Joerich, I've seen companies shut down, closed out and long abandoned go on trading for as many as twelve years. One I know of was just recently delisted and they had not been in business since 2003. Went from $45 a share at one point with a $400 million market cap to $.0001. Never sold a nickel in product in 20 years.
MRIB is hoping for the same thing. They did it in 2009. As I've said, just keep the stock trading and the gamblers will come. What must be understood here is that there are traders out there that think making $50 is a good day and free money. No different than Indian Bingo. Fun. But it seems we're now down to picking the MRIB bones of what meat is left. It's a dead, defunct carcass. Not long before MRIB gets the dreaded skull and crossbones with OTC. No fins, no extension, no explanation from MRIB. Have a feeling we've seen the last word from MRIB. This is exactly the same way it ended in MRIB 1.0.
The key to the scam is to have no unfriendly secured or unsecured creditors who could potentially force a BK. It would appear that MRIB only has friendly creditors like Zodiac Brands, NovaNet, Broadcast West, Eco Investments, etc. and it sure looks like Margrit and her friends have a thumb in every one of those pies. So far, all of the above vendors seem to have vanished. Ghosts make no claims. This stock could trade for years. No company mind you, just gamblers playing against each other for lunch money at Subway.
