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Saturday, March 22, 2014 11:30:16 AM
Confirming now what the phenomenon apparently is as so eloquently described in your quote, the situation was only exacerbated by Marani's delay in PR last Thursday. At the very least, we should have held in the mid to low-04's, setting up a break into the 05's last week if Marani had simply done what many were expecting, release news immediately following approval. You can't come out and say you have "multiple pr's lined up" and then give (2) pr's on Friday telling us what we already knew - the license was officially approved on Thursday, pre-market. Even the most amateur of investors saw that as a major red flag and the savvy ones pulled out before the drop and possibly flipped and made a significant amount of money getting back in at the low. The blame lies squarely on Marani's shoulders if they have truly been successful in implementing their rollout plan - which from what I can tell they are doing.
Notice the pumper posts about this stock's "true/real value" have calmed down? It's because they don't want to discuss the reason we haven't solidly broken through the 5's and upward. As soon as we break through (and I think we will), the "undervalued pps" posts will start resurfacing in attempts to keep the momentum going. This momentum can in reality only be sustained by Marani achieving distribution success and their decision to PR their achievements.
All MRIB needs to do is continue to be transparent (as they have this week) and selective about their timing of PR's to keep this train moving. I loved the timing of their last PR - it makes me think/hope they did put some thought into the effect it would have on their stock price. They have not "arrived" by any stretch of the means and the more they PR details of distribution the better this stock will be. They have not even come close to "earning the trust" of the investment community in these very early stages and need to divulge their distribution achievements as much as they possibly can.
"Better to Remain Silent and Be Thought a Fool than to Speak and Remove All Doubt" -Mark Twain
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