Sunday, May 03, 2015 10:06:26 AM
What could they possibly PR? Another Brazil teaser? It's quite clear that MRIB can't sell vodka in their own backyard and even more clear they won't be able to do so in any other country. Their is no privileged position MRIB has in Brazil. The results would be the same as the U.S. No sales. The idea of an international consumer product company run by an uneducated real estate broker with no experience from her kitchen supporting what is most likely well over 3 billion shares fully diluted, is absurd. Making a run is not in the cards because the company is for all intents and purposes, shut down. Nothing can or will come from MRIB as far as positive news. There's nothing that can bring such about. About the only thing I expect to see in the next few months will be an extension to file a quarterly report in two weeks.
One thing I am sure you will see I'd the continued trend of dumping shares at the lows. At an average of 2-4 million shares daily as we've seen for months now, it will continue as I'm now convinced that's Margrit's paycheck of $30-40K a month. I'm still trying to figure out what the heck Margrit spent $300K on last quarter with no employees or significant expenses. Every MRIB investor should be asking themselves that same question because it's an astonishing amount of spending for a shell company with no operations.
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