Marani Brands Inc. (MRIB)

[Matthew Berg]

Interesting... The OTC STOP was to be expected if no financials were forthcoming but I never thought MRIB would let that happen. The stock has been the MRIB life blood.

Now that the OTC STOP no information status is in effect a lot of things change. The negative stigma aside, it also means that the company can no longer participate in stock transactions or insider arrangements such as private financing through stock sales. Any activity could be deemed illegal and in the case of an affiliate, principal or other insider selling any stock, potentially criminal. Margrit certainly cannot convert anything so the money is now tapped out and MRIB will be entirely dependent on profits from vodka. Not gross sales mind you, net revenues. And the debt and tax situation certainly isn't improving.

So the question is how does the MRIB ship stay afloat now? Five Costcos aren't going to keep the doors open and lights on. And that's assuming the doors are actually still open. Starting to look like the company is more than just dark and silent. The lack of financials is one thing but the OTC STOP is quite another. Not looking good. Probably the worst possible news MRIB could get.