Marani Brands Inc. (MRIB)

[Matthew Berg]

Good grief. Again with the semantics. Fine. In NEWS, MRIB posted on their Facebook page that they had in fact lost 8 of the 14 Costco locations and the names of the remaining locations. More MRIB NEWS, the company reported net sales of $6000 and $300,000 in expenses for Q4. In reviewing the latest report MRIB incurred new debt in return for cash and paid all the notes in shares. The financials indicate that the notes had no effect on debt as they were retired upon delivery of shares.