Marani Brands Inc. (MRIB)

[Matthew Berg]

Winner, also take notice that the name of the distillery was left out. It's called plausible deniability. We know there is no Wine Plant of Eraskh distillery. Perhaps wherever MRIB gets their crap bottled did increase capacity. But the tie to "increased domestic and global demand" at a time when MRIB had ZERO sales and didn't even have a license to sell is an outright lie. This is Margrit's favorite lie too. She has used it no less than ten times in the last year and a half and there was not a single point in time during that period when it's ever been true by MRIBs own reporting and financials.

As sort of an aside, I spoke with a good friend who is in the business. Not vodka, but spirits. He was giving me a breakdown on costs. It's not what I thought. The cost of production is nothing. It's distribution. I was shocked with what the distributor charges. He said as much as 30%! That said, MRIB doesn't have or pay a traditional distributor. How is it their gross margins are less than 50%? Should be much higher. Either way you look at it MRIB is either way over paying for product or the skim is on regardless of the existence of any Eraskh distillery. This probably explains the ordering of so much more product than needed. It seems perhaps MRIB is making money selling vodka... To themselves with shareholder money.