Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Can you link the Eraskh facebook page? I cannot find it at all. I would love to see what you see! Or was it on the Marani FB page and I just missed it?
The PR implies an even larger retailer that will maybe cover all of the states they're licensed in?!
Brazil is not getting vodka because Brazil can't get the vodka right this second. But do you know who can? AMERICUUHHHH!
Wrong.
It states that there was additional paperwork required for the Brazil shipment, so rather than the vodka meant for Brazil to gather dust in a container on a ship, they are sending it here and have plenty to send to Brazil.
We'll call it the Kansas City Shuffle.
I'll take some low 2's gladly. Beat this thing down before we hear from the company, I'm fine with that. They showed revenue for a very short period of sales, that to me is a good thing.
Well the DJ AM documentary is finally listed as "filming." That's a plus. Sold out of here after the RS crushed me, looking for a place to jump back in.
I guess they have to eat, but maybe not steak every night.
Buddy of mine and I are pulling every dime we have to launch our start-up, and one of the things we're not doing is taking any kind of salary until the business can sustain itself (which this cannot yet after seeing the fins).
Those salaries are high, but I feel like they were back-paying themselves for the dark years with preferred shares in hopes that this would be successful this go-round. If you divide them by 4 (2009-2013) it's a little more reasonable, but not for a company that wasn't doing a thing during that period. That's like back paying yourself for all the sleeping you've done over the years.
Thanks V, I just wanted to make sure I wasn't completely off in my assumption. Good luck to you too.
Two things:
V, any chance you could explain to the class what this means in layman's terms?
"NOTE 6- RELATED PARTY TRANSACTIONS
During the year ended June 30, 2014, the Company expensed $243,250 as management
salaries for its President and its Treasurer all of which was accrued. $63,750 was disbursed
and charged against the accrual.
On September 30, and October 1, 2013 the Company issued 6,500 of its preferred shares to its
President and 500 of its preferred shares to its Secretary in return for their canceling $760,000
and $188,000 of the Company’s obligations to them respectively."
I interpreted this as they weren't able to pay themselves in actual spendable dollars, so in order to compensate themselves they took preferred shares? I guess that's not the end of the world, though their salaries are awfully high for a company that was just getting started...again.
Secondly, we all need to keep in mind that the LOC from the Brazil deal wouldn't have, and didn't show up in these financials because of when it was penned. I'm sure some are going to pop in and cause a stir over that, but this only covers until the end of June, at which point there wasn't much that had happened yet other than a few Costco locations and the locations we started with like HiTimes.
I think over these last few more recent months BEYOND the end of June, their revenue was likely a lot higher just due to the quantity and the number of locations selling. That's speculation of course, but I have high hopes for this yet!
Thank you for the fins Margrit! Better late than never!
DM
Have they released the new commercial? The YouTube link on their website is still the guy from before it went live.
Did anyone ever figure out who the voice is on the commercial? I feel like I recognize it, but cannot pick it out.
Maybe they should have gotten Dean Winters (Mayhem) from the Allstate commercials... "I'm your stock portfolio, about to make you cry for your mommy."
Here's my question:
Why would Marani pay all that money to get on screens in Times Square, with no intention of fulfilling the demand potentially generated by those commercials?
Think about it like this. Say this was a scam: Why would they spend money from the scam on something they will get zero return on?
Did Bernie Madoff donate all of his scam money to the Red Cross or Unicef, or did he just keep it in his pocket?
People keep screaming scam, I don't see it. If it were a scam, why the frivolous spending on things that most likely won't produce more investors? Do investors really walk by those screens and say, "man, there's something I should invest in," or do they walk by and say, "where can I buy that vodka?"
Do we think Dunkin Donuts is gaining investors from their perma-screen in Times Square?
Or... Maybe they're listening to all the complaints of Friday PR's and want to switch it up. My crystal ball said something about Monday. Who knows, we might be in for a pile of good news soon! I'm willing to follow this in either direction. $MRIB
We've been waiting for this for a long time. The company has put franchising in place but hasn't released any news to the public about how it's going. We're dying to know, and they'll be telling us soon IMO! They're selling pizzas in Ohio, and expanding, but keeping everything close to their chest. It's high time they let the cat out of the bag!!!
Hell I'm just excited to see 5's! Something next week would be icing!
OTC is halted for a bit, everyone can go grab a coffee ;) Hopefully this will continue upward today after such an awful last few months! GO $GRAS
Well it's a good thing ole Dmitri is no longer with us because that's a myth anyway. Furthermore he didn't invent vodka so I'm sure he's resting peacefully.
Was wondering the same thing at open. Thought it was Scottrade asleep at the wheel...
What was funny is that my phone spelled it Mirani and I had to force-correct it. I was just kidding around anyway, we need to know what the heck is going on in that place, so let us know if/when you hear back!!!
$MRIB
Well for his sake I guess your misspelling of Marani means his inbox is clean this morning.....
Well I certainly have my fingers crossed for anything at this point!
Maybe I didn't ask the question correctly.
Is/will there be a MoneyTV this week regardless of what it does for the PPS and/or shareholder sentiment?
TIA.
Am I seeing it correctly that there is no MoneyTV for this week? MoneyTV's site isn't showing $MRIB queued up, or is it typically a surprise? I'm not sure how it works, I haven't gone looking before an episode is released.
Thanks in advance!
Honestly most of that would be good to see. Housekeeping.
Let's see some fins for goodness sakes!!! Let's see these monster numbers out of Costco and HiTimes and everywhere else! Let's get this train back on the tracks! I think I can, I think I can, I think I can!!! GO $MRIB!!!
With $7.15. LOL I'm stuck here, figured I'd poke my head in to see what's what.
I've been on the losing end of one or two scams in my day and they were nothing like this. I'm hoping for the best here, there's no reason to think otherwise with all of the work they've put into this. Why show it to Times Square if it's all a sham? It's not like all those people walking by the ad are dropping dollars into a bucket in front of the video screen... "Huh, nice product, here's 50 bucks *dunk*." Tourists aren't thinking about penny stocks when they're walking by unless they're already mixed up with them. It's not like the guy walking by with his kids on their way to a show is going to say, "Man, I need to open an account and buy some of that stock." I just don't see how this could be a "share selling scam," like some are saying... GLTU! GO $MRIB
"Thereafter, on September 29, 2014, pursuant to the By-Laws of the Company and applicable Nevada law, a certain holder of the Company’s Series D Preferred Stock (identified in the section entitled "Voting Securities and Principal Holders Thereof") holding 1,000 shares of Series A Preferred Stock, representing 100% of the total issued and outstanding Series D Preferred Stock, adopted a resolution to authorize the Board of Directors to enact an amendment of the Company's Articles of Incorporation to increase the Company's authorized capital to 4,000,000,000 shares comprising 3,950,000,000 shares of Common Stock par value $.001 per share and 50,000,000,000_ shares of Preferred Stock par value $0.001 per share."
WHAT? Is he just holding down the zero key on his keyboard now?
That's 50 BILLION Mr. Fong! PAY ATTENTION!
An 8-k after the buzzer. Does this tell us anything of value? I can't see it if it does...
HAHA!!! Those pens went like hot cakes!!!
Right!!!
That's like betting the Don't Pass line at the craps table and someone throws a hard 8 with the button on the 8. They made a bad bet, I'm praying this judge doesn't somehow side with them. You can't sue the casino because you were unlucky, I think this same idea should apply to this lawsuit.
$MRIB will be victorious, Bodie is doing their best to save their pride...
They're no different than the Irish Pubs off of Times Square. Just because they're Irish, doesn't mean they don't let non-Irish people, and spirits into their establishments. Armenia is probably less than a 2 hour trip as the crow flies from the Russian border. In my opinion that's close enough, and certainly not a reason to shun a non-Russian vodka. Now if this were a Ukrainian vodka then maybe I could see them being stopped at the gate...
Ever had Russian bathtub vodka? Like eating a handful of Red Hots while drinking molten lava.
From an accounting standpoint (correct me if I'm wrong V, being that you're an MBA) a company can set their fiscal year to whatever they want it to be so long as it is 12 months. So where they might not follow other OTC companies, it's really up to them how they determined their start and end date. A lot of companies will use April to April to correspond with tax reporting but it really doesn't matter as far as I know. The only thing that matters is that they report when they say they're going to report. If they set their year end as Oct. 31, then they need to file their yearly report soon after.
Lifeblood to bring some attention to the company sure. Not everything goes as planned or Apple wouldn't be making phones that fold in half unintentionally.
I think those are still in the works but for whatever reason have been backburned for the more important matters here in the states.
This is all speculation of course because no one but Marani knows what is going on inside Marani. What we do know is that it's probably best to wait until we hear that things have actually left the distillery rather than listening to all the hype and losing our minds about the contract sizes.
I'm still holding regardless of the hype. The commercial is live, and up on a screen in NYC. That's a huge step and one that has been confirmed and can be confirmed. No one knows if the boats are in the water, this is a confirmed actual.
Brazil is a go, why would she continuously repeat herself? We all know what she said. Sure they PR'd Mexico, DR, and wherever else, but what's important to them right now is domestic, and they're doing it. I would rather sit here and wait than badger them over the same issues again and again. Let them work. There's no sense in paying all that money for ad space just to squander it. If they were really scamming, they wouldn't have wasted the pile of cash it took to get their commercial done and up on that screen, because we all know it wasn't cheap.
Exactly right. Better this than polo on the lawn IMO. I've lost 4 grandparents to various cancers. If they want to use these shares for this type of cause I will always be behind them. I'm proud to say that I'm a part of this. $MRIB
How do you know there are no sales? Are you stating that you know for a fact their revenues are zero??
I will personally pay for your neck massage if you can get us a shot of the $MRIB ad on one of the screens!
Where I normally ignore you, this post is hilarious. I'm gonna buy a shirt!!!
I'm sticking around to see how this plays out.
Sure, the increase isn't comforting to see, but I think something big is coming. It's not fact, it's my gut telling me to sit tight. You kids do whatever you want, run away, burn your shares, I'm gonna ride this one either direction. Sure I should have sold at 5 but didn't. Too many things in the pipeline to just shut the valve off and walk away.
GLTA! GO $MRIB!
Has anyone caught the commercial on the EarthCam yet?