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who is selling at 2.00? Come on we control the price right now, no one else! Do not sell for less that $6!
I forgot each officer gets approximately $180,000 + as much in bonus and a $650 month car allowance, etc. They owe a minimum of $20,000 mo back to the investor group.
They talk about some new products and a premium black label vodka!
All info is now out in the 65 page 8k.
300,000,000 authorized shares
10,000,000 preferred shares (non issued)
158,117,747 Current Issued and outstanding
403,131 outstanding shares post split
336,320 Adele owns
66,811 Float
Common Stock
Margrit Eyraud (2)
35,333,330 (22.3%)
Common Stock
Ara Zartarian (2)
10,843,330 (6.9%)
Common Stock
Ani Kevorkian (2)
18,203,341 (11.5%)
Common Stock
Adele Ruger (2)(4)
336,320 (4) (<1%)
Common Stock
Julius Baer Multistock SICAV
Black Sea Fund
Hohlstrasse 602
CH-8010 Zurich
Switzerland
29,200,000 (5) (16.9%)
Common Stock
All Directors and Officers
As a Group (4 persons)
64,716,321 (40.7%)
So the only non-restricted shares are the 405,384 shares issued and outstanding from page 6 ( no restriction ) right, which a small portion of belongs to us.
No wonder there have not been any substantial PRs from them, there really are no shares for anyone to buy (yet)? I'll still sell mine for $1995 each if anyone wants them.
I hadn't thought about that. My guess the 1:250 was to increase the pps amount to move to a higher board?
For this stock to move to a higher board it needs to maintain at least a $5.00 daily trading price doesn't it?
Authorized Common shares 300,000,000
Issued and outstanding shares 158,117,747 (Per NEW 8K)
Purrell Partners 42,594,616 (who are they? I get nothing when I google)
Institutional investors 15,120,000 (bought for $0.25 share) after RS not pre!
MEI Shareholders 100,000,000 (63.2% ownership)
TOTAL 157,714,616
Subtract this from the NEW issued and outstanding shares and the balance is
403,131 shares (10,131 more than OLD issued and outstanding shares of 393,000)
Approximate Current Float: 59,000
Purrell future warrants to purchase 10,000,000 ($0.10 per share)
Institutional future warrants to purchase 15,120,000 ($0.35 per share)
Anyone know where this leaves us?
Authorized Common Shares: 300,000,000
Officer owned shares (as of 4/7/08): 64,380,000 (do they or one person need to have 51% of the stock to maintain the upper hand in stock ownership?)
Issued Outstanding Shares: 393,000 (100,000,000 before 1:250 RS)
Adele owns 85%: 334,050
Float: 58,950
Anyone know where this leaves us or will we find out in the 8K?
Why ya gotta be like that?
SEC filings today show Common Shares Aquired to Company officers:
Margrit Eyraud 35,333,330
Ara Zartarian 10,843,330
Ani Kevorkian 18,203,340
TOTAL 64,380,000
was there really only 600 shares traded today?
Businessweek showing outstanding shares as 393.0K shares
http://investing.businessweek.com/research/stocks/snapshot/snapshot.asp?capId=20849718
New SEC notices
http://www.secinfo.com/d12KQ7.t8.htm
This also confirms that Marani Brands is Marani Vodka not some other company that just happens to have the same name.
All these news is exceedingly good (except for the typo).
That's all I see too, anything more?
I was finally able to buy on Fidelity. Picked up 50 more at 3.90
Fidelity now showing last trade as $3.95!
Actually last sell price showing on Fidelity is .016 so I put in a buy order for $1.01. Doubt if it will get taken though.
I can not buy on Fidelity, last sell price is .80 and it will only let me go $1 above.
just checked my fidelity accounts MRIB shares are now there instead of FFBU
7 in first account
239 in second account
9 in third account
20 in fourth account and
20 in fifth account
295 total. I tried putting in a sell order by get the message that securities which last traded under $10 may not be entered for more than $15 each.
Guess I'll have to wait.
$590,520 not bad at $1995 a share! I wish....
was that $6.25 and $20.00 or $6.25 and $2000, I like both either way!
I'm holding and in for the ride no matter what. Any clarification on those 99,600,000 OS shares?
t don't we already know the AS have been increased to 300M? Pre RS...
I still don't see where they get the 99,600,000 number from?
Is that the AS divided by the 250, no because that would be 1,200,000.
Is that the OS divided by 250, no because that would be 400,000.
Somehow (and only based on the possible 1:250 split) they are subtracting the 400,000 from 100,000,000, but wouldn't the 100,000,000 also be affected by the RS?
Sorry, this seems cloudy to me and I know right now ALL is just speculation.
Rainmaker, wondering what you make of the 99,600,000 possible available share number?
Yes it is a website name buy, seems to me a big company would have already done this. I know one of my clients just paid $15,000 to get the url for their company name.
One more thing about Marani Brands vs Marani Spirits... If they were changing the name as shown on the Nevada Secretary of State to Marani Brands don't you think someone would have registered that domain name (even if they already have Marani Spirits)? Well I thoughts so, so I checked the who is records and it was still available so I just bought it for 2 years. Maybe this $30 investment will pay off better than my $2000 worth of stock.
Sorry, I made the who is private so you can't verify it's me.
My information that says that is the printed document I got via US post yesterday. I actually got 3 copies of it as I have stock in 3 different accounts. I will cut and past the portion of the electronic one you linked to below. This is on page 8 and is the last line listed below.
8
<PAGE>
book-entry form, you do not need to take any action to receive your post-split
shares or your cash payment in lieu of any fractional share interest, if
applicable. If you are entitled to post-split shares, a transaction statement
will automatically be sent to your address of record by either your broker (if
you hold your shares through a broker) or the exchange agent indicating the
number of shares you hold.
ACTION THREE
AMENDMENT TO INCREASE AUTHORIZED SHARES
General
On February 14, 2008, the Board of Directors of the Company approved,
declared it advisable and in the Company's best interest and directed that there
be submitted to the holders of a majority of the Company's voting stock for
approval, the prospective amendment to the Fourth Article of the Company's
Articles of Incorporation to increase the authorized common stock from
100,000,000 shares, par value $0.001, to 300,000,000 shares, par value $0.001
(the "Increase in Authorized Amendment"). On February 14, 2008, the Majority
Stockholders approved the Increase in Authorized Amendment by written consent,
in lieu of a special meeting of the stockholders.
Reasons for the Increase in Authorized Amendment
Currently, the Company is authorized to issue 100,000,000 shares of
Common Stock. Of the 100,000,000 shares of Common Stock authorized, as of the
Record Date, there were 98,280,006 shares of Common Stock issued and outstanding
and no shares of Common Stock reserved for issuance upon the exercise of
outstanding options, including, without limitation, the benefit plans of the
Company. Consequently, the Company has approximately 1,719,994 shares of Common
Stock available for general corporate purposes. After giving effect to the
Reverse Split Amendment set forth in Action Two, the Company may have up to
99,600,000 shares of Common Stock available to be issued.
Can someone help me with the math?
Based on the document I received in the mail today the 300,000,000 Authorized Shares have been approved. It also states that the following stocks have been issued:
84,080,000 Adele Ruger
14,200,006 The Rest of Us
1,719,994 Reserved Stock
100,000,000 Total Authorized Shares
On page 8 of the document when they are discussing the "Reasons for the Increased Authorized Amendment" they state the following... "After giving effect to the Reverse Split Amendment set forth in Action Two, the Company may have up to 99,600,000 shares of Common Stock available to be issues."
So to get to the 99,600,000 number it looks like they subtracted 400,000 or the 100,000,000 divided by 250 (maximum RS number). If they did a 1:250 RS would only the issued common stock number be reduced or would the authorized common stock be effected as well?
300,000,000 AS divided by 250 = 1,200,000
100,000,000 IS divided by 250 = 400,000
OR is it...
300,000,000 AS no change = 300,000,000
100,000,000 IS divided by 250 = 400,000
If this is true shouldn't the remaining CS be 299,600,000?
Sorry for my confusion?
Yes, we are aware there MAY BE up to a 1:250 RS.
Sure looks like they do a lot more sponsorships and events to get their name out there than Trump did with his vodka!
Also, Fit For Business is the name of the shell, the first thing are doing is changing that to the real company name!
the tggi thing was bad. But the company had a legit reason for backing out of it but I can't recall why? Had something to do with lots of calls from shareholders prior to announcement???
I was in DKAM at 1.20 and out at 2.60
I hope this is real, I've been burned on the other Mariani hopeful shell plays.
WOW! I sure hope they like OUR money.
Anyone know when the RS will happen?
If the "value" of this stock held current levels, at 100 for 1 it would be $8.10 pps so our new CEO would get $4,050,000. Wow, how do I get in line for the net CEO opening!