Marani Brands Inc. (MRIB)

[Matthew Berg]

The company didn't fail. They succeeded. It was a scam in 2008. It was a scam in 2014. The absolutely succeeded. Just not in the way that shareholders would have liked to see and got duped into the scam. There was never any intention to sell vodka. How would you characterize a $525 marketing budget for an entire quarter while other expenses were $300K? What was that money for? Where did it come from? Selling stock and that was the business plan of MRIB 2.0 right from the start.

Chewy, with all due respect, I've asked what you think they are spending money on. You've never responded. You claim they need to raise money for operations. What operations? No rent. No employees. No capital expenses. No product purchases. No advertising. No marketing. No promotion. And they don't pay their taxes! What is it that MRIB has been consistently spending $100K plus a month on for almost ten years?

Only $25K in inventory has left MRIB. Yet they claim $100K in sales in the same period. Trading theories and market theories aside you also stated a company needs to have certain fundamentals to avoid bad situations like a reverse split. MRIB obviously is nowhere in the ball park. $25,000 in product actually paid for in 18 months? The company died in October 2014 and it did on purpose. No web site. No Eraskh Winery. No Zodiac Brands. No Eco Investments. The list is long. It's a scam and always has been. It was designed as a scam.