Marani Brands Inc. (MRIB)

[Matthew Berg]

Nothing about unit sales... And of course as I expected they claimed to have sold out which means absolutely nothing without unit sales numbers. And I've got news for you. That planned pleasant financial news coming at the end of September is just 3 days short of my predicted shut down date and the end of Margrits indemnification agreement. Not that it matters. The financials will be disastrous. They just kept it propped for another 45 days so they can suck out the rest of the cash available. Keep buying though. But be aware the music will end in 45 days and there won't be many chairs available. What she has promised is mathematically impossible by the way by anything other than rationalization or some bizarre interpretation. Available product for sale less expenses at this point can only end in a multi million dollar loss for the year. How something pleasant is going to come from that is a mystery to me so it makes me think it's just talk to keep the thing going for another 45 days.

And just for those who would challenge any of that here's what you need to prove. They have a maximum net profit of $50,000 on what they've imported this entire year and nothing more coming. They burn $200,000 a month in expenses. Do the math. Where are there any pleasant numbers In any of that? It's a pipe dream and a smoke and mirrors show. After September 30th, Margrit won't care anymore and won't have to answer to it. She'll be gone. I can't see her trying to justify the losses after promising pleasant results. I did notice she didn't say profitable or cash flow positive this time. I'm sure she was severely reprimanded for that comment but please remember she said that back in June and at it would be two months. We'll see.