Marani Brands Inc. (MRIB)

[Matthew Berg]

I think discovery could produce a lot of dirty laundry for both sides. From what I read, Marani really seems to have neglected to honor the contract and reporting requirements but to tell you the truth I'm of the belief that none of the deals including the one with Bodie were even kosher. The deal with ECO certainly stands out as suspicious given the information we now have which I'm sure Bodie has as well. If Marani was doing deals with themselves as it certainly appears without board controls or acceptable governance it most certainly presents Bodie with a strong case not to mention pending the door for a lot of other potential legal problems for Marani. But like I said, I'm really not sure Bodie' s deal was on the up and up either. I'd say that's why the complaint doesn't mention any of that or the actual transaction but the conversion issues. If Bodie did that it might open up a big can of worms.