Marani Brands Inc. (MRIB)

[Matthew Berg]

Merit? Sure as long as you can both prove fraud and establish damages as a direct result of the action. That's the tough part. Courts generally have a tough time finding guilt versus looking at it as someone who made a bad investment without proper DD or caution. Then proving it? All they need is some boiler plate contract to say "here it is". They never claimed it was guaranteed or non-recourse.

The other issue that may have more merit is Wine Plant of Eraskh. May be a long shot but is that plant does not exist which I suspect and they have been paid by MRIB you have real criminal fraud. Whole new ball game. That's why I think it's important if not imperative to confirm the plant exists. So far the evidence points to a big no on that. Another issue with teeth is in examining other vendor payments like Zodiac. If they've ben paid any substantial amounts, looking at what they've produced couple with a non arms length relationship, you might have something. Last would be putting the convertible debt and financiers under the microscope. Too much insider activity there and too many unknown mystery lenders.