® Basic Disclosure Guidelines

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2. For each Fiscal Year End, upload an Annual Report within 90 days of the fiscal year end. The Annual Report should include:
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MRIB took the flippers out of the market. The PPS has gotten so low and the trading so thin that the free shares can't get dumped without sacrificing future sales. The flippers aren't willing to put up the cash for the volume they need so they're sort of stuck other than playing the cashless trade manipulation game, pumping it up a fraction and dumping small blocks here and there at larger volume taking the spread.

I'm sure you could buy as much as you wanted at $.0004 if you put in a big enough order. The MRIB insiders aren't going to whack the PPS for a $150 order. Cough up $3000 or more and I'd bet you could easily get $.0003s. $10,000 gets you into the $.0002 range.

The odds aren't very good of getting MRIB fins on schedule. In their entire history I don't think they've ever reported on time. It's always been a case of delaying the consistently bad news for as long as humanly possible to sell as much stock before the bad news hits.

$25K in actual sales in the past 18 months isn't something MRIB wants to advertise if they can help it. Doubt the year end sales will reflect much more than that $25K in total sales either other than maybe some more imaginary sales like what we saw in the last fictional quarterly report. It's very doubtful that much if anything was sold in Q2 2015 and that would be all that would be added to the current annual balance of $25K to end of Q1 2015.

The next MRIB financials are due no later than September 30 regardless of holidays. It's 90 calendar days from fiscal year end, not business or market days. The only delay would be the inevitable MRIB extension of 15 days or just plain non-reporting and release when Margrit feels like doing so.

The new marketing firm is as much a scam as MRIB. Check out their supposed brands and their websites. Either all go back to the marketing firm or are a collection of dead links and "Coming soon!" Messages. Notice also that there is an "Investor information" link on the marketing site. But you have to register... Just another scam to harvest gullible investors. Fill out the form and I bet you'll get a call within 24 hours looking for a $5000 investment in unregistered securities.

C'mon Margrit. Put another buy in at $.0005. Trade some dollars with your other accounts to give MRIB investors some confidence. Every one of these trades is bogus. Just Margrit trying to support the price. But no one will bite because the scam has been so exposed. $2 million in expenses that can't be explained for MRIB. Where did it go? The imaginary Wine Plant of Eraskh? Zodiac Brands which Margrit is an officer of? Where did Margrit spend $300K last quarter with no expenses other than $525 in marketing? Hermes bags and Rolex watches. This is the biggest con I've ever seen. Gypsy thief. An Iraqi criminal who found a way to rip off the public. Sue me Margrit. I want to depose you. We'll find out what you did with the money. That's all I want.

This is much ado about nothing. No different than announcing a new CFO a few months back who never materialized. The bottom line is that MRIB has shipped roughly $25,000 in product and collected somewhere in the neighborhood of $17,000 total in eighteen months of operation. Meanwhile MRIB has converted stock to the tune of close to $2 million lining the pockets of Margrit and her siblings with fictional business expenses at the expense of shareholders. The smoke and mirrors show continues. And this ghost of a CFO/COO is just that. His first company Secure Resources, Inc., which he claims to have founded, has more complaints against it for fraudulent investment scamming than you can count and was under investigation by the state of Arizona for activities from 2004-2006. Mr. Elder left in 2006 for a new non-revenue producing stock selling operation. To date that company has also not generated any revenue... ZERO.

MRIB has had 3 CFOs in the last 9 months. That's certainly a sign of distress. And announcing such is far from out of t he ordinary if it keeps the stock alive. What is MRIB going to pay him? In vodka? Any salary would have to be paid in stock as MRIB has no money and at current rates that would add another two billion shares. And this guy's track record is atrocious. Not one company he's worked for has made a dime. All show no revenues in fifteen years! And all of the sudden he's going to be able to sell vodka with no experience in the space? This is simply another Margrit ploy to signify life in a dead company. Sell some more shares and pick a few more pockets.

Well, Margrit is really scraping the bottom of the barrel with this guy. Three companies in the last 15 years and not a dime in revenue. Lots of stock sales though! And MRIB has made him COO as well. This just tells me Margrit and MRIB want to fortify their stock selling opportunities. But the guy is a total loser and stock scam expert.

Ok Gold. I'll play. Honestly, how would you characterize the latest financials? MRIB has only moved $25,000 in inventory in eighteen months and all of that was out of 2010 stock. Cash collected is less than $15,000 over that same eighteen month period. $15,000 in real revenue in 18 months? Explain that. It's in the financials. It's an undeniable fact. Less than $1000 a month. Yet MRIB spends more than $300K a month in expenses. For what? $175 a month in marketing, advertising and promotion? MRIB has no other expenses! Margrit says she isn't paying herself. Where is the money going?

You continue to claim MRIB has all sorts of new sales. Where? Who? The only thing I see are A/R that are WAY past 90 days and continue to grow with no reduction. How do you explain that? How can a company even exist when 90% of their revenue is in A/R past 90 days? Never do we get a single detail or a location either. MRIB investors have been searching high and low for new Southeast distributors and retailers you claim MRIB has secured yet no one can find a single one and many have sought them out. New sales people you claim. Who? Where? How can they be contacted by interested parties? My lord. MRIB doesn't even have a web site to find a location to buy.

MRIB has been distributing nothing more than false information and you appear to have bought into it and promote it. Why? You are one of the few that claim to be in contact with the company and Margrit. Can you expand on the detail or are you simply fabricating the information in hope of keeping the trading alive? I think it's time to put up or give up. MRIB is clearly a scam. And tell me, in your discussions with Margrit have you ever discussed her need for a Hong Kong shell company for a company that sells less than $1000 in product a month? Doesn't make much sense.

Honestly Verax, I don't think Margrit can pull off MRIB 3.0. The news is out and the cat's out of the bag. I still contend that MRIB was shut down back in October. The latest financials show so little real revenue when you read between the lines that it's hard to believe there is any operations going on. How Margrit spent $300K in three months is another story.

Look at the facts. In eighteen months what the financials show are what looks like phony sales. They just keep claiming sales and whacking up A/R but never show any payments of significance. It would appear that since the start of MRIB 2.0 they in reality have sold and collected on only $15K or so worth of Marani vodka. If you total up all the gross sales since their rebirth it totals $102K. But their A/R is now up to over $85K.

Furthermore, they show only a $25K depletion in inventory against those claimed sales so they are obviously booking sales not shipped. That's pretty much a big no-no. I'm thinking that all of these one off Armenian stores and so called distributors in Margrit's hood are just locations for parking product, real or fictional. Sales to Remedy Liquor alone would have brought in over $5,000 in cash. Where is it? Costco if all the stores MRIB claims bought should have generated $15,000. There's just two locations and already $5,000 more in what should be paid for product yet the books don't reflect it.

And then there is the two new containers. The first went on the books in June 2014 and has sat untouched for well over a year. They haven't even cracked it yet. Increased demand? LOL. The second in January 2015 I'm convinced went to an entity other than MRIB or was just a doctored BOL to give the impression of impending sales. It's not on the financials at all. The records show that MRIB still has $76,000 in inventory left from MRIB 1.0 for God's sake!

Lastly, $525 for marketing and advertising for the whole first quarter? No one's trying to sell vodka. I'm sponsoring an event this week at Laguna Seca and spent that just on my golf cart rental for two days! $175 a month is not going to sell anything and that's why I don't think they're even trying. Just trying to keep the illusion alive to trade stock. And given Margrit can't get any more convertibles done you have to wonder where she came up with the $300,000 last quarter. Hmmm....?

But where is Margrit getting the money and what is it being used for? There are no MRIB operations cost to speak of and only $525 was reported for sales and marketing expenses last reported quarter. I can't imagine how she could spend $300K in three months. And as I said, where is the money coming from? she's not selling any vodka so the only other thing she's got to sell is stock.

The company didn't fail. They succeeded. It was a scam in 2008. It was a scam in 2014. The absolutely succeeded. Just not in the way that shareholders would have liked to see and got duped into the scam. There was never any intention to sell vodka. How would you characterize a $525 marketing budget for an entire quarter while other expenses were $300K? What was that money for? Where did it come from? Selling stock and that was the business plan of MRIB 2.0 right from the start.

Chewy, with all due respect, I've asked what you think they are spending money on. You've never responded. You claim they need to raise money for operations. What operations? No rent. No employees. No capital expenses. No product purchases. No advertising. No marketing. No promotion. And they don't pay their taxes! What is it that MRIB has been consistently spending $100K plus a month on for almost ten years?

Only $25K in inventory has left MRIB. Yet they claim $100K in sales in the same period. Trading theories and market theories aside you also stated a company needs to have certain fundamentals to avoid bad situations like a reverse split. MRIB obviously is nowhere in the ball park. $25,000 in product actually paid for in 18 months? The company died in October 2014 and it did on purpose. No web site. No Eraskh Winery. No Zodiac Brands. No Eco Investments. The list is long. It's a scam and always has been. It was designed as a scam.

Here's some more interesting financial details. The latest report shows no cash from convertibles coming in for 2015. There were $300K plus listed as expenses. A/P only went up by $62,500. There was no cash in the bank at the start of the year. The $9000 overdraft could be accounted, improperly, as cash I guess.

So I'm wondering how MRIB could record $300K in paid expenses when there was only $71,500 accounted for? As for the $34,000 in net sales, we can forget about that because they whacked up A/R by $50,000. So where did the other $228,500 come from to pay those expenses?

Let's assume the obvious. Margrit went out and did some more last minute desperation deals for cash. At current PPS that would represent almost 800 million shares in convertibles. Now all the discussion in the report about Bodie and compliance makes more sense. MRIB is in big trouble on shares. If maxed out before Bodie even rolls along the stock will be diluted already and MRIB will be looking at a need for billions of more shares.

I think Verax is correct. I don't see any way MRIB can avoid doing a reverse split. Unless someone can figure out some other way Margrit pulled almost a quarter million dollars out of her arse it's all pointing in one very bad direction.

I'm not sure what is "looking good" as all we've seen in the last eight months is a massive train wreck. As far as salesman and product getting out, where are you getting this information? There have been no announcements, no publicly available evidence of such and no names, contacts, places, etc.

The job postings were obviously fabrications and were directly tied to an AdChoice marketing program that followed around anyone who went to MRIB stock boards barraging them with the postings. Funny how when I went to Yahoo Sports the job postings for MRIB came up! Regardless, do you have any real information regarding these sales people?

And as far as product getting out there... Where? Are you aware of new locations, new states? You made this same claim three months ago and there still aren't any new locations in the Southeast for example. Even MRIB, who went the trouble of adding a number of "new" locations to their available at list had not added anything outside the State of California. I called for availability at six of the "new" Costco locations and none of them carried Marani.

So to make this claim of product getting out there you must be aware of new locations, right? Either that or you are simply fabricating the information. Which is it? Without any confirmation these claims must be discounted as nothing more than stock promotion and a pretty desparate and misleading attempt to maintain any hopes for MRIB shareholders.

Sitting on what is most likely 4 billion shares on $25,000 in gross sales? MRIB isn't worth $.00001. My math is correct. Yours is way off. Explain the inventory discrepancies? Where is the December container? Why is it not on the balance sheet? Website shut down? No offices, employees or apparent operations. MRIB is dead. died in October 2014. Margrit took the money and ran. FTB lien in CA and no selling allowed in CA? Certificate rejected? You're delusional if you think MRIB is even alive at this point. No one is selling because they hope MRIB will come up with some more lies to get a pump and a little bump. Won't Happen becasue at this point it's all untrue and publishing it will send people to jail.

Still no website for MRIB. How can a company not have a website in this day and age? This should be good confirmation that the company has shut down. A lot easier to shut down the web site and hide all of the fraudulent communications than trying to edit it to avoid criminal liability for stock fraud. Just getting rid of the evidence and hoping the statute of limitations beats any investor complaint or legal action. No different than MRIB 1.0. Hide for two or three years and cross your fingers. Penny investors usually don't have a pot to piss in or a window to throw it out of and hiring a lawyer is a long shot and minimal risk for Margrit.

No buyers. MRIB is way overpriced at $.0003. No value.

Where is the container that was scheduled for Brazil that was supposedly re-directed to the US to meet higher demand? It's not on the financials. It was received at latest in January according to the BOL. But it's not recorded on the MRIB inventory. Was the BOL bogus and mocked up by Margrit to cover the lies? Brazil, tax stamps, increased US demand?

And how about that increased US demand? MRIB 2.0 started out with $102,135 in inventory on the books (01/2014) reported on the Q1 report. Since then the original inventory has been reduced to $75,892 as of the latest report. In June, it is assumed a container arrived which is listed as $114,736 in a number of different categories in each of the last three reports. That number has not changed since first entered which means that MRIB hasn't even cracked that first container! There was no increased demand. All a dog and pony show to make investors think there was.

Bottom line is total inventory has only been reduced by roughly $25,000. That's the total product moved according to MRIB's own numbers since January 1, 2014. Yet MRIB shows $102,019 in sales for that same period. How is that possible? I think Margrit got creative with the books. During that same period A/R increased to over $85,000. So, ACTUAL sales for the period appears to be something in the neighborhood of $17,000. That said there is an adjustment to inventory in June of around $5,000 and let's just say Margrit gave away 50 cases for her crummy events. That brings inventory out to just around $25,000. Pretty simple accounting. So actual sales for MRIB 2.0 could only be at most, $22,000 for the last 18 months. Just a fact.

In addition to cooking the books, I think that almost all of those actual sales were to Costco. A small balance to the fringe retailers like Total Wine which was only ten cases and the small independents selling online. Doubt Restaurant Depot has sold anything. All the rest of the reported sales I'd say are suspect. Remedy Liquor, A-1, etc. Just Armenian friends of Margrit in Glendale or perhaps Margrit herself parking product and whacking up the A/R. No cash transacted, just a paper transaction and opportunity for PR and speculation on a fraudulent event. It's all in the numbers folks and these books are COOKED!

Criminal liability for MRIB and Margrit? It seems to me a pretty good case could be made on the issues of disseminating fraudulent information but the most blatant act by Margrit is in the latest admissions regarding taxes. The consequences for not paying payroll taxes is often administrative oversight and usually does not result in prison time, just financial restitution. But in the case of "willful failure" to pay payroll taxes the penalties can and often do end in criminal charges, prosecution and jail time. $300,000 is a serious matter and if Margrit meets the tests of willful failure she would be personally liable for all amounts due and any criminal charges as the corporate veil is automatically pierced by the tax code. It would appear to me that Margrit not only meets the test but meets virtually all of them:

(1) has power to compel or prohibit the allocation of funds;
(2) has the authority to sign checks;
(3) has the authority to make decisions as to disbursement of funds and payment of creditors;
(4) is an officer or director of the corporation;
(5) has control over the company’s payroll;
(6) prepares and signs payroll tax returns;
(7) actively participates in day-to-day management; or
(8) hires and fires employees

Here's a recent example for for roughly the same amount of unpaid taxes MRIB and Margrit are currently responsible for:

Nebraska Couple: Husband and Wife Both Get Prison Time

Michael and Laurie Russell, of Hickman, Neb., were sentenced to prison terms (16 months and six months, respectively) for failing to pay over employment taxes. The Russells were also jointly ordered to pay the IRS $311,486 in restitution. According to court documents, the Russells jointly owned and operated a window installation business, for which they withheld employee income and FICA taxes, but paid none of it to the IRS. The couple lived a comfortable lifestyle and could afford to pay the taxes, but apparently chose not to.

“Business owners have a responsibility to withhold income taxes for employees and remit those taxes to the Internal Revenue Service,” said Sybil Smith, special agent in charge of IRS Criminal Investigation. “We are committed to pursuing those who violate the employment tax laws” (U.S. Attorney’s Office, District of Nebraska, Press Release, July 30, 2013).

Indianjose, just because there is Marani already on shelves and available here and there doesn't mean they can continue to sell under FTB forfeiture of their certificate of qualification. MRIB cannot sell in California, plain and simple. On a side note it is curious... There is no Costco in Culver City where you claim a Marani purchase was made. It's in Marina Del Rey. The only other one who made that same exact mistake is MRIB on their former web site. Funny that you made the same mistake.

MRIB is in FTB forfeiture in California. By statute that means they have surrendered their certificate for intrastate operation. Theoretically they can't even open a post office box in the state let alone use it as an office address which is also stated in the statute.

As far as sales? They are all on paper. MRIB reported $50,000 in sales yet only depleted inventory by $25,000 and added $50,000 on to their A/R. It's in the report. Black and white.

As far as buying product already on shelves, FTB can't do anything about that. Just because there's product on the shelves purchased by honest folks months ago for resale doesn't mean MRIB can go out and sell more product. Good Lord. There's Marani vodka that's been sitting on shelves for five years! But again, by statute, until MRIB pays off the FTB they are forbidden from new sales in California and I would assume any and all proceeds in any attempt to do so would be garnished.

MRIB not allowed to sell in CA. As a matter of fact, all sales in California are fake. They haven't sold shit. Loss of $300K is all Margrit. Not any documented sales. Just a paper transaction. This company went out of business in October 2014.

Who says there will be a new site? Perhaps it became a liability. They did list 12 new Costco locations where Marani Vodka is available. I called six and not a single one had Marani on their shelves. I quit after batting .1000. MRIB has obviously resorted to outright fraud. Reporting more sales than inventory moved. Listing new Costco locations that don't exist. Just putting it out there in ambiguous form so the promoters can speculate something is actually happening.

They way I book it, MRIB has $85,000 in A/R with an allowance for bad debt at $35,000. Total sales for the same period is $102,019. Have they actually sold ANYTHING? Sure looks like a negative. That's what happens when you improperly book shipped not sold and get returns. Who knows. Maybe they booked $18,000 in product giveaways. Either way the books show no revenue. They actually show almost $60,000 in imaginary "paper" sales when matched against inventory. Sidenote... the container shipped in June 2014 hasn't been touched other than moving it around as a non-inventory category on the books. Still at $114,736. The supposed Brazil shipment that came in December 2014 is looking like a phony BOL. Doubt they ever got any further shipments. If they did it's not on the books.