Marani Brands Inc. (MRIB)

[Matthew Berg]

I did not say it doesn't happen but it isn't happening and hasn't happened with MRIB for the obvious reasons stated earlier. A simple check of the SHO reports for MRIB confirm that. The short interest at any given SHO reporting period rarely exceeds .1% of float or just a few hundred dollars. Given a three day settlement period those are most likely undelivered shares marked short in the last day or two before any given SHO report filed on the 15th of each month.

As far as broker dealers being marked FTD without resolution, they are regularly disciplined. Merrill just recently paid FINRA $6 million for minor violations and basically sloppy housekeeping. True naked shorting abuse without reasonable expectation of delivery is taken very seriously and MMs do not get a free pass. And to reiterate, even those few who may be acting unlawfully and willing to accept the risks of such wouldn't touch MRIB with a ten foot pole. The crime would not be a profitable one.