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Re: hedge_fun post# 23614

Tuesday, 12/10/2013 9:12:53 AM

Tuesday, December 10, 2013 9:12:53 AM

Post# of 123645

NO sales last 4 years, but a $40MM order......

in Brazil? This isn't how the liquor industry works.

Has anyone verified this? If so, how?

Here are the numbers reported by the company.

2008 ~ $168,058

2009 ~ $402,373

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7441845#MARANI-10KA063009_HTM_ITEM7

2010 ~ NIL (nothing reported)

2011 ~ NIL (nothing reported)

2012 ~ NIL

2013 ~ NIL

3 months ended 9/30 ~ NIL

http://www.otcmarkets.com/financialReportViewer?symbol=MRIB&id=112598





This would be why companies are required to submit quarterly reports, next one due 2/15/14. Proof will be there. MRIB already announced the contract in a PR, so you already have that news and then you will have their quarterly submission on record. If that doesn't satisfy you I'd recommend not buying the stock.