Posted On: 10/22/2014 7:53:49 AM
Post# of 9964
It is more or less what I expected.
Revs (11K )are only from online sales mostly, starting end of March through Hi Times. There are approx. 60-65 business days from 03/25 to 06/30. So that's about 1 case a day on average. Not bad at all imo.
Debt was reduced compared to 2013.
They got money end of June from two lenders through promissory notes, which only mature in June 2015.
Margrit slightly increased her position with from 35M to 37M shares during that period.
It looks like Eco Investment also holds 32M shares (decided to go long?).
Current SS according to OTC Markets:
Shares Outstanding 603,889,879 a/o Oct 21, 2014
Float 503,657,755 a/o Oct 21, 2014
Authorized Shares 1,800,000,000 a/o Oct 21, 2014
http://www.otcmarkets.com/stock/MRIB/profile
I'm more interested in the November, 15th and Februari, 15th financials.
It's all about the sales and keeping debt under control now... Time will tell...
Revs (11K )are only from online sales mostly, starting end of March through Hi Times. There are approx. 60-65 business days from 03/25 to 06/30. So that's about 1 case a day on average. Not bad at all imo.
Debt was reduced compared to 2013.
They got money end of June from two lenders through promissory notes, which only mature in June 2015.
Margrit slightly increased her position with from 35M to 37M shares during that period.
It looks like Eco Investment also holds 32M shares (decided to go long?).
Current SS according to OTC Markets:
Shares Outstanding 603,889,879 a/o Oct 21, 2014
Float 503,657,755 a/o Oct 21, 2014
Authorized Shares 1,800,000,000 a/o Oct 21, 2014
http://www.otcmarkets.com/stock/MRIB/profile
I'm more interested in the November, 15th and Februari, 15th financials.
It's all about the sales and keeping debt under control now... Time will tell...
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