Marani Brands Inc. (MRIB)

[Matthew Berg]

P.S. You'll also notice the corporate identity number on the updated report matches the one you posted. As I said I got the same one you did originally that listed it as active but I didn't buy it because it was redirected through Google to some other non-official site. It was an old link listing non updated information and selling lots of advertising. Gotta' watch out for those. Better to trust the official State of CA site.

Bottom line is there are a lot of red flags here. The biggest ones are common to penny scams. Bad or non-reporting. Insider transactions. Shell companies galore. Transfers of ownership that boggle the mind trying to track them. The same principals in all of the entities involved and most of all $30 million plus down the drain since 2001, but it looks a lot more like since 2007. Where did that money go? After $30 million they're sitting on $600,000 or so of gross revenue and inventory and they shutter the doors and even that $600,000+ disappears in Q1 2010? And then about the same amount shows up in a private company run by Ara a few months later? Just weird stuff.