A new accounting firm and a "relocation" to Nevada. This pretty much confirms my suspicions on MRIB corporate woes. The recent FTB action against MRIB introduces a serious problem. MRIB has been playing fast and loose with the rules on the state level for a while using Nevada corporate protection and operating their business out of Marani Spirits, Inc., a now forfeited California corporation. As a foreign corporation, MRIB has rules that they have ignored. They have been operating under exemption and the jurisdiction of Nevada while in default. Now they can no longer operate in California and they can't operate out of Nevada either as a foreign corporation as they are in default there.
I doubt MRIB has the money to rectify their position with the FTB in CA so they need to head back to Nevada and clean up whatever mess they have with the SOS there in order to get back in good standing and continue their scam. Hence, it is not surprising to me that they hired an accountant in Nevada. Bottom line is MRIB is not a legitimate corporation as of this date in either state and as I read the statute, cannot transact business intrastate in California or anywhere else for that matter. This does not even touch on the fact that MRIB meets virtually none of the tests of a foreign corporation with a wholly owned subsidiary in California. There is no separation between the entities as must be demonstrated. Interconnected boards, no separate offices, no separate books and records, etc. MRIB should never have been allowed to operate in CA at all. It would be very easy to pierce the corporate veil at MRIB now and I'm sure it's got Margrit shaking in her Jimmy Choo's.
