Marani Brands Inc. (MRIB)

[Matthew Berg]

The state licenses, the financials, the occasional PR and the obvious feed of information to supporter/promoters and/or even doing it themselves saying "good things coming" is all just part of the minimal inexpensive effort to keep up appearances of an ongoing concern to keep the stock trading and cloak the obvious fact that the company went out of business for the most part many months ago. I also doubt they renewed their licenses in any states other than California and perhaps New York. The theme is always the same. Spend as little as possible and keep on selling shares.

With the financials due on Friday, which I doubt we will see, there is sure to be another hit to the PPS with the filing of an extension or if they are released, the horrible news that sales are approaching zero. Either way it's a lose-lose situation for MRIB. They will probably hold back on the release until they get the old STOP sign on from OTC. Having lost most of their Costco locations and no new retailers added, it's doubtful that MRIB did anything more than half of the last reported quarter of $2000 a month in net sales. It will be very interesting to see what expenses are reported given we know Margrit is now alone with no expenses to speak of.