Marani Brands Inc. (MRIB)

[Matthew Berg]

With MRIB it looks like there's good news and bad... Looks like the dilution has stemmed probably as the result of shutting down the operation and not paying any employees starting over six months ago. Timing fits right in with the pattern of new issues and associated immediate conversion ending with the biggest issue of 250 million shares last month which probably covered debt from August-September expenses which was most likely their high point.

The bad news though is overwhelming. Most likely MRIB is now shut down for all intents and purposes as convertible debt dried up and with no cash, revenue source, employees or credit you really can't run a company. The second part of that is the only thing left for MRIB survival is a reverse split. The really is no other option outside of Powerball but considering she's never invested a dime in MRIB I doubt Margrit would share that with MRIB. LOL

Probably also the reason we haven't seen financials. As bad as we all know they are, combined with a reverse split would have pretty disastrous results and would only buy a few more months of life. But then again, that might be all Margrit wants. God knows how much she sacked MRIB for.