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Re: ChannelTrader post# 102983

Tuesday, 01/27/2015 2:19:40 PM

Tuesday, January 27, 2015 2:19:40 PM

Post# of 123645
$.0005 the bottom for MRIB? Would you pay $900K for the whole shooting match? That's the basis one pays for on MRIB at $.0005. For $900K you get Margrit, Ani and Nina, no sales, 24 dying retailers and the only possible bright side of it, $300K in surplus inventory. But, I have a funny feeling MRIB doesn't carry that inventory on their books directly. Something very fishy about the inventory accounting and without an auditor, well, just an invitation to play games. I have some ideas about that from previous experience and an instrument called a recession agreement between a public company and a subsidiary. Hope that's not what they're up to.