How did I know the fact that Marani is no longer on Costco shelves would somehow be spun positively? Nice try but no. Looks like any product they had was returned with no intent to reorder. Regardless, I was told that they had only one order on record for all of Southern California which was for the Burbank store and as I said it is old and now over a week late. We know MRIB has plenty of inventory so there's obviously a serious account management problem since Dan Senters left. More incompetence by Margrit. How hard is it to manage orders for one store?
So as far as the list of "what ifs" I think it's safe to say that at least one can be crossed off the list. Furthermore, since Costco accounted for pretty much 100% of revenues in the last financials we can probably assume MRIB is pretty much down to what they had before Costco came along... $2,500 per quarter.
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