Replies to post #26812 on Marani Brands Inc. (MRIB)

[136]

What makes $MRIB so special is that we are sitting 5-10x under where we should be rightfully valued.

The market cap is ~$4.5 Million.

That just doesn't coordinate with a $40 Million deal.

HUGE upwards move coming !

$MRIB

[hedge_fun]

I see that. It varies from the OTC filings.......

7) Describe the Issuer’s Facilities
The company currently shares office space at 15941 Red Hill Ave. Tustin CA. The lease is for a one year duration.

http://www.otcmarkets.com/financialReportViewer?symbol=MRIB&id=112599

I see quite a bit of "questionable" info in the IBOX.

For example, the last filing linked above states:

Entities owning in excess of 5%

RBC Dexia Investor Services Bank S.A. Luxembourg
c/o Bank Julius Baer & Co. Ltd. Attn: Christian Munger, Hohlstrasse 602, , CH-8010, Zurich, Switzerland
21,744,440 or 6% of the common shares outstanding

But the IBOX suggest otherwise based on outdated info. It states:

According to the 13G/A that was filed on the 14th of Feburary 2012, 20% the common stock is held by Swiss & Global Asset Management Ltd. ("Swiss & Global"), a wholly owned subsidiary of GAM Holding Ltd.

That's like using the last 10K they filed and saying the current I/O share count "is" 183MM.

Just sayin'