Marani Brands Inc. (MRIB)

[Matthew Berg]

The horrendous financials were not the concern. The disclosure of the convertible debt situation and the MRIB inability to cover the obligations was the big problem. But that cat is now out of the bag and we all now know that MRIB is going to issue out another 3 billion shares at least. That makes the current PPS WAY over priced. An almost 3X further dilution is inevitable and the shares will surely suffer.