Marani Brands Inc. (MRIB)

[Matthew Berg]

You should be able to get MRIB $.0003s easily as we get closer to the 15th as long as it's high volume. Might even get $.0002s middle of the month. I would hold out. When MRIB is faced with the two notes payable the first of which will hit on the 15th, with no cash on hand, they will have to issue out a boatload of new stock unless they have it in reserve. Who knows? Either way we should see a huge dump of shares on the 15th and another the first week of July when the second note matures. And nothing is going to change that. The only hope was Brazil but a check on the Brazil version of the TTB has no registration of Marani or any joint venture or subsidiary and no label registration for the product. There isn't even a spirits distributor listed in Curitoba, so that's all bullshit and is not going to happen.

The problem with all of this is the PPS by the first week of July, assuming all of Margrit's accounting is kosher, should be at $.0001 at best and that will be overvalued based on revenues and financial condition. But I doubt we will ever be able to confirm just how bad it is as I think we've seen the last of MRIB financial submissions. Not even an extension this time. It should be a good write off if you need it come December 2015.

Obviously you can't average down to par but with enough volume one might get close enough to bet on MRIB 3.0 four years down the road.