Marani Brands Inc. (MRIB)

[Matthew Berg]

To anyone who speaks with Margrit I have a good question. From the little reporting we have from MRIB there are some things we do know. We know that on or near The end of September 2013, Margrit alone owned more than 35 million shares. On October 1, 2013 Margrit and family received just shy of $1 million in MRIB stock via a preferred issue in debt forgiveness. I can't believe that Margrit consummated that deal at any less than market value at the time if not more as a premium to cash. That would result in a total holding of roughly 335 million shares given the market price and conveniently a nice little kicker for a well timed dividend in 2014. If safe harbor on her preferred was six months that would land her 300 million plus shares at anywhere between $.02 and $.04 PPS and a value just shy of $7 million. My question is, what were the terms of the preferred and what was the disposition of that transaction and subsequent stock issue? And given the percentages and if we are to assume Margrit didn't sell why does she not report her holdings as required? Or did she sell it all and doesn't want anyone to know about it?

I keep hearing that Margrit and crew aren't making any money off of MRIB and how they are making such great sacrifices financially and that there's no significant money or opportunity for them to line their pockets. Sure looks like there was plenty of loot available not to mention enormous opportunity over the past year. And insiders knowing all the PR was bullshit there was very sound strategy for selling at the right time.