Marani Brands Inc. (MRIB)

[Matthew Berg]

So you're saying the company lied in their last statement? You might be right because those taxes have been hanging out there for a long time and they stated only the $250,000 in principal without any penalties and interest which could be substantial. Now if you are saying there are no payroll taxes due according to your DD please tell us how you came to that conclusion when the company stated otherwise just last month? The $250,000 is itemized on their financials. Also, keep in mind this is not a simple IRS issue like back income taxes. There is the issue of the FTB which is far more aggressive and has far more power given the company is operating in the state of California. And as I said, these are payroll taxes not income taxes. These were monies collected by the company as a fiduciary from employees not tax due on revenue. The state and fed both view that money as untouchable and non negotiable.