CASH ON HAND 03/31/2014: $0 REVENUE 03/31/2014: $2448 less cost of sales was $3182 = - $734 loss NET LOSS 03/31/2014: $435,357 ACCUMULATED DEFICIT: $26,500,000
PAYROLL TAXES PAYABLE ON 03/31/2014: $250,398
ERRONEOUS INFO DISPLAYED ON OTCMarkets: Shares Outstanding: 179,346,327 a/o Mar 31, 2014** Authorized Shares: 700,000,000 a/o Mar 31, 2014 Par Value 0.001
** Company has been notified since April 2014 regarding incorrect publicly distributed share structure shown on OTCMarkets, yet they have failed to change it.
Toxic financier, Bodie Investments, Filed a 13G declaring 41,742,000 or .098% of the commons. How did Bodie sell the converted shares between 2010 and late September 2013?
Always notice the reporting person's signature, you will see it is that of the various financiers, i.e. Bodie, Asher, etc. However, Marani is the issuer.
If 42 million shares was approximately 1% of the o/s, then the o/s, or at least the o/s fully diluted, would be 4.2 billion shares, not 459 million.
Rule 144 was not available to holders of restricted MRIB stock between early 2010 and 30 September 2013. Did Bodie and/or Asher sell any converted debt during that time?