InvestorsHub Logo

Matthew Berg

01/31/15 12:51 PM

#103238 RE: pennypuptech #103183

WHO IS THE DISTRIBUTOR?



Good question. One I have a feeling will never be answered as it hasn't been in many years. If you knew who the MRIB distributor was you could potentially do some DD on them and MRIB does NOT want that to happen. For the same reason they don't disclose the details of the agreements other than unsupported dollar amounts designed to deceptively induce positive speculation for revenue.

Just like you'll never know how many convertibles were done over any six month period prior to actual issue. Just like you'll never get audited financials. Just like you'll never know the names of the unnamed "lenders" MRIB lists in their unaudited quarterly results. Just like we'll never get any proof that Wine Plant of Eraskh exists or find out who owns it. Just like you'll never find out where $30 million has gone over the past seven years.

When running a scam they can't expose themselves to inspection or validation. Leave out the details and any possible trail to the truth is the MO. Unfortunately, the trail and MO for MRIB has become a little too obvious. After numerous Brazil fails and no US sales I don't think there was anywhere else to go for MRIB but to try and resurrect the Brazil fantasy. Perhaps it's just a setup for Margrit and Ani to take another Brazil vacation on MRIB money. In the end of the day I don't think anyone is actually buying it. Fool us six times? I don't think so. I think the under water folks will just see how much this bogus news can pump the PPS if at all trying to recover something from what they know now is a scam. We shall see.

Just curious... has anyone ever seen a PR, let alone six of them, from a public company touting a huge distributor agreement and deal supposedly worth $100 million three or four years in the making and not a single name, company or details included (where it wasn't a scam of course)? Or how about the attempts to legitimize the deal with everything but actual results like the FINRA document and claims of paperwork completed? I've never seen such. All fluff, no execution. But then again you cannot execute if there's nothing there to execute.