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Marani Brands Inc MRIB
Posted On: 04/30/2014 12:05:17 PM
Post# of 9964
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Posted By: QP
On occasion I read the brilliant posts on that other "board" . I loved this post "how do we know if the Brazil shipments will be sold" I'm convinced half these people don't bother doing any DD or know how things work. The shipments to Brazil or any other International destination ie. Mexico,D.R. etc. is based on the company getting 1/2 the funds prior to shipment and the other half upon the product reaching port. The distributor in those countries is responsible on how they move the product. Marani just needs to ship product based on the LOC from these distributors/importers. Since we don't have any details on the contracts. I assume both parties have committed for the amounts and time frames set. So shipment made = revenue reported! Anyone who still posts there feel free to copy this and post it there.













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