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Re: gold team post# 111362

Tuesday, 09/08/2015 1:35:44 PM

Tuesday, September 08, 2015 1:35:44 PM

Post# of 123645
Ok Gold. I'll play. Honestly, how would you characterize the latest financials? MRIB has only moved $25,000 in inventory in eighteen months and all of that was out of 2010 stock. Cash collected is less than $15,000 over that same eighteen month period. $15,000 in real revenue in 18 months? Explain that. It's in the financials. It's an undeniable fact. Less than $1000 a month. Yet MRIB spends more than $300K a month in expenses. For what? $175 a month in marketing, advertising and promotion? MRIB has no other expenses! Margrit says she isn't paying herself. Where is the money going?

You continue to claim MRIB has all sorts of new sales. Where? Who? The only thing I see are A/R that are WAY past 90 days and continue to grow with no reduction. How do you explain that? How can a company even exist when 90% of their revenue is in A/R past 90 days? Never do we get a single detail or a location either. MRIB investors have been searching high and low for new Southeast distributors and retailers you claim MRIB has secured yet no one can find a single one and many have sought them out. New sales people you claim. Who? Where? How can they be contacted by interested parties? My lord. MRIB doesn't even have a web site to find a location to buy.

MRIB has been distributing nothing more than false information and you appear to have bought into it and promote it. Why? You are one of the few that claim to be in contact with the company and Margrit. Can you expand on the detail or are you simply fabricating the information in hope of keeping the trading alive? I think it's time to put up or give up. MRIB is clearly a scam. And tell me, in your discussions with Margrit have you ever discussed her need for a Hong Kong shell company for a company that sells less than $1000 in product a month? Doesn't make much sense.