Replies to post #102154 on Marani Brands Inc. (MRIB)

[specutator]

Where did you read "next wk"?

[Matthew Berg]

So 80 mill convertables next wk. mean lower pps?

Logic would dictate such but you never know. Flippers are buying into MRIB now strictly in a gambling frenzy with no attention to fundamentals and the constant devaluation due to steady, consistent and predictable dilution. The exact timing I can't be sure about because MRIB has zero transparency as it relates to their financing. Could be a week, could be two but there is no doubt they needed the money in August and they continue to need it every month since and with no revenues to speak of and with no ability to arrange traditional debt their only avenue is convertible debt and more toxic financing.

Keep in mind that most the dilution is likely six months behind. In other words, what you saw yesterday was committed in July for funds received in July with a six month maturity before free trading shares could be issued in January. So the big problem is knowing MRIB has no other source of income there are another six months of convertible debt lurking which have been consistently maturing monthly all year.