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Really? Another second rate, no name LA hip hop deal? What is it with MRIB and these rapper acts? Is that the demographic for premium vodka? Why not hire a clown with a sandwich board and put him on a corner in West Hollywood? These things are so lame and so incredibly insignificant as to be all but ignored. Free though I'm sure. It also stinks of Doran Ramos and more of his gay party friends... (a la Seinfeld) Not that there's anything wrong with that. LOL!
This is just more of the same MRIB lame attempt to appear to be in business and doing something... anything, without spending or investing a dime or doing any work. They would be better off not doing this stuff as it's so terribly embarrassing. From a Greyhound bus full of pothead rappers to some neighborhood hip hop party most likely in some basement in Inglewood, it's all so inappropriate and sad. If anything it does more damage to the brand than anything MRIB could possibly get out of it.
There really hasn't been any PR in the last six months other than the lame film festival (originally PRed well over a year prior), although the PR about the Armenian movie screening was not accurate. Matter of fact it was not true. As of this date the studio has not released the movie. Then there was the last Brazil announcement although that may have been more than six months ago. Regardless, it was total bullshit setting up for a 500 million share dumpathon in the days following the PR.
Not that it matters, but i did confirm The Wine Plant of Eraskh does not exist. Any money paid to them is a lark. If i'm wrong MRIB should file suit immediately... but they won't because I'm right. I sent some folks there to check it out. There's no distillery. Just another lie by MRIB.
MRIB went out of business ten months ago.
Both Veronica and I called the transfer agent. No new MRIB issues. That's not to say that they weren't already handed over out of existing shares. Maybe Margrit's. Perhaps part of the 500 million plus share dump that occurred in February. I have a hard time believing anyone would hand Margrit and MRIB $600K without some guarantee. But there are no new issues being held and there is certainly no accumulation going on. Those premium sales of volume are closed end sales. No common shareholder is benefiting from them. Just money moving from one pocket to another in the same pair of pants to give the appearance of a market and illusion of money to be made. If anyone was truly interested you'd see more action. 1.5 million shares at a 25% premium followed by maybe $100 in 3 trades. It's easy to spot. What moron buys 1.5 million shares at $.0006 and then passes on $.0004? Get real.
Nothing has been converted. New issues remains static. And to clarify, there is no accumulation going on. Any and all sales of volume are clearly shares trading friendly hands for no cash to give the appearance of a market for the stock. Why do we see 1.5 million shares traded at a premium and then no offer at the lower price. Give me a break. It's so transparent. Each premium large purchase is followed by beggar sell off at lower prices. Anyone who is accumulating and paying a premium at $.0006 and then ignore the opportunity to buy at $.0005? Get real. This is a charade. No market for the stock at all. Just a dog and pony show with massive manipulation going on by insiders who paid nothing for their stock in a company that went out of business months ago. I doubt Margrit is doing anything other than selling stock when she can for $300 here or there a day. Matter of days now before MRIB goes skull and crossbones too.
Hmmm. Like she did with India in 2009? Like she did with Brazil, Mexico and the Dominican in 2014? Don't hold your breath on that one. MRIB is a scam and Margrit is a con man. Always has been, always will be. Wine Plant of Eraskh, Zodiac Brands, Eco Investments, NovaNet, National Capital, etc., are all scams to channel investor funds out of MRIB through stock transactions and fictional vendors. Mirror image of 2009. And we all remember what happened back then. MRIB went silent for four years.
Hilarious that anyone would believe that MRIB 1.5 million share trade this morning was market based. But they keep on believing...
Why would anyone buy 1.5 million shares at what is clearly way over market value? Why? Because it's free and sets the same person(s) up to sell whatever they can at lower prices for 100% profit. But those fictional window dressing buys are getting increasingly bigger and the dumps increasingly smaller. Tell tale sign that the market for MRIB is drying up. Fewer and fewer see the opportunity to flip. Too many people took the chance and are now bag holders. They will be lucky to break even and they'll be doing it $20 at a time because no one is buying at those premiums. All fake sales.
Why would anybody trade in a company that is out of business? Just wondering. MRIB is obviously defunct. Is it just an attempt to flip a couple of shares on false information to make a buck? There's no business left. Everything is gone. Are the fake trades at premium still enough to get flippers in the game? No one is buying a million shares at a premium. That's just a trap set by MRIB insiders. Who's silly enough to believe they can retail those shares where no one will buy them?
Yes. MRIB is dark and defunct as accurately listed by OTC. No offices, no employees, no money, no credit, no sales, no management and no company. Just a group of people playing a penny ante gambling game with the stock until it finally fizzles out like in 2009. There's a good reason there are no fins out. They would only confirm all of this.
That is NOT what you said previously. You said you had a friend who was a distributor who HAD pallets of Marani already. MRIB is already licensed in GA so there is no tax issue other than possibly non-payment. The MRIB story continues to change...
Just to add. Claims last week out on the internet that someone spoke to Margrit and that MRIB fins would be out this past week were exactly what I said. Either a lie by someone trying to manipulate the PPS or a lie by Margrit to a shareholder. It didn't happen exactly as predicted. Of course it didn't because if MRIB released financials and details of what's been going on the past six month we'd have complete confirmation that MRIB went out of business a long time ago.
MRIB is in fact dead. It is shut down and no longer selling and all claims that they are "doing well and selling good" should be ignored and regarded as simple pumping for the purpose of keeping MRIB trading and relevant trying to suppress the fact that MRIB is and has been out of business for quite some time now. Probably since the exit of Dan Senters, the only guy trying to actually sell vodka, way back in October of 2014.
Sales that can be tracked at known retailers show virtually no sales and claims of new sales in places like Florida and Georgia are entirely unsupported and most likely total fabrications. Claims of sales in South Carolina are definitely fabrications because MRIB is not licensed to sell there.
The only reason that MRIB hasn't filed for bankruptcy is that they have no significant creditors forcing the issue. All of their vendors were inside payments to entities who would never sue IMO. Same situation as 2009. I doubt there's more than a few thousand dollars in outside vendor liabilities with all the money having gone to entities like Wine Plant, NovaNet, Zodiac, Eco Investments, et al. The perfect scam. Take the cash, limit the recourse. You could never get enough MRIB investors together with a claim that would get anyone's attention even though cumulatively MRIB fleeced the public for a minimum of $30 million.
What's not an MRIB fact? What's opinion? I don't see anything on that list that isn't a confirmed fact in reference to MRIB. It seems to me if I said 2+2=4 you'd say that was just my opinion in order to spin it some how.
Not only do I think MRIB is out of business, I believe Margrit on advice of counsel is keeping silent. She's in so much trouble if any investors get together. The problem with prosecuting her or bringing her to justice is that as individuals, the investors don't get the attention. If they ever do combine, watch out. Margrit is headed to a federal pen with all of her friends.
Anything to do with MRIB? They hire a convicted felon with a record for pump and dump schemes and mail fraud. Figure it out. How much due diligence did MRIB do in working with him. They didn't He's part of the scheme. NovaNet was instrumental in promoting the stock and making it look like MRIB wasn't paying for such. Same thing he got nabbed for by the Feds in the past and most likely the other sham companies residing at Red Hill Road which are now all dark and defunct.
FACT: MRIB let go of all their employees in October.
FACT: MRIB shut down and abandon their offices at the end of 2014.
FACT: MRIB reported ZERO cash on hand in Decemeber of 2014.
FACT: MRIB has not been heard from since October 2014.
FACT: MRIB investors have lost 99.99% of their investment in a year.
FACT: MRIB lied about foreign contracts.
FACT: MRIB lied about Cistco expansion.
FACT: MRIB lied about national distribution.
FACT: MRIB has not reported anything financially in 6 months.
FACT: MRIB lost more than 50% of their retail locations in 2015.
FACT: MRIB has blown through $30 million with no results.
FACT: MRIB paid Margrit more than $4 million in 2010
Shall we continue?
IMO, MRIB and Margrit are going into the same hibernation they did in 2009 just waiting out the expiration of the statute of limitations hoping no one sues for all of the lies and what was obviously a pump and dump scheme. Ken Owen who is or was working with MRIB pleaded guilty in Federal court for this in the past not to mention being arrested and incarcerated for mail fraud.
How is Marani "golden"? They're broke, shut down and out of business. No cash, no sales and no company. saying they're golden to yourself is one thing but trying to impress it on others is just irresponsible given the situation. Everybody should be warned about MRIB and what has transpired. Any potential investor should know that MRIB blew through $30 million without any results or sales. They should know that MRIB is currently broke and insolvent. They should know that MRIB has no employees, offices or sales force. No marketing or advertising. No future. Just a long wait until the stock price hits ZERO.
But it takes something and MRIB has nothing left. Just some day trading speculators that gambled and lost. Now they're trying to unload what they can $30 at a time. Those $.0003s and $.0004s looked so good until they realized the $.0005s and $.0006s were fake trades. Problem is that MRIB is now a perishable. Won't be long now. I'm sure MRIB will remain silent as they did in 2009 in order to keep the stock alive. Any news or fins now would only act as an obituary.
I'm not sure it's a laughing matter. There is little if any evidence that MRIB is still in business. Not a word from the company since early October 2014. Not a single report or evidence of sales in 2015. No offices and no employees. They don't even have any lame events to PR anymore. MRIB showed ZERO cash on the balance sheet six months ago with no new sales reported in 2015.
How do you show ZERO cash? Must have closed the account but obviously no new account was opened. Sounds like a liquidation as of December 2014. Now it's a matter of keeping the phone connected and saying nothing to keep a sliver of optimism alive and keep the stock trading to suck every last penny out of it. That's what's happening now. Tease them with unattainable $.0006's and then dump whatever they can at the lows. Fewer and fewer are falling for the trap as can be seen in the trading. Just walking around money for Margrit and her friends.
MRIB flying away? They've already flown. There is no news coming other than what we've already heard. Offices closed, employees let go, retail locations shut down, sales efforts terminated, marketing and advertising abandoned, total insolvency, massive debt... the list is endless. Margrit is long gone other than selling whatever shares are left that can be unloaded.
It has been two years since Margrit started spouting her nonsense about Brazil and other foreign deals. Nothing even close to a deal has happened. Just a new iteration every six months with claims of a deal getting done. The latest in January with a mysterious, unnamed, joint venture partner. No names, no details, no deal I'm sure.
What government red tape is there that is affecting sales in any of those places? MRIB is licensed in FL and GA already. That's just another lame MRIB excuse. And for your information, if there was any problem in FL MRIB would not have been allowed to bring Marani into the state, unless of course it was done months ago when they first announced it and it was shipped before they shut down the company. Have they lost their license in the meantime?
And we all know Brazil was a fraud. There was never any real deal and it's never going to happen. What government red tape could be involved. The process is easy and well documented. That said, it's certainly possible that MRIB cannot afford to do anything there even if there were an iota of truth to it for lack of cash of which they have none.
Government red tape is a convenient MRIB excuse just extending the fraud.
You continue talking about Marani sales in GA and FL. Where? Not once have we heard of anywhere the product is even available except for the leftover bottles from the lame film festival that ended up at one of the sponsor's liquor stores.
And how would you know about sales? MRIB certainly isn't reporting anything publicly. Either someone on the inside is talking about it to you or you know who and where Marani is supposedly being sold yet you won't divulge any details. Why is that? We'd like to consider the information credible but the continued lack of details and/or source of MRIB information puts said information in significant doubt.
What recent sales? If MRIB were to update with any sort of financial report I'm sure it would show little to no sales and confirm the dark and defunct status. That's why MRIB refuses to update. Once the do, if they do, report all speculation will go away and the trading will end.
Imminent rise based on OBV? We've heard that one before. OBV theory does not apply to thinly traded penny stocks like MRIB anyway.
So what is it that could possibly impact MRIB PPS? The continued suppression of their abysmal financials? Further silence? The lack of any sales? Inability to get any further financing? Or perhaps the zero cash on hand is a sign of what will be reduced expenses. LOL! MRIB is dead. Died a long time ago.
Who is "they"? There's no one left at MRIB. Hasn't been for many months. And what little things have "popped up" that would indicate anything at all going on? I would think if any effort whatsoever was in place MRIB would at least publish financials to indicate any sign of life. Not doing so only proves they don't give a shit. Keeping everyone in limbo and the stock trading seems to be the only activities MRIB is currently active in.
And stopping... Why do people keep falling for this? The insiders pump MRIB up with an inside cashless trade and then dump whatever they can to the unsuspecting soon to be bag holders who think they can actually get those same premiums. Those premium trades are private and the commoner is excluded. Just a charade. We will see a lot more dumped in the next few days. Anyone know someone who is actually turning their MRIB $.0004s and $.0003s at $.0006? Doubt it.
Marani selling vodka? Highly doubtful. Just another insider setting a trap to unload a boatload of MRIB shares later on. Par for the course the last six or seven months. Doubt the 5 million shares or the money involved even changed hands, just pockets in the same pair of pants trying to get some action going. $8.95 is a cheap price to pay for the illusion and appearance there's any demand for MRIB stock. Someone will fall for it though. They always seem to when they see those trades and then a big block at $.0003.
Yes. Nice paint job. Looks like someone needs to set MRIB up for a big dump. Wait for it! LOL!
Not for a company that went out of business eight months ago. MRIB is dead and defunct. Insolvent and out of cash. Just like 2009. It will die quietly and just simply go away. Margrit and her friends will escape with their millions and perhaps it will return for MRIB 3.0 in four or five years. But this turd is dead and gone.
Anybody still think MRIB is in business? Sure doesn't look like it. Apparently Margrit told DAMAGE over the phone that fins will be out this week. That would be a hoot. What a decision for MRIB. Do you report no sales and actually report to try and keep the stock trading and roll the dice that folks will be naive enough to believe there's still hope? Or you does MRIB just remain silent and dark and hope the same thing happens without reporting?
I will say, if we see a trade at $.0002 of any volume with no fins, the confirmation will be absolute. It's MRIB game over.
Sounds like MRIB is out of business. Tough to defend no offices, no employees, no sales and now no phone number. How is Costco going to reorder? LOL!
And the current MRIB trading is pretty indicative of surrender. The folks that thought they were getting cheapies now realize they got snookered and are closing out their small positions. The last of the insider shares are being wholesaled out at whatever they can get with a conveniently overpriced support trade trying to keep the PPS level from getting to it's next low. And then there are the folks who were gambling with nickels and dimes. $30 here, $60 there trying to eek out a daily profit of $20 or so. They're now giving up and taking their money to a different Indian Casino. Prefereably one with a free luch buffet so they get some value back off their MRIB losses.
Is that a surprise? Might be closing their doors? MRIB closed the doors a long time ago. Abandoned the offices at the end of the year. Let go and/or stopped paying all the employees back in September. Reported cash on account as EXACTLY $0 as of 12/31/2014. And a business with no phone?
I think the writing is on the wall and the evidence of a shut down is becoming overwhelmingly obvious. For a business to have their phones shut off means they either are out of business or they don't want to talk or respond to anyone. Who are those Southeast distributors and retailers going to contact when the need to order? LOL!
This is identical to 2009. A systematic shut down entering total dormancy. First the final PR on shipping to a mysterious foreign distributor followed by a few scattered lame events. A few more Facebook posts and ultimately total silence and unresponsiveness.
We sure do know when he had shares. Sometime between the first of the year and the end of February. And you are quite incorrect in referencing any other debt holder being issued shares because we don't have anything documenting past the beginning of December on issues which probably took place last year this time. Remember those missing financials from the last six months?
Do you really think anyone gave MRIB credit or financing with the stock at $.0005 in the last ten months? That's an absurd notion. The last deals MRIB got were way back in late June 2014, just around the time they started PR on COSTCO and Brazil. It all got cashed out by the first week of December 2014 except for Bodie. That went out in 2015 at $.0003, the lowest MRIB 2.0 had ever gone when it was trading at double that. 450 million shares in a little over a week. He already had a good profit. He just wanted the same profit ECO Investment got. And he got it.
There is no more dumping because the financing ran out a year ago. No more shares left to dump other than what Margrit and/or her affiliates are selling for walking around money.
It's time to face facts that MRIB was a scam in 2008 and again in 2014. Had I done any decent DD when I bought in I would have seen it in a NYC minute. It was an identical scam. PRs, foreign untraceable contracts, fictional vendors, sales contracts that didn't exist... All the same.
I strongly doubt any debt holders, let alone Bodie, are still holding any significant shares. In the last year MRIB issued something like 600 million new shares for debt. Since then there have been more than enough shares dumped to believe that there's little left over. There were over 450 million shares dumped in a two week period back in February alone. That was most likely Bodie's shares which would have vested immediately based on reinstatement of the original notes.
Smart money got out of MRIB as fast as they could and most of it ended six months ago. No one in their right mind would have provided any further financing to MRIB with a PPS hovering $.0004 at the time MRIB needed it. No room on the downside to insure a profitable deal, by toxic financing standards, that is.
Talk of traders and smart financiers holding MRIB and a coming rise in PPS is nonsense. There's no company left, everyone took their ball home and the lights are out. Just an insolvent shell that will slowly wither away just like in 2009. Carbon copy.
There's the MRIB dump...