Marani Brands Inc. (MRIB)

[Matthew Berg]

Take a step back? From where? From what? There's never been anything to take a step back from. The current MRIB failure is identical to that of 2009 in almost every respect. They shut down without notice, did the bare minimum to keep up the appearance of an ongoing operation to keep the shares trading and basically walked away without a word to shareholders.

As to initiating cost savings measure you have got to be kidding. Last reported quarter with what should have been virtually no expenses and no employees MRIB still rang up a whopping $300K in expenditures on $6K in net sales. What exactly would you say Margrit and MRIB are spending on? $50K in spending per $1K in revenue doesn't sound like anything remotely resembling "betterment" and as to shareholders it's highway robbery. I have yet to hear a single thought from any long and/or those who continue to support what MRIB and Margrit are doing explain where this money is going. No advertising. No marketing. No rent. No salaries. More inventory than MRIB could possibly sell in 100 years. There's only one answer. The money is going into Margrit's pocket. Whether that's where it ultimately ends up I have no idea but she's the only one left and ultimately the buck starts with her.