Marani Brands Inc. (MRIB)

[Matthew Berg]

I'm curious as to why anyone would continue buying MRIB? As history is repeating itself from 2009-2010 in a mirror image, forecasting the results is not difficult. I'd say we're already 90% down that road. All that's left is the reverse split and Margrit's resignation and a fat severance package.

Averaging down only makes sense if there is an expectation of a recovery and there seems to be absolutely no indication of any possibility of such and the PPS will just continue to stagnate and with no liquidity just finally go to zero as folks take their tax losses.

The facts all point to a shut down. You can't have a company with no revenues, no employees, no cash on hand, no credit, no debt options and sales force or customers let alone operate in a foreign country albeit a ruse and charade. I doubt MRIB can even pay their minimal rent at this point. The license to sell their product in the only state they have a retail presence has been expired for weeks. MRIB couldn't sell right now if they had any orders. I guess it doesn't really matter as the one Costco they have left has enough stock for a year and the other retailers don't sell squat. Sounds like MRIB ends up where they started when this scheme restarted. A public shell scam with some five year old stock on a few scattered retail shelves. See you in 2019!
Go MRIB 3.0.