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Saturday, July 18, 2015 3:09:28 PM
Sales that can be tracked at known retailers show virtually no sales and claims of new sales in places like Florida and Georgia are entirely unsupported and most likely total fabrications. Claims of sales in South Carolina are definitely fabrications because MRIB is not licensed to sell there.
The only reason that MRIB hasn't filed for bankruptcy is that they have no significant creditors forcing the issue. All of their vendors were inside payments to entities who would never sue IMO. Same situation as 2009. I doubt there's more than a few thousand dollars in outside vendor liabilities with all the money having gone to entities like Wine Plant, NovaNet, Zodiac, Eco Investments, et al. The perfect scam. Take the cash, limit the recourse. You could never get enough MRIB investors together with a claim that would get anyone's attention even though cumulatively MRIB fleeced the public for a minimum of $30 million.
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