Replies to post #82582 on Marani Brands Inc. (MRIB)

[DJ Ponder]

SEC qualified AUDIT
vs
PCAOB equivalent AUDIT

NO COMPARISON.

[cjstocksup]

I said MRIB is current on filings with OTC! They report like ALL other stocks every 3 months! Read my post and the link! I also said they do not report through Edgars, SEC!
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=104324208

[Matthew Berg]

Veronicafox simplified it. They are unaudited financials and have no opinion behind them. They can say anything. For instance, my belief on the suspicious subscription fee on the last financials most likely was a fee paid to Magrit for her consulting contract. I'd bet that the $90,000 subscription fee that came in as revenue went right out the backdoor to Magrit as a consulting fee or something like 10% of the money raised to reduce debt even though she was using company stock to do it. I would also bet that any accountant desiring to keep his license would have to notate that. There are many examples of lack of notation and information that would be provided if they were audited because the CPA would eventually be liable. These are just spreadheets generated by the company internally and not CPA audited nor GAAP acceptable. They also lack what is required in an official consolidated audited statement. The company is basically giving shareholders what they think they want to see.