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"In the works..." Common theme with MRIB. Yet rarely does anything happen and when and if something does happen it is a fraction of what was promised or originally announced. Just teasers to support their business which is selling stock. There is no money in the vodka business for a company with 4 people, no marketing or advertising and no cash. It's far too competitive a space. No matter what they do, MRIB has no hope of profit in the vodka business whatsoever. It's just fact. Powerball would be a far better bet.
But selling stock that they got for nothing is very profitable. No cost of goods, cheap marketing and promotion, huge margins. No skill or talent needed. That's what you're seeing folks. A money printing machine sucking the life out of unsuspecting investors fooled by deceptive PR and endless pumping based on fictional events and numbers. Anyone who buys this stock before the financials come out next month is going to lose their money. Guaranteed. You'll be able to pick this stock up for $.001 or most likely, a lot less in a couple of weeks if you really still believe in this charade.
End of business in Armenia Tuesday. Still no shipment through customs. Not looking good. I thought this shipment was ready to go two weeks ago? Starting to look a lot like 2009.
Hear the sucking sound? Whoosh! Zero cost holders are absolutely loving this. Every time they dump a million shares and the price tanks someone jumps in and buys it back up with a $100 trade. This is what I warned about last week. No matter what the longs and those under water and holding do to support the price, it's no match for he zero cost basis hammer. No more bumps in store. They're all used up. The cheap attempt to give the illusion of support and demand for the stock is futile and good money after bad.
If there is an announcement it won't contain details. There's no deal of significance in Brazil. All a ruse. Watch for the big sell first thing in the morning. They've been doing it every day for two weeks. The longs trying to buy it back up is failing. Straight down from here with no recovery in sight. The zero cost guys will just hammer it. Now new bump coming.
I'll bet it's more than that. I think they're delaying it. I'll bet it's already at 650-675 million.
605... not 505. You were misquoted. Probably more than that. the TA seems to be late in reporting. Should be 700 by the end of the month.
Because they have carried of a terrible fraud for ten years. They've blown through $30 million dollars. REPEAT... $30 million. Smell the coffee. They're doing the same thin they did five years ago and everyone is saying it's different this time. Carbon copy. Margrit gets $10 million, investors lose everything.
Show me where sales reps have been hired. Show me where the company has received any foreign income. Show me where any more shipments have been made. NONE. I am right, you are wrong. Nothing has happened. Nothing has transpired. All talk and hype. There are no revenues and no sales. Just hype and fictional contracts until they deliver. We've all been waiting a year for delivery and nothing. Shipment was to be today. Didn't go out. Brazil distributor still dark. Sad news coming. There will be excuses. Let's see how many people fall for them.
Over two million willing to sell at the low. What do they know that we don't? That Margrit is a sham? I'd say so. Look for sub .001 soon. Darkness is coming. No more bumps in store and the penny game is over. Massive losses coming. Sorry Linkvest but the facts speak volumes. No contracts. no shipments, no new retailers, no revenue. It's all over.
No sales reps hired. FACT. This is all hype created by investors totally under water on this POS. They need newbies to get them their profits. DOn't do it. You will lose your investment.
No national commercials coming. All BS. You will never see Marani on national TV. MRIB has lied about that because they don't have the money and the ad sucks. To air it would be stupid. It was a ploy to make investors think something was coming. A cheap video at best. If they run it it will be a total waste of money because it is terrible.
MRIB has been reporting false numbers to OTC for over a year. They even got a lawyer to confirm the false numbers and they remain in place to get new investors suckered in. They update al the numbers that help them and keep the real numbers from being reported. Total scam. No transparency. total deception.
She did not put a penny up of her own money. That is absolutely false. Look at the books. She gave up 3 years of pay while the company was inactive in return for $5 million in stock not to mention her $500,000 severance deal. She hasn't put a plug nickel into this company.
Here's the Brazilian Distributor:
http://www.qlimaxbrazil.com
Pretty embarrassing. Total loser.
What would you like a link to? Their filing exempting them from reporting? Their unaudited financials showing $2500 in gross sales? Their bill of lading showing import of ONE container for the entire year? The claims of product shipped to India in 2009 that never happened? Margrit's self appointed severance plan and stock bonus for rehiring? Documentation of the $30 million accumulated loss? The three siblings employment contract for $200K a year? The web site for the shut down Brazilian distributor/partner? There are a lot of links that I could post but they've all been posted previously. It always amazes me that when bad news is confirmed longs will always go to the "if there is no link it doesn't exist" but they will tout the stock on unconfirmed speculative only news with absolutely no information whatsoever.
The red flags on this company have exceeded scam levels. Dilution and management greed are unquestionable. Just look at Margrit's $5 million on stock compensation for tanking the company. If that isn't a big red flag I don't know what is. She and her siblings are useless as management and Dan is a fraud who can't seem to sell 50 cases of Vodka in a year despite 30 years of experience. But they've sold many. many millions of shares of zero basis stock to the retail market for profits so far exceeding vodka sales that it makes vodka unimportant. That's the bottom line. Get ready to go dark in two weeks. It's inevitable.
Just check OTC. They have refused to change the O/S. IT's well documented. Still listed there and every brokerage site as 170-179 million shares. It's an outright deception. That's how a scam works though.
The only thing getting slapped are the opportunists who thought their was a final bump left in MRIB to make a couple hundred bucks a day day trading it. The game has come to an end. Every time an attempt to buy cheapies is made the zero cost folks will sell off enough to make their exit and the PPS will never see positive numbers again until the doors close next month just like 2009. Game, set, match. Congrats to Margrit for pulling it off a second time. Losses this week will be huge when all of Margrit's good news is realized as unconfirmable blabber with no details, numbers or real data. Just a lot of talk and probably a myriad of excuses for the Brazil fail. Bet she'll have a tan though!
What's misleading? They reported 170,000,000 shares to OTC, got a lawyer to write a letter confirming it was true when it was actually a blatant lie, refused to file audited reports and offered no details, terms or numbers regarding operations. I ask again, what's misleading for asking for a few of these things from a supposedly public company?
Verax... this list is not opinions, BS, or lies but only facts that are verified and proven. I would have been gone long time ago if I didn't see the potential here that will start to happen in a very short period of time. I honestly believe and these no doubt that this will be a .50 stock by next spring. There is no reason why it won't be. The sales are starting to take off, more and more distributors and stores are taken on Marani Brands.
Once the Winter Q's come out showing possible Rev's in the millions MRIB stock will run big time and rightfully so since MRIB has:
Real Company products
Real Rev's
Real CEO with a great management team.
Real verified products on the shelves at retail stores.
Real transparent company
Real business plans and execution history.
Real National Advertising Campaign
Real National Sales Reps
Real International contracts worth over 120 MILLION DOLLARS
Real contract and on the shelves with COSTCO and other possible other national chains.
Shipment is on it's way to Brazil 9-15-2014
National Commercial is finished professionally
Margrit is in Brazil to ink the contracts for MILLIONS
You'll get news alright. You'll get PR and a Money TV and probably news of shipments. What you won't get is a single detail or number related to any of it.
It will go a little like this:
"Brazil went very well. We're very excited. The shipment is being prepared and the LOC is signed. We are preparing the ad program for Brazil and should be seeing that soon. We will probably increase production in order to accommodate the international programs. And Costco sales are going great. We're extremely pleased and looking forward to expansion which is being worked on. The ad for the US is being finalized and we hope to have it going shortly. Blah, blah, blah."
It will go on and on without any details, terms or numbers. Absolutely no specifics, just a bunch of happy horseshit trying to keep the charade going.
So remember when you hear no REAL details or data nothing is going to happen as promised or represented.
This stock has become a nightmare to hold.
However I am a stuckholder with the longs, down way too much to get out now.
We need some really good news to get this back to .01
At this point I hope it goes to .003 then I will buy more.
LOL... and I'm sure the person that answers the phone has all inventory levels at her fingertips and is willing to share that information to Mr Joe Smith that is calling in as well as provide company sells numbers for you......get real!
This company is real and products are actually at selected Costco stores. But what I don't understand is the over exaggeration of Mr. Dan Senters of how they have been selling out at Costco. I have called every Costco with Marani Vodka and on average they have been selling one 1 liter bottle every week; however, at a couple they have sold 8 bottles last week. this is still good BUT WHY ARE YOU LYING DAN???
Sure you can short MRIB, follow the link, open an account, and ready
The LOC is effectively a guarantee of payment on delivery, not before delivery.
She's coming back with a worthless piece of paper. Pretty simple.
Still have not heard from a single person as to the Brazilian partner Marani has engaged who seems to be out of business other than creating banners and fighting lawsuits from unhappy clients. Sort of a red flag there. Mr. What's his name in Rio is still dark. No web site, no clients other than maybe Marani. This is all really starting to look like a ruse. Hope Margrit had a nice vacation in Brazil. Window dressing did the job and held up the distressed PPS for a couple more weeks while the zero cost guys could unload on the unsuspecting newbies and gamblers. Don't worry. It will all be over in a few weeks. Don't thnk you're going to get that bump though. The selling will be massive ahead of the financials. They know what we don't. They're insiders. Every morning first thin you'll see a big unload and then a patient wait until the longs buy it back up a little on $100 trades. At some point they'll just get out, unload for whatever they can get and be done with it.
And what happens when there is no more stock to sell to pay the bills? They're not selling anything else. That's pretty evident. Girl Scouts sell more product outside 14 stores on a good weekend. The scam is revealing itself rapidly. Just think about the $5 million Margrit got in stock compensation. Doesn't that make you just a little bit upset given the results and the massive dilution which she PROMISED on Money TV in December last year was not happening and not going to happen yet at that time it already had! Very simply she lied through her teeth. Just like 2009. She's a gypsy con artist who will stop at nothing to suck up every last dime she can from unsuspecting investors while the penny players join on in supporting her efforts as the world's best liar which someone alluded to earlier.
And think about the gravity of that comment. Support the world's best liar in the hope of making a profit off on a bump off of one or any of those lies off the unsuspecting naïve investor? Wow. Some traders have the morals of snakes. Maybe I'm naïve to think that kind of attitude is morally disgusting.
Talking about the CEOs salary??? I make about 150k a year and you would throw up if you knew what I do... lol Her salary is pennies...
So, are you saying over hundred thousand gross for the first real quarter of selling? I will take that for this quarter. I know its not great, however if mrib can keep this progress up for a year where will the pps cost! Thats why I am here! Long term, big money!
Vodka sales are going to surprise everyone. Nobody knows how much was in the old inventory reserve. Did we sell wine because belgian shareholders dd says we have wine in stores?
Do we have wine sales?
Exactly...Brazil never happened as PR'd...hello ?
Not an opinion. By definition the company is insolvent period. No debate. Their liabilities out weight their assets. How can you argue that? They are broke.
Company is insolvent and headed towards bankruptcy Just a fact. The stock will be worthless in less than three weeks. Absolutely worthless. $30 million in losses and only $10,000 in sales. But Margrit made out like a bandit. Made over $3 million.
Expansion by $400 a month is an exaggeration. So sad to see what depths the longs will go to. Won't even pay a phone bill.
What doesn't make sense? Costco clearly states such as their policy on new products and tests. They neither want to launch a new company nor be an exclusive reseller except as it applies to other club stores and they often have agreements that they will be the exclusive reseller just in that retail space and/or they will receive a preferred increased discount as compared to those other membership stores.
Simply put, they do not want to be solely responsible for a company going belly up with too much dependency on Costco if Costco should elect to discontinue any given company's product.
The following is a direct quote from Art Jackson, VP General Administration - Costco Wholesale.
Your sales through Costco can represent no more than 20 percent of your total business. “If something’s not selling well, we’ll swap it out,” Jackson said. “We don’t want to be the cause of any business going under because they’re no longer dealing with us.”
An increase in the number of stores, even by ONE, is an EXPANSION! That's not even debatable!
I'd hardly call adding one store an "expansion", at least one of note. It also doesn't make a whole lot of sense and makes me wonder how this "test" actually works. Adding one store is basically a non-event. It's meaningless. Couple of hundred dollar deal at best. Hardly seems worth the effort other than Marani twisting it around for a PR. Maybe they only have a certain amount of space for these tests? There are thirty Costcos in the area and Marani is in less than half of them. Heck there's two in Tustin and they're not even in those. Are they paying a slotting fee? I think there's some details to the Costco deal we don't know about. Maybe the one store was on the original target list but wasn't available until now? Just weird. And if the product was going so great why add only one store? Why not the thirty others in the SoCal area? Seems odd that Costco would not take advantage of a product if it was in fact selling out on a regular basis.
So, if you say they'd have to be incompetent for adding a store if it was not doing great, wouldn't you have to say they are incompetent for only adding one store if they are doing so great?
Four months and one additional store in the same locale as the other 13? If that's "going good" I'm even more skeptical regarding overall Costco sales being anything but absolutely dismal. One store expansion is sad. Lame. He should have just kept saying they were working on expansion so people would think in terms of the whole chain. Saying they had expanded to more clubs was not only untrue but stupid because the truth would be told making those comments look dishonest and exaggerated. For investors to find out that expansion was just a single store was just disappointing to say the least. The real numbers and actual facts bite MRIB again. But hey, an extra $400 in potential sales for MRIB on consignment. Now that's expansion! Half of one of Magrit's car payments for the month. LOL.