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There are no revenues. You're claims are false and unsupported. The company is insolvent and bankrupt. End of story. Sell while you can and you might not get burned. The loss will be above 30 million dollars. Guarantee it.
$100 trade at 20% premium. Nice try. It's a dead stock trying to be saved by longs with $5 dollar premiums. Don't be fooled folks. The big money is exiting big time. Longs are painting it to try an protect positions. Stock is worthless as is the company. Bankrupt and insolvent. Any investment made at this point is a loss.
Millions being sold off at lows. Why? Because they know what you don't know. It's going dark soon and they need to get out. Almost done. They are being fed by the longs who still think there's a bump coming. I think time has run out. The zero cost guys will want to finish it up before Magrit get back from Brazil with her bad news. But I don't suspect she went down there on anything but vacation so it's moot. Just window dressing to make the final exit just like 2009. Carbon copy.
Trying to buy it back up won't work. The zero cost guys will just take advantage. Don't give them the vehicle. The $100 trade to try and make it look better is only going to give them more time to unload. Wait for the news and stop trying to prop it. You're playing right into their hands as they planned I'm sure. Brazil is a zero which we'll know for sure in ten days. Financials for the fiscal year will drop this well below $.002. Get out before the music stops. Even if there is Brazil news it has to be many, many millions to offset the loss. Not going to happen.
Zero cost guys unloading. Dump, dump, dump. They know the truth. Horrible financials coming that they're all privy to. They're just using everyone now. Make them sell, don't feed their machine.
Zero cost holders seem to be getting impatient... Unloading. A little too big on the volume to be day traders who picked up on the cheapies last week but you never know. Looks like controlled systematic selling from big holders. They sure are patient. Guess they're going to use all three weeks that are left but rest assured when those numbers come out end of month this stock will never recover. It will be in a hole so deep that dips and bumps won't be profitably anymore. They will literally show less than $10,000 in sales. That's not a company, it's a hobby. Selling stock is the business. Think about it, if Margrit and her affiliates/lenders/nominees all sold their stock issued out at par they've pulled in over $3 million net, net, net easily versus selling $10,000 in vodka. Where's the business? I think we all know now. Plus they've been paying themselves over a million dollars a year to do it! that's the ultimate insult to the unknowing investor.
Brazil distributor is dark. Brazil deal is a scam. There won't be any shipments of note. Just the facts. Same as India in 2009. It's all a ruse that you can't confirm. Why do you think it's like that? Create something that creates the illusion of huge revenue that no one can confirm. Perfect plan for the scam. Let eh longs do the dirty work and push the contracts as REAL when they're just worthless PR at the end of the day. This is a get broke fast deal.
Q4 will be a disaster when it's finally realized that Brazil is a sham and the Costco "expansion" of ONE store brings in a whopping 8 cases in sales. That is if we get to Q4. After the horrific Q3 results come out at the end of the month it could be lights out. Would save the trouble of explaining their way out of the Brazil debacle and other foreign contracts as well as the dismal failure at Costco.
It was just Dan. Talked about Margrit going to Brazil blah blah blah.
Worst Money TV yet. Bumbling commentary on absolutely nothing of substance. Confirmation that Costco expansion was ONE store was about the most material piece of information. The rest was absolute nonsense. Distributors are "scrambling"...? Paaaalease. Serving 14 stores? What rubbish.
Keep painting it folks. Ain't going to save it. No revenues. No contracts, No sales. Just stock sales and dilution. $3300 at most at Costco this month. Less than the car payments for Margrit and family. She's going to meet an out of business Brazilian business partner this week? gimme' a break. This company is total toast.
I think that's from another year other than the latest in 2007 but regardless they're still pretty far down the list. And as I said, it's like a little league game. Everyone gets a trophy at this competition. They pay to get in. They didn't get double gold and were far down the list on the gold awards so obviously the experts, according to Marani who touts this award like it was an Oscar, don't believe Marani is all that great.
To be a guest of the hotel and have to pay a cover charge to go to the bar? Yea. That would be a problem for many. You'd think Marani would at least make an arrangement to take care of the hotel guests. Just too cheap I guess. Anything they can't pay for in product ain't getting bought! With Orange County high school football season upon us MRIB has to start saving up for TV time!
Marani is not carried or served at the Venetian. The Venetian carries and serves Absolut, Grey Goose, Belvedere, Chopin Rye, Wheat and Potato and Ketel One.
You failed to mention "cash bar" and cover charge for non-members and hotel guests. Strictly second rate.
I did not say PGA, I said the hotel. And here you go...
Nice try. What I'm saying which we all now know is that the event has nothing to do with Marriott and Marriott will not be taking in Marani. Just Marani supplying a third party event which happens to be at a Marriott facility and a second rate event at that requiring membership and a cash bar! Cover charge for non-members and hotel guests. You'd think. Marani could put up just a little money to get hotel guests in! No different than someone renting a ballroom, conference room or other banquet facility for an event at the hotel.
The point is you are trying to infer that Marani is going into Marriott and that Marriott is behind the event. This is patently untrue. Yes, Marriott owns the location. Yes, Marriott owns the brand Renaissance and Renaissance Club Sport but they do not own or have anything to do with the operation of Leisure Sports, Inc. or their membership, or the events they put on for their club members whose membership has no connection to Marriott either.
It is just another MRIB attempt to throw out some buzz words, drop some big names and hopefully it gets spun into something it bigger than it is. LSI is throwing a mixer at the Marriott for it's members and they're going to serve some Marani. That's it. Nothing to do with Marriott hotels. Punto.
It's no different than the PGA thing. A third party operates an event at a big Vegas hotel and the next thing you know people are claiming Marani is the official vodka of the hotel! It's this misdirection and use of half truths that is a common thread in all the PRs and extremely deceptive. The amount of fabrication and speculation added to them by over optimistic investors desperately seeking some positive news simply does their dirty work for them. I'd bet a whole bunch of folks actually believed this party to be a Marriott event and an entry into the Marriott chain. Just not the case.
You just provided the proof that confirms what I said. Where does it say that Leisure Sports, Inc. Is owned by Marriott? It doesn't because they don't. Leisure Sports is simply a contractor. It just confirms what I said and that Marriott licensed the name Renaissance Club Sport. The only thing Marriott owns is the brand and trademarked Renaissance Club Sport. The deal Marani has is with Leisure Sports not Marriott.
Here's the announcement from 2005:
Marriott Announces Plans to Open Second Renaissance ClubSport Hotel
Full-Service Hotel and Sports and Fitness Resort to Be Located in Orange County, Calif.
WASHINGTON | Marriott International, Inc. (NYSE: MAR - News) and Leisure Sports, Inc. today announced plans to open a second Renaissance ClubSport Hotel. The unique boutique-style hotel and sports and fitness resort will be part of a new development phase at the master planned Summit Office Campus located in Aliso Viejo, an upscale planned community in Orange County, Calif. Groundbreaking is expected by year end, and the hotel is scheduled to open in early 2006. The property is being developed by Parker Properties and will operate as a Renaissance franchise, managed by Leisure Sports, Inc.
"ClubSport illustrates the essence of Renaissance -- lifestyle-driven elements accented by fashionable and stylish design and attentive and respectful service," said Sid Yu, senior vice president, full-service brand management, Marriott International. "The reaction to the first Renaissance ClubSport was overwhelmingly positive, and we're very excited to partner with Leisure Sports again."
MARRIOTT INTERNATIONAL, INC. (NYSE: MAR - News) is a leading worldwide hospitality company with over 2,700 lodging properties in the United States and 68 other countries and territories. Marriott International operates and franchises hotels under the Marriott, JW Marriott, The Ritz-Carlton, Renaissance, Residence Inn, Courtyard, TownePlace Suites, Fairfield Inn, SpringHill Suites and Ramada International brand names; develops and operates vacation ownership resorts under the Marriott Vacation Club International, Horizons, The Ritz-Carlton Club and Marriott Grand Residence Club brands; operates Marriott Executive Apartments; provides furnished corporate housing through its Marriott ExecuStay division; and operates conference centers. Marriott is also in the synthetic fuel business. The company is headquartered in Washington, D.C., and has approximately 128,000 employees and was ranked as the lodging industry's most admired company and one of the best places to work for by FORTUNE®. In fiscal year 2003, Marriott International reported sales from continuing operations of $9 billion. For more information or reservations, please visit our web site at http://www.marriott.com.
Leisure Sports, Inc., a privately held company, is a prominent developer and operator of high-end sports clubs and hotels. Based in California, the company has pioneered the "fitness resort" concept by building clubs that combine function with aesthetics and practicality with luxury. The company currently operates clubs in California, Nevada and Oregon serving over 30,000 members. For more information on Leisure Sports or ClubSport fitness resorts, visit www.clubsports.
MRIB, redefining the term early morning dump...
Nope, that's incorrect. That PR is a very MRIB style PR. Deceptive. Marriott does not own it. Leisure Sport, Inc. is a privately held company not owned by Marriott. They did a deal back in 2005 to put a couple of their gyms into five Marriott properties and licensed the Renaissance Club Sport name to them while LSI operated them. Only two made it the event location and Walnut Creek, CA. And those are the only two in the country. You'll notice there is no Marriott branding on their site other than the one location where the "event" is and that's the licensed Renaissance Club Sport name only. And that's all it is. A single event, single location, that will be supplied with Marani vodka for one evening, probably a case or two for the sponsorship cost just like all the other hyped exaggerated events trying to make them so much more than they really are. In no way does it represent being stocked in this or any other Marriott hotel property. That would have to be arranged through Marriott properties not Leisure Sports, Inc.
Here's the complicated part. They have 100 million shares left to issue. Could generate $100K. But that's less than their monthly nut. Cash has to be down to a hand to mouth deal already. Brazil is not going to happen and the partner there is not even in business anymore or so it seems. The whole Brazil trip looks like a ruse. Regardless, how are they going to pay bills with no product, no cash and no inventory let alone run national ads. Just do the math.
Wait till the impatient sell comes in at the end of the day... maybe tomorrow morning but headed well below $.005
No shorts possible. Total BS. Show me a short position taken. It can't be done legally. This is just a tactic by longs to try and get PPS increase on sentiment. You cannot short this stock. period. Just a lot of misdirection and misleading info. I will offer the following. Show me evidence of shorting this stock and I will double your investment.