Marani Brands Inc. (MRIB)

[Matthew Berg]

The things I've said cannot be known? Perhaps not as empirical fact but certainly within a window of logical assumption and estimates. It's the wildly optimistic and totally unsupported claims that there are big orders and growing sales that cannot be known nor even remotely backed up. The basis for those claims is so illogical as to discount them in their entirety.

What is known about MRIB? Well, we can track inventory at the majority of their remaining locations and sales are almost non-existent. That's a fact. We know RIB has no employees left so most likely no one actively selling and most certainly no account management. We know they have little if any cash. We know they don't market or advertise. We know MRIB lost half of their Costco locations. How one determines that things are positive and sales are good and growing is quite a stretch.

It seems one would have us believe that less sales people sell more product. Less retail locations results in more sales. Without advertising or marketing sales will increase. Loss of shelf space and presence will result in greater sales. Spending less money and investing nothing in product sales will result in more sales. A company with no operating capital will grow and prosper. Having less stores will result in larger orders. It is all absurdly illogical. Everyone of those items points to contraction and loss of sales not growth and "good results" and sales.