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Marani Brands Inc MRIB
Posted On: 03/05/2015 1:51:57 PM
Post# of 9964
Posted By: MRIBrocks
Re: Chewbacca333 #8675
Chewie:

The PR states, "The Company and Bodie Investment Group have reached a settlement agreement, The Company has agreed to reinstate the original convertible note dated Feb 2, 2010 for $100,000.00 in its entirety."

http://www.otcmarkets.com/stock/MRIB/news/Set...50&b=y

If Bodie tries to unload at .0005, he is going to push the price down to .0001 and then there will be no buyers left. Bodie will be a huge bag holder. However, if Margrit does a R/S of say 1000 to 1, it will push the price up to.50. At that price Bodie has some breathing room because buyers will load up all the way back to sub penny.














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