Marani Brands Inc. (MRIB)

[Matthew Berg]

Who says there will be a new site? Perhaps it became a liability. They did list 12 new Costco locations where Marani Vodka is available. I called six and not a single one had Marani on their shelves. I quit after batting .1000. MRIB has obviously resorted to outright fraud. Reporting more sales than inventory moved. Listing new Costco locations that don't exist. Just putting it out there in ambiguous form so the promoters can speculate something is actually happening.

They way I book it, MRIB has $85,000 in A/R with an allowance for bad debt at $35,000. Total sales for the same period is $102,019. Have they actually sold ANYTHING? Sure looks like a negative. That's what happens when you improperly book shipped not sold and get returns. Who knows. Maybe they booked $18,000 in product giveaways. Either way the books show no revenue. They actually show almost $60,000 in imaginary "paper" sales when matched against inventory. Sidenote... the container shipped in June 2014 hasn't been touched other than moving it around as a non-inventory category on the books. Still at $114,736. The supposed Brazil shipment that came in December 2014 is looking like a phony BOL. Doubt they ever got any further shipments. If they did it's not on the books.