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Re: Gman3343 post# 105282

Friday, 03/13/2015 11:18:57 AM

Friday, March 13, 2015 11:18:57 AM

Post# of 123645
GMan, I think you may be chasing dragons. MRIB is insolvent other than inventory and dollars to donuts there's a secured creditor of some sort and a UCC filing on that. Wouldn't be surprised if it was Margrit Enterprises, International or Marani Spirits as a wholly owned subsidiary with recession rights. Can't get blood from a stone.

The bigger problem is cost. It's good money after bad. These cases can get really expensive, certainly relative to possible recovery and government authorities usually are of no help unless or until something is uncovered in a civil action that merits their involvement. And even in that case there's still no money or recovery. A lawyer or two gets disbarred, some scamsters get banned from future public company involvement and what usually amounts to some slaps on the wrist.