Chewie, how do you know there are any unconverted shares and/or financiers are holding? How do you know the lights are still on? First of all, toxic financiers don't invest in these stocks. They rape and pillage. They don't hold what they know has a good chance of being worthless paper in a New York minute. It's not in their DNA.
Second, I would have agreed with you to a certain point, and to my own amazement, that there were unconverted shares, but given recent revelations there's a far more realistic and logical explanation. There was no source of revenue other than debt so one would have to believe the shares would continue to flow. Even I was sure of such. I was wrong. I don't think there are any more or at least nothing of significance. I think MRIB basically shut down six months ago. Margrit stopped paying bills and employees and stopped raising debt and/or could no longer find any with the devastated PPS. No company, no salaries, no expenses... No need for any more convertibles. In January we were all under the impression that MRIB was still in operation albeit very quiet. Then we find out five months after the fact that everyone stopped getting paid and left. It all makes sense now. The tiny volume, stagnant PPS and overall lack of interest and activity in MRIB combined with absolutely no communication from the company itself. It all points to a company that was shut down over six months ago.
And I don't think it's any coincidence that the exact, and I mean exact, same series of events and situation took place back in 2010. Funny, first time around the MRIB cycle was roughly 18 months shutting down without notice sometime in September of 2009 but they continued the ruse for another year. Didn't even have a license. Well guess what... MRIB version 2 is at that 18 month point. Started it up in September of 2013 and kept it going for a year or so and then went dark and quiet in early October 2014. And now we're six months later and it would seem there haven't been any expenses for the past six months, we haven't heard squat from MRIB and there are no employees. I'd say theres a very real possibility and strong evidence that MRIB was shut down back in late September starting with the departure of Dan Senters. Just like 2009-2010, Margrit and MRIB are following the plan and playbook to a tee. It's a mirror image right down to the final PR issued in 2010 claiming shipments finally started to India. Those were MRIBs last words before the shutdown became known. Three years later we found out they never did ship.
The last thing we've heard from MRIB in their latest iteration is the same thing. A oft repeated claim of a foreign shipment. The only difference this time is instead of India, it's Brazil... And dollars to donuts, just like India, it will never ship, MRIB will simply go away, stagnate to $.0001 and well... Game over.
