Marani Brands Inc. (MRIB)

[Matthew Berg]

So is it the position of short conspiracy theorists that some rogue MMs shorting MRIB are responsible for the PPS death spiral? Is not the PPS drop the result of terrible sales and no revenues or earnings? Did massive dilution not play a significant role?

What I'd like to know is what these folks believe the value of MRIB should be? How would the valuation be calculated? The current market cap is roughly $1 million. Since MRIB has no earnings there's no way to do a valuation or estimate PPS using traditional means. The only way is to set value is as a function of gross sales. Simply, taking the last reported quarter sales of approximately $20K were reported. Let's call it $80K annually. What's the multiplier? Three times would be the high end. So, $240K. 1.2 billion shares gives a valuation of $.0002 per share. Pretty simple.

Shorting isn't and wasn't a factor. MRIB is clearly not under priced and looks to be significantly over priced. The market reacted accordingly given sales and share structure. Massive dilution and no revenues are the culprits and nothing else. Honestly, anyone paying more than $.0002 is going WAY out on a limb IMO. No matter how you cut it the value isn't there. The shorting excuse is nonsense. To think that MRIB was at a $20 million market cap a year ago on $2,500 in gross sales is testament to the absurdity and over valuation created by hype and lies. Truth then destroyed it not some trading conspiracy by MMs.