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DJ Ponder

03/01/15 1:29 AM

#104761 RE: Mikey Moneys #104760

AND PUBLIC CONFIDENCE IS BASED ON MANAGEMENT HAVING CREDIBILTY FROM ACTING IN THE BEST INTEREST OF ITS SHAREHOLDERS, FROM DELIVERY OF PROMISES MADE, TARGET DATES ADHERED TO, TIMELY FILING OF REPORTS. Accuracy and verifiability of statements made via interviews, press releases, and social media.

MARANI HAS ZERO CREDIBILITY

SO A REVERSE SPLIT BY THIS PINK SHEET POS WILL BE DEVASTATING.

Trading stocks we all see this reverse split thing spoke about.... MRIB has not came out saying a reverse split nor can anyone say they will do a reverse split.. Now that that's out of the way, IF a split is done in any stock traders always assume the worst.. I personally think a split in MRIBs shares would be beneficial for the pps, lower the OS in MRIB is a good thing, less shares to be traded meaning chasers will be running further for shares.. Now if MRIB needs some funds to run the company before Brazil revenues come in, shares diluted would be minimum because the price per share will be higher after the split.. Remember, market cap of a company does not change after a reverse split, it just means your shares are worth more and there are less to go around...

goblin9773

03/01/15 4:10 AM

#104763 RE: Mikey Moneys #104760

i disagree...a split would be very bad...i had xuii and gyst during the r/ss' they went through...xuii was eliminated( i had less than 10000 share and ended with 0 share) and gyst is dead with my remaining shares costing more to get rid of than their value as the value and volume plummeted after the split(had a 150% gain day this week...it was a slap in the face). unless they reduce a/s at a relative ratio, a r/s is devastating to shareholders ( at least in my experiences thus far)

Matthew Berg

03/01/15 11:12 AM

#104766 RE: Mikey Moneys #104760

Yea, none of this is accurate regarding a reverse split as it applies to MRIB.

Trading stocks we all see this reverse split thing spoke about.... MRIB has not came out saying a reverse split nor can anyone say they will do a reverse split.. Now that that's out of the way, IF a split is done in any stock traders always assume the worst.. I personally think a split in MRIBs shares would be beneficial for the pps, lower the OS in MRIB is a good thing, less shares to be traded meaning chasers will be running further for shares.. Now if MRIB needs some funds to run the company before Brazil revenues come in, shares diluted would be minimum because the price per share will be higher after the split.. Remember, market cap of a company does not change after a reverse split, it just means your shares are worth more and there are less to go around...



First, a reverse split in the presence of nothing more than a need to facilitate further convertible debt is ALWAYS a bad thing. There are cases where a reverse split such as meeting certain PPS levels to meet regulatory milestones, changing exchanges, etc. This is NOT the case wit MRIB. A reverse split in the case of MRIB is only a tool to extend what is their only source of revenue, selling stock. And the dilution due to this activity will NOT change with a higher stock price. That is nonsense. It will be proportional just as the market cap remains the same. Selling 10 million shares with an O/S of 100 million is no different than selling 100 million shares with an O/S of 1 billion. The convertibles are based on value not quantity. The dilution is identical. Again, talk about quantites of shares is absolutely meaningless. It's all about valuation.

And good argument could be made that even market cap would change, to the downside. The intention behind a MRIB reverse split in the absence of any other reason other than to keep their convertible debt machine going would indicate significant further debt and dilution coming which is already built in but not yet mature. The PPS would surely be effected in a negative manner right out of the gate and a lower market cap.

As far as chasers running further for shares? I have no idea what that means. Sounds like OTC mumbo jumbo nonsense. Again, everything is basically proportional. The only effect a reverse split has for MRIB is to provide breathing room for further debt issues and a PPS not dangerously close to par value that's hard to make a market on. But with no revenues, that higher PPS will simply start a new decline, become totally diluted over time but will have new room to run back down to the actual company value which right now is zero. 100 million shares of O/S with no revenues is no different than 10 billion shares of O/S without earnings. Leveraging a currently perceived company value even at $.0004 into a greater PPS is simply an illusion. MRIB would be no different than it is now. Just in a different package. Bottom line is MRIB is in a real bind and in danger of losing their only source of revenue. And there's nothing good about a reverse split and even worse effect that would come from increasing A/S. But they're going to have to do something because a SS in a state of hyperinflation is not going to be workable for very long for so many reasons and right now they are just a few short ticks away from par value.