Replies to post #106573 on Marani Brands Inc. (MRIB)

[joerich]

Might stop trading!! http://www.otcmarkets.com/stock/MRIB/quote

[VeronicaFox]

Based on what? Is that similar to we should all expect financials on time? FYI, the financial report is two months late, and in addition the next quarterly is due May 15.

News is pending

[Matthew Berg]

News is no longer pending. It's out. OTC STOP no information warning is now publicly posted with warning to all insider, principals and affiliates regarding potential criminal consequences regarding stock transactions. Looks like the situation for MRIB is dire. New really couldn't be worse. MRIB doesn't even have the option to seek convertible debt even if there was someone foolish enough to consider it.

I'd say it's pretty much game over. As if it wasn't back in October. Shipment to Brazil just went from "soon" to "never". I doubt MRIB could even afford to ship anything. With no positive cash flow and no more convertibles it would be surprising if they could pay the rent.