Channel, acquiring licenses does not amount to growth or expansion. It's simply preparation for at attempt to grow and expand. I'll even consider it progress if that's a more benevolent term, but without and until such time there is distribution an actual sales it's just a lot of happy horse shit paper not worth anymore than the paper it's written on. Margrit could announce she just got a CDL and she's going to cut costs by delivering Marani herself but without a truck it's nothing. Fish with a bicycle.
This is what I said a couple weeks back. Marani is starting to run thin on PR that can be interpreted as growth. Thinner and thinner every day. Sooner or later it's going to have to be backed up with real sales numbers. Each day that passes without that confirmation will make each new non-sales specific PR, event, etc., less impactful and stress shareholder confidence and patience. The problem right now is exactly what's being questioned and talked about. No one can point to a single new event or significant revenue situation that would indicate growth and it is quickly going the other way with mounting debt and dilution.
That said, I'm going to disagree with Kyakk. You don't necessarily need profits to exhibit or confirm growth. Look at Amazon. They have yet to make money but the growth is phenomenal. But they post numbers and real data that can be converted into real growth calculations. They do not post vague PRs with the hope they will be interpreted as positive information and signs of growth.
The basic facts remain. They have 1383 cases of Vodka to sell. That's it. No more on the way confirmed. Their burn rate is $200,000 a month at minimum. In order to be profitable as Margrit said they will have to sell those cases at a minimum of roughly $1800 each. Do you see that happening? I'm also sure that's why Margrit changed her opinion on financials from profitable to "pleasant".
But if there's an actual factor which would point to any real growth I'm all ears. Just no one has presented any. So either Marani gets $1800 a case or they are going to show a huge net loss in the finacials in September, although, I still don't think you'll ever see them. It's just mathematically impossible to be anything other than disastrous. If you can tell me otherwise why they won't be. please do share but please put some facts and real numbers into it because as I said the only growing numbers we can actually confirm and depend on as absolutely factual and documented are debt, growing A/R. interest due, legal fees, tax liability, outstanding and issued shares and assuming at least some minimal sales, a shrinking static inventory.
I agree with Kyakk that Margrit and affiliates need another month to unload and I really do think that's what's happening. Let's remember that whomever has unloaded tens of millions of shares in the past week alone has no confidence in the stock otherwise they'd be hanging on. But if you paid zero basis and had no confidence you'd be selling like crazy and that seems to be happening. They see no growth. I think there's more to it and it's insider but regardless, every PR seems to be followed by a big sell-off at lower and lower prices. And also remember there's probably another 100-150 million shares out there at zero basis. They're all going to get out before the financials get out because the numbers I posted are undeniable and uncontested, based on fact and documented information and all confirmable even given total sell through which we all know hasn't happened. Not even close. Short of some kind of miracle, when and if those numbers hit, it's pretty much over because I guarantee you "pleasant" is nothing more than a stall and double talk for "our financials ain't going to be anywhere near where we promised before".
