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Re: jfkspire post# 106573

Thursday, 04/16/2015 1:15:46 PM

Thursday, April 16, 2015 1:15:46 PM

Post# of 123645
News is no longer pending. It's out. OTC STOP no information warning is now publicly posted with warning to all insider, principals and affiliates regarding potential criminal consequences regarding stock transactions. Looks like the situation for MRIB is dire. New really couldn't be worse. MRIB doesn't even have the option to seek convertible debt even if there was someone foolish enough to consider it.

I'd say it's pretty much game over. As if it wasn't back in October. Shipment to Brazil just went from "soon" to "never". I doubt MRIB could even afford to ship anything. With no positive cash flow and no more convertibles it would be surprising if they could pay the rent.