Marani Brands Inc. (MRIB)

[Matthew Berg]

Just because you can buy product, some of which has been on shelves for five or more years, doesn't mean MRIB is not shut down. Would you expect some retailer to throw out their inventory upon learning the company was out of business? Hundreds of companies that have gone out of business have and continue to have product(s) on shelves.

Updating their Facebook page? Really? Yet another ambiguous "good things coming" comment from a week ago is insignificant and meaningless. And apparently the accountant that was supposedly hired never happened. He didn't sign off on the financials and his name does not appear anywhere. Either he refused to sign off on what are most likely cooked books or even more likely didn't get paid. Perhaps both.

Lastly, the event? Two unidentified old guys serving samples at a small regional community event is the same thing MRIB has been doing for years to keep up appearances. They send over a case or two, a couple volunteers work the table and MRIB PRs it and folks say "big event! MRIB building the brand!" All window dressing for a dead defunct company. Cheap props to extend the charade.

Nope, MRIB for all intents and purposes is shut down. Sales will continue dropping off and eventually go to zero. I'm sure Margrit will be more than happy to send out a case her or there should someone order but there's no sales effort in place and no new retailers have been secured since way back in October.