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Renaissance Hotels is a worldwide brand of hotels and resorts. The brand is owned by Marriott International and many Renaissance Hotels are managed by Marriott; however, some are operated under a franchise license. Renaissance Hotels, Resorts and Suites cater to an upmarket segment of the traveling public.
Yes. She directly said, NO DILUTION. She had already done it. That makes her a blatant liar. The fact that she delivered those shares to a company that has the same BOD as Marani for $.0001 is shameful and probably criminal. This is something for the SEC to look at. I've already reported it with a precedent case on S series stock through nominees which is illegal. I can't see why the SEC shouldn't shut down trading on this.
Wait till the end of the day. Days are now running thin. The longs got the zero cost guys a reprieve and more time to offload with their euphoria and exaggeration of hooey PR and fake ads. Three weeks folks. Might make some money in between with more hokey prs but the music is going to stop. Don't be holding.
CEO Margrit never commited to a OS freeze...she...should...do...it...now.
Shareholders deserve a rise in PPS without anymore OS increases for a period of commited time.
Zero cost basis holders now taking advantage. Cant say folks were not warned. They're still being very patient. I'm impressed. Must have some more PR in their back pockets and they're all insiders so they know how to keep it going right up until the financials have to come out.
My father always told me... Don't play other people's games. That's what's happening here. The zero cost basis folks all know what's coming. We don't. Ours is a crap shoot, they have a guarantee. Good luck all but be warned.
Well I can only compare vodka and not Girl Scouts. I'm not here daily for the .008 to .01 range. A few ticks for a couple thousand is ok for some but I'm looking for a Bigger return. Games will end soon, just don't get caught without shares.
Do you know how many attend these events?
Fake companies don't have real products. I've ordered Marani and my family and friends love it. They have placed their own orders. Margrit and Dan are spending money on the product and PR's and they should.
I vote for a company OS increase freeze...for...2...months !!!
I pretty much stopped reading at, "An ad not on the air." Once those ads go live, WHICH THEY'RE NOT YET which the PR SAID, this thing will have much more attention IMO.
I dont think company is fake, i just think there are a few other opportunities in other stocks before I throw another load at mrib
If you are talking about the general vodka drinking public?? Thought those were costumers....
Marani is marketing in the right industry, Arts and Entertainment Industry.
Renaissance is not part of Marriot. They rent the facility.
Gotta' love the photo of the fake American Express Centurion card with Santiago's name and Zodiac Brands on it. Very representative. Just another fake hyped element of another hokey Zodiac brands MRIB second, third tier event attended by nobody's. The MRIB charade continues.
So what do you think the excuse will be for not shipping to the shut down Brazilian distributor? Truck from France turned over and the bottles were destroyed? Paperwork issue? It ain't going to happen. If it's less than two containers it's all a charade.
Nervous? Not at all. Just waiting for the bomb to drop on this charade. Too bad a lot of people will get hurt but they were warned. Margrit is going to make off with another $5-10 million but playing the bumps and dips some folks made some money. All ends in three weeks.
Watch the dump coming at the end of the day. Should be enlightening. Zero cost guys are just loving this. 5000% profits.
Zero cost guys are hoping it keeps getting bought up. They're making a fortune. That stock will be worthless in thirty days after MRIB reports $6000 in total sales for the year. It's funny but sort of sad. No national commercials, no new shipments, no Brazil delivery, no Brazil distributor, no new retailers, no new distributors and a VP of sales who has no history going back over two years and no known jobs, no degree, no known accomplishments. Looks pretty weak. Is Dan Senters even his real name? I doubt it. This company is a total scam. No doubt about it now. Get out with your ass if you're smart because the music ends in three weeks with year end financials. Dan Senters couldn't sell water to a dying man in the desert. Pretty clear now. If he visited 1 bar a day he could have sold more but that's not part of the stock play. That would be trying to sell vodka. Not their business.
Lowering the A/S was window dressing just like the dividend. Just a teaser. And remember, the dividend was much more enjoyed by the holders of 400,000,000 in free and zero cost basis stock than any of the investors. It was a gift to themselves while looking like a good thing to investors. Just a 5% dilution in one fell swoop that they scooped up the lion's portion of. It was a great move because few saw through the scheme too happy seeing some free shares and not seeing their millions.
JP (love the alias by the way!)
I certainly don't have it all figured out. I can't even cut through the corporate gyrations and machinations to even understand a tenth of what has been done there. The internal conflicts of interest with crossed board between the company and investors who got free stock is an absolute maze. But I will say that the numbers speak for themselves.
Sure they have product. Not much of it but it makes a great vehicle given you can touch, feel and taste it. And I haven't tried it and the consensus that it tastes good but given the numbers that premise as a basis for success is running thin.
Brazil is a joke. Their partner there has gone dark. A one man shop in a downtown Rio office who has never sold spirits and seems to have no other clients. Had four but they all seemed to have dropped him months ago. Energy drink is actually rumored to be pressing charges for non-performance and misrepresentation. They all went dark before anything could be confirmed. But, it doesn't paint a pretty picture for the potential of a $100 million in contracts.
Commercials? I'll believe it when I see it. A 30 second spot on CNBC or SportsCenter runs a minimum of $20K and you have to buy a contract for a lot more than 1 ad to get that rate. They have no capacity to run even regional advertising let alone national. I suspect they'll do something in remnant regional to try and give the illusion of something more to come. You can get away with a couple grand on the regional garbage and late night. You know, the furniture clearances, local car dealerships, carpet clearances, etc. that you see on something like SportsCenter or CNBC but they're only seen through the local affiliate. People see that and they'll be screaming national advertising!!! It won't be. And the bottom line is that the ad is nowhere ready for production and truthfully it's really not very good. Bunch of stock video with some text overlays and a voiceover. Nothing sexy, nothing funny, nothing memorable, nothing unique. Intor to a website maybe... national ad? Never. Would be a total waste of money to air that POS. Probably took four hours to create with stock video of water, wheat and honey with a bottle overlay and some cheap software. Just a shabby composition with no theme or compelling content. And I agree with some other posters that the voiceover should have been female.
Gloom and doom? Yup. I know the numbers. Nothing but gloom and doom. Fiscal year will end with less than $10,000 in sales. Mark my words. I'd bet the farm on it. No new orders, no new shipments, no new retailers, no new distributors. What do you think? Third quarter is already done. You're looking at February 2015 before even getting a look at anything material.
Do I think it will tank? I don't know. Maybe the long and those terribly under water on it can keep it going but there are insiders who paid nothing for their stock. That's a powerful deterrent. They went dark in 2009 with the same game plan so in my opinion, yea, I think history is simply repeating itself as it always does. Good luck to you though JP. Just be careful. Read the 2008 and 2009 10K's. The similarity to the current situation is just too close.
You make strong points, BUT HERE'S ANOTHER POINT:
Why go thru the effort to concoct a product, then take the time and effort to devise unique packaging of it (ie, bottling), then send it thru the proper channels in an effort to get it awarded for excellence in its field (ie, Best in its Class taste testing), then put in the time and effort to work with international retailers, then put in the time and effort to produce commercial air-time spots if you had no desire to commercially sell the product and bask in the revenues that it can give you, especially if those revenues can be into the millions?
But you are saying that all of the above mentioned effort was done only to deceive unknowing investors who will buy their shares?
I hardly doubt your scenario has legs for the following reasons:
(1) As mentioned, it is too much effort to go thru. If deception is their intent, they could have just photoshopped a bottle, stated it passed some foreign country's taste test that they never entered into, released bogus PR's, and done no commercial ads, and still accomplished the deception -- and all for little effort and at practically no cost.
(2) It is more wise, more lucrative, to try to bring this to a successful business than it is to only sell shares. For this business has the potential to reach into the millions and millions of dollars. Selling shares, on the other hand, would only allow them to collect only a fraction of that. We are at less than a penny, remember.
It is apparent that Marani is in this to become a successful business. While there is some questionable and slow movement in the plan, there is no deception being conducted by its leaders.
Bitch at the CEO's all you want. I don't blame you.
But let's not get sidetracked into thinking that there is something sinister about Marani.
It's a penny stock. It's a startup.
The path to its glory is not always smooth nor short.
Let's see... what would I do if I had 100,000,000 shares I got for a $40,000 loan made? Hmmmm. Would I take $.005? $500,000? Heck, I'm getting $.008 now. Sure. Question is what is the off load strategy so as not to tank the stock? I got it! Sell off non frightening 200,000-600,000 share blocks at a time and let the longs buy it back up with tiny buys trying to save their collective butts. Should take 20 days to unload all of it so I'll just sit back and whatever is left at the end, just tank it. I'll have already made hundreds of thousands of dollars on MRIB. Caveat emptor folks. There's a boat load of zero cost stock out there just begging to be converted to cash. They're just doing it in a way as to not scare off those they wish to leave holding the proverbial bag.
Wrong. Not true and not factual information. Other than the one Costco, please list the new retail outlets. MRIB has announced none. And other than the one lowly third tier non-stocking Georgia distributor probably on cosignment, please list the other new distributors added. Or, perhaps these are more of the "secret" locations kept under wraps for some reason by MRIB?
Very simply, we know what exists. Anything else is speculation and/or fabrication to give the illusion of increased sales and revenues which do not exist. We know how much they have to sell and we know how many places they have to sell it. $100,000 worth of product and 14 stores of note all in a very small area of Southern California with no advertising or marketing suport. Financials for the fiscal year can be nothing more than horrific and winter revs will follow suit as no new shipments confirmed. Meanwhile expenses continue to run most likely in the $200,000 a month region. That would represent $1.2 million against a maximum of $100,000 in revs. Going to get very ugly. Smart money and zero cost holder who are probably privy to this info as fact anyway are exiting. It's being made easy with artificial support and euphoric longs.
What an opportunity for the zero cost basis holders! They get lots more time to unload slowly at much higher prices as the bogus news gets folks artificially supporting higher PPS. This really what they needed. No need to dump as large blocks tanking the PPS. Full three weeks given at least another Money TV or a couple more teaser PRs. Should be plenty of time to unload the whole truckload before they announce the horrific financials for the fiscal year.
I don't know how MRIB is going to explain away the Brazilian distributor going dark but I'm sure they'll think of something. I'm sure it will be a well crafted excuse that will allow folks to rationalize the botched deal.
Costco plus many more retail and distributors have been added within the last 4 or 5 months. And some other MAJOR chains and distributors that are being worked on that are a fact.
Not sure when Dan Senters was hired but he was included in PR in October of 2013 so probably close to a year ago. As far as licenses they had at least 5 as announce in PRs back in late March, early April and California occurred long before that and was shown pending just after the new year.
So worst case is he's only had six months to get sales. That's still a boatload of time and salary paid out for non performance.
54 % shorted yesterday... Got to buy back sometime.
You still won't believe it is on every store shelf across the U.S.
Really? You think the commercial has some other goal!
wish MRIB would use the remaining 130m shares and go nation wide with the vodka and commercial NOW !!!!
DILUTE THE SHARES TO 700M AND LET THIS THING RUN !!!!!
Don't know, don't care... But I do like the commercial. They hit on all points that needed to by brought out about Marani Vodka.
So bunch of promotions coming. Anybody check the O/S? Betcha' there's a whole new batch of shares ready to go. I'm sure the goal is to be at 700 million before the financials are due and to be rid of all of the additional shares before the company has to report their $6,000 for their Q4 sales.
worrying too much.. It can't go any lower. We already been sub penny for what a month now?? Its only going to head North! Our time is due again. Narnia winter is over
Yup. Getting down to the end of the road. Only three weeks left to unload all the zero cost basis stock and then the horrific financials will come out. They need to get rid of it before they have to report and it tanks with their whopping $10,000 in sales for the year and millions in expenses.
Just like Friday... watch the dump at the end of the day.
Mr. Berg can you provide us with with a link to this website? How do you know he also manufactures banners for a local furniture store? Do you have any proof that he has no clients? We would like to see evidence in your DD. We don't want to hear excuses just results.
You're kidding, right? Margrit left $25 million in equity holders holding the bag 6 years ago, wrote herself a severance package for half a million then hired herself back with 40 million shares of stock immediately vested not to mention having all her expenses paid during the eight months off. Do you really think she give a crap? I doubt she would understand the meaning of the word fiduciary. This team of gypsies is running the 2009 playbook to the tee. Not a single variation. Foreign contracts with mysterious partners that are totally untraceable or confirmable. No details of the contracts. PR events at and with companies created in the past few months. Sorry, you could take the last 10K from 2009 and fill in a couple of blanks as far as company and individual names and it's a carbon copy. It will end the same. If you're holding, you just need to decide when the music will stop. It's going to be soon. Sales for Q4 will be less than $12,000. I guarantee it. Having check Costco stock on the announcement I called and got stock numbers. Each store had 24 bottles or less. That was the order. They didn't restock until August, so there you have it.
The question is how much confidence can you have in a company that has maybe, $12,000 in gross sales max for an entire quarter and over a million in just salaries and compensation annually? Has lost $25 MILLION so far and spent $460K to sell $2500 worth of vodka in the nine months ending in March 2014? No advertising bought. No marketing purchase. No branding expenditure. One container at best. No money spent on anything but management.
Decide for yourselves folks but that doesn't sound like a very sound business. "Give us a million a year and we'll give you gross sales of $4,000 a month." Dan the man is a joke. 14 stores, no distributors of note and $2500 in sales so far since he started in December. He's useless. Anyone else would have been fired but he's the best they have because no one else would take the job and I'm starting to think it was the only job he could get.