BTW anyone can call TA the OS is unchanged so those were old convertible notes as I suspected.
MRIB
I explained it in full this AM. Here it is. I have seen when the convertibles come up before as I have been here since last year. Some must have come up last week thus the new promos last week and I guess some said even early this week. I do not see anything being dumped today so I would assume the convertibles were sold into late last weeks run and the last sold off yesterday where panic selling ensued. This is what I feel has happened. We had another MRIB conversion. Remember as the OS increased since last fall the converters were given shares for loans to help start the company back up. I remember one a couple months ago. They hired a promo company and shares were sold then but we had enough volume to help support the PPS. On that one we ran to .03 then we slowed down over time and churned the .02 to .025 range. IMO another covert expired and they were allowed to sell starting last week. Obviously a lot off misinformation has created panic selling also since earlier this year. With that said I believe that is why they did the recent promos late last week and early this week for another conversion. I hate it but it is obvious. The PPS ran and they sold into the volume last week and now early this week. However most of the selling on the way back down has been pure panic selling. Like I said the DD here is awesome for anyone who wants to do DD read news filings etc. I have always been patient I just hate seeing such massive losses in my accounts. It is not fun but I will stick to the real DD and not rumors or innuendos that create panic selling. We will recover stronger than ever ahead IMO.
Is it panic selling or convertible dumping?
I'm so confused.
MRIB TO THE MOON!
I think as a MRIB shareholder we have to be patient. The recent drop scared a lot of people and many panic sold. Most will be watching the charts now for supports to hold and new supports to be made. The fact that MRIB is a great long term investment has not changed for me. I will not be adding until I see either .01 become new support and that could happen with ease but we will need to chew through a lot of profit takers above from yesterdays lows. Or I want to make sure we do not drop to old support levels from last year at .0065. I still believe the best DD is the company news etc. and I will continue to post it.
Why isn't the news posted to IHub?!
In other news, I'm at even money once this hits .0106 after my high buy-in yesterday before the Scottrade nuclear detonation that left most of us furious as we watched the PPS plummet.
Let's get this back into the 2's this week!!! GO $MRIB!!!
#6 Most read and #6 most posted now and #21 breakout board on iHub.
The only $1 this company will see is Market Cap
Quote:
Just as predicted mega reversal to $1!
"pps taken down on no news"
What's the date on this fluffgram?
Quote:
Marani Brands Executes National Sales Rep Program Focused on Canvasing Retail Locations Starting in California
TUSTIN, CA--(Marketwired - Aug 13, 2014) - Marani Brands (OTC Pink: MRIB) (PINKSHEETS: MRIB) management has started a Marani Vodka Spirit sales rep program to go national over the next year with up to 100 reps focused on canvasing all retail locations to expose the company's award winning ultra-premium vodka spirit. Starting in California the program has recently kicked off with reps covering territories that will help create the awareness for the purchasing of the product.
Thank you Veronica.
Road Map for Margrit's Temporary Success
Rather than spending 28K on BS promos, Margrit should hire people to drive around to the 13 Costco's that sell Marani and buy every bottle on the shelf. She should then issue PR showing the BIG Costco reorder. If she followed this simply strategy, she could sell the same bottle to Costco a dozen times, maybe more. Yes, she would be losing $10-15 a bottle, but she could more than make up for that in the increase in the PPS as she dumps the remaining stock.
So, OK, my plan is probably a felonious act but I don't believe it is any worse than the rest of the MRIB business plan.
if you look at the things MRIB are doing with in the company you will conclude things are great ,and they are. everything moving forward and sales are great, with more being added every day. what is to fear ?? really , WHAT IS TO FEAR. great product, and DAN !!
it is OK, vodka sales are very good and the future is bright.
11 up....
mrib
Powers that be need to let MRIB pps recover.
Add all you can I'm telling you we going up this afternoon
A big group coming to buy in tho afternoon
pps taken down on no news,clear sign mm want this bad $$$$$$$$
Really? I wonder why MRIB is trading OVER a penny at the moment?
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The market states MRIB is worth less than a penny!