Marani Brands Inc. (MRIB)

[Matthew Berg]

If MRIB is in high gear I'd hate to see what low gear would be! Fact of the matter is that all evidence points to the fact that MRIB did in fact cease normal operations six months ago. Margrit let go of the employees, shuttered the offices and ceased all communication. MRIB was reduced to a single operator shell company whose revenue is primarily the sale of shares with some very minimal residual product sales from the few retailers MRIB has been able to retain. With no sales force, a 40% decrease in sales for the last quarter and no new retailers added in the last eight months is pretty much proof positive that there is no product sales effort in place and the company is shut down and dormant as far as selling vodka.

Conversely, there is absolutely no evidence to contradict such other than a confirmation from MRIB or a bankruptcy filing and Margrit isn't going to do that as long as shares can continue to be dumped. MRIB silence and non-activity is being regarded as an indication of an ongoing operation when it really should be quite the opposite. As for the rationalization MRIB is not shut down and not a scam because it gets attention, all I can say is that is absurd. Bernie Madoff got lots of attention. Enron got lots of attention. The Boston Marathon bombers got lots of attention. Certainly does not signify relevance let alone anything positive for MRIB.