Investors Hangout Stock Message Boards Logo
  • Home
  • Mailbox
  • Boards
  • Favorites
  • Whats Hot!
  • Login - Join Now!
Marani Brands Inc MRIB
Posted On: 10/22/2014 9:04:42 AM
Post# of 9964
Posted By: gbrl222
Re: jspyder85 #7007
My main concern is seeing that the company may have to cease, if sales do not pick up. At the same time they said they entered 2 agreements of a year toward the end of June, which were paid partially at the start of July and this shows that they have expanded some, but these will go on next quarter's financials. I am guessing Costco and Brazil. Brazil was supposed to be a five year contract. Maybe they are just getting paid differently. This definitely shows that they have expanded some and I like how it will all go on next quarter.

At the same time, the preferred shares scare me. What is their convertibility? One to one common, or one to ten common? Next quarter is make or break, but we know at least $250,000 dollars will appear on the next financials, which already looks better than anything on last year, so I think they created most debts to get the product out. Now is time for them to move.

Anyone please correct me if I read or understood something wrong, but it looks like the fun began on July, 3rd, and the 8th This alone will make the next financials smoke this one.













(0)
(0)









  • New Post - Investors HangoutNew Post

  • Public Reply - Investors HangoutPublic Reply

  • Private Reply - Investors HangoutPrivate Reply

  • Board - Investors HangoutBoard

  • More - Investors HangoutMore

  • Keep Post - Investors HangoutKeep Post
  • Report Post - Investors HangoutReport Post
  • Home - Investors HangoutHome
  • Mailbox - Investors HangoutMailbox
  • Boards - Investors HangoutBoards
  • Favorites - Investors HangoutFavorites
  • Whats Hot! - Investors HangoutWhats Hot!
  • Settings - Investors HangoutSettings
  • Login - Investors HangoutLogin
  • Live Site - Investors HangoutLive Site