Marani Brands Inc. (MRIB)

[Matthew Berg]

I find one thing sort of disturbing. I've been trying to figure out how the company is still exempt from reporting consolidated audited financials. The 15G certainly is the proper method to use for such but as I understand there must be a follow up action such as a stock re-characterization, bankruptcy, transfer or some other action that meets the rule(s) of a continuation of the exempt status. They don't meet any of those rules as I read them, EXCEPT... number of shareholders. They changed that in October to 50 which would make the exemption legit. Can that be possible though? Only 50 shareholders of record? And reading that the transfer agent is in essence gagged, how would anyone go about finding out because I can't believe that's correct.