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DJ Ponder

03/23/15 10:18 AM

#105690 RE: snoof77 #105689

The same nonsense was stated when the marani O/S was 421 million...
Everybody knows how well that turned out.

You're absolutely right. The outstanding share count is not bad at all for an OTC stock


SHARES ISSUED AND OUTSTANDING per the TA:
01/01/2014: 421,639,026
04/07/2014: 459,407,489
06/30/2014: 482,377,843
07/02/2014: 512,377,843
07/16/2014: 536,069,543
07/28/2014: 547,053,876
08/19/2014: 558,894,473
08/26/2014: 563,975,774
09/03/2014: 570,103,225
09/10/2014: 579,833,781
09/15/2014: 596,889,879
10/06/2014: 601,141,580
10/09/2014: 610,594,467
10/17/2014: 621,121,546
10/28/2014: 628,668,716
11/07/2014: 655,353,244
11/14/2014: 681,180,962
11/24/2014: 745,379,093
12/04/2014: 773,334,187
12/10/2014: 806,704,989
12/17/2014: 821,704,094
12/19/2014: 905,831,973
NOW 1,210,704,989


Holladay Stock Transfer
480-481-3940

Marani Brands would like to thank shareholders for their continued support of the company as it undergoes its revival of a truly unique product. The company feels that it is taking all the right steps to maximize shareholder value in securing constructive financing options. In order to preserve the company's integrity in the public market, there will be no common share dilution for financing purposes. Margarit Eyraud, CEO of Marani Brands, wants to make the investing community aware that shareholders are one of her highest priorities.


The CEO claims one thing, and the EVIDENCE states otherwise.


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misanthrope

03/23/15 11:08 AM

#105691 RE: snoof77 #105689

A good scenario for Marani Brands and its shareholders would be for significant revenues to be achieved by then from South America


Why would one speculate regarding possible positive revenues from SA, when the company has so miserably failed to produce appreciable revenues in the US?

This is the elephant in the room regarding SA - if Margrit markets as ineffectively in SA as she has in the US, there won't be any SA revenues of which to speak. There is no reason to think she will fare better there, as she hasn't shown any ability to advertise, market, or hire the proper personnel to do either. Margrit isn't just going to magically transform herself into a successful executive relative to SA, or she would have done so relative to the US.

Again - why expect better results in SA?
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Matthew Berg

03/23/15 11:46 AM

#105692 RE: snoof77 #105689

Again, the argument that the MRIB outstanding share count is good for an OTC stock is absurd. Share count is meaningless in valuation without considering revenues/earnings and other financial components. MRIB has no revenue, no cash flow and mountains of debt. An OTC company with five billion shares out but with even as little as $1 in earnings is still a better value than MRIB. Valuation in the case of MRIB as with most OTC stocks is reliant on a multiple of gross revenue les COG in the absence of earnings. 3X is considered on the high end which applied to MRIB represents a market cap of roughly $100K. Now we have something to apply share count to! At 1.2 billion shares out, MRIB PPS has a hgh value of $.000083. Pretty simple stuff.

That said, the more likely case as to what seems to be a break in dilution, is the lack of any financing sources. MRIB cannot use traditional channels and has been entirely dependent on toxic convertible debt. The idea that MRIB secured any private financing, let alone from Bodie, is just too far fetched to consider. The problem is the MRIB convertible piggy bank has run dry. The aforementioned PPS and the current PPS are no longer attractive for the toxic financiers. There's no downward run room and no reasonable spread and the risk of where MRIB will be in six months is far too significant. Six months ago the PPS was still at $.01 and even at a huge discount to market a convertible at .001 was attractive to the Sharks. Now they have to look at a contract price of $.00004 at best and upon conversion having to unload billions of shares. None of them will touch that deal. Margrit destroyed the value of the MRIB stock and it's no longer a financing tool, toxic or not.

Add to all of this the fact that the timing seems to be right in line with the company having been shuttered back in October. Money ran out, no financing available, employees couldn't be paid, etc. Any convertibles from back then would have matured by now. I think the last money MRIB could arrange was back in August-September and those conversions, over 400 million shares from middle of December up to the beginning of February was the last of it.