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Sasha72

09/03/14 1:41 PM

#89777 RE: Matthew Berg #89776

This sounds like a reasonable explanation why this stock went to 5 cents 4-5 months ago (with all those bogus PR-s) and now is struggling to make it up to 1 cent after this latest teasing PR.
I think they should either come up with Finnacials or shut up!

kayakzz

09/03/14 1:49 PM

#89779 RE: Matthew Berg #89776

Matt:

Thanks for your well reasoned post.

Here's something to think about... Marani can't announce shipment of finished product unless it's fact. That would be fraud. So they could order another container, but that would cost over $100K. So why not just create the illusion of more product coming by ordering and paying for $7500 worth of empty bottles and letting all the MRIB longs make the interpretations that it's an expansion and more shipments are coming? Let the public deceive for them without potential for SEC recourse action. It's a tease at best and more likely a deceptive and last gasp effort to support the PPS before financials come out so they can finish unloading stock at max price the market will pay on this bogus PR. Looks to me the market isn't falling for it.

The reasoning is simple. Marani has a problem. It's a known fact that they only have a certain amount of product to sell and that maximum is now locked in for the third quarter as well because it's too late to receive any more. It's less than $100K in sales, not profits mind you, for both Q2 and Q3. They desperately needed to create some more fantasy revenues. Think they just did it without violating any laws for less than one stack of high society. Probably will preserve $50,000 in future dilution and stock issuance/sales. Bottom line is come November 1 when the actual financials prove all this PR was a ruse, and it will, we will all be wondering why any of us supported these deceptive PRs and announcements obviously intended to create illusions of revenue... always in the future... always in the future.

linkvest

09/03/14 2:05 PM

#89780 RE: Matthew Berg #89776

Wrong berg...[/b]First of all why would they want to tell you and their competitors on how much product they have on hand and in transit? LMAFO..... That business 101. Try calling up Seagrams and asking them how much stock do they have and when is the next shipment LMFAO... not going to happen folks. But what we do know that is all MRIB FACT are:

Real Company products
Real Rev's
Real CEO with a great management team.
Real verified products on the shelves at retail stores.
Real transparent company
Real business plans and execution history.
Real National Advertising Campaign
Real National Sales Reps
Real International contracts worth over 120 MILLION DOLLARS
Real contract and on the shelves with COSTCO and other possible other national chains.

GO MRIB

Lazy Money

09/03/14 2:20 PM

#89783 RE: Matthew Berg #89776

MRIB - dumped close to 40 mil shares in the last 15 days of Aug. Even at .008 that's $320k. This gives them funds to pay for a few more shipments.

You also have Rev's from the previous shipment. They are doing a good job at slowly paying the bills, expanding the brand and staying afloat without totally sinking the stock.

This baby still has some play left in it, just don't fall in love with it.

IMHO

So they could order another container, but that would cost over $100K. So why not just create the illusion of more product coming by ordering and paying for $7500 worth of empty bottles and letting all the MRIB longs make the interpretations that it's an expansion and more shipments are coming?

TapePainter

09/03/14 2:20 PM

#89784 RE: Matthew Berg #89776

Sure, it would be better to have a PR like: Product is on route to Brazil. Instead of incremental update.

But, we don't know the production capacity or schedule of the glass company - maybe there was a legitimate delay with Saverglass. They do product bottles for GreyGoose and others.

If that is the latest excuse for marketing delay and/or container shippings, then I accept it. The PR seems reasonable to me and is an important production detail.

The actual quantity of the shipment seems reasonable also IMO.