Marani Brands Inc. (MRIB)

[Matthew Berg]

Jail time is exceedingly rare especially when there was an actual appearance of an attempt at running a legitimate company as lame as it might have been. Bad sales doesn't make it a scam, just a bad investment in the court's view. Management overpaying themselves through salaries, options, stock, perks, etc. isn't criminal. It's up to shareholders and the board to govern it. You could have always done a proxy vote or call for special meeting. Didn't do that? Judge will say too bad, the legal option was available.

One other interesting milestone IIRC is the statute of limitations in reference to any legal action against MRIB or their officers/directors. Who knows, although I doubt it they may have D&O insurance as a source for a recovery. But come September marks two years since the start of the MRIB ruse and the statute of limitations runs out and they are all in the clear if no action has been initiated. The biggest teeth in an action would be BRazil which was announced back in 2013. I don't think the court would view additional announcements as any new violation.