Marani Brands Inc. (MRIB)

[Matthew Berg]

MRIB revenues seem to have increased but they don't appear to be real sales as the numbers don't jibe with inventory and all of those supposed sales were simply added to the A/R. So they were either full recourse sales or contingency sales that haven't actually sold through or just outright fabrications and/or parked product. Actually, the current uncollected A/R accounts for almost 90% of total MRIB sales over the past 12 months. So are the MRIB clients as much as 12 months in arrears or are the sales bogus? With Margrit's track record I'd think the latter.