Nice! Agreed, they just need to use share issu
Post# of 9964
Posted On: 10/06/2014 2:35:09 PM
Nice!
Agreed, they just need to use share issuance for the right things.
At the rate of the last year, it would take two years before they reach 1B O/S.
Yes, 2015 will be the year imo. I very much like the comparison with PDRDY that BLTAshareholder brought up.
PDRDY (Pernod Ricard) is a vodka stock with an O/S of 1.3B.
They trade on the same exchange as MRIB and currently trade at $22.
The 601M O/S of MRIB is meaningless and the increase of the A/S is perfectly normal with what's going on now.
MRIB is trying to capture a piece of the market.
Costco, Brazil, Restaurant Depot, major media and marketing campaign, and now another BIG BOX RETAILER to be announced very soon.
It takes time to build a company and its name.
Also, on the other board, someone brought up the previous LOI to buy Eraskh Winery. What if they still want to buy the distillery? It would probably be bought with stock, just like back then.
http://www.secinfo.com/d145De.s12f.b.htm
Just speculating here of course.
Agreed, they just need to use share issuance for the right things.
At the rate of the last year, it would take two years before they reach 1B O/S.
Yes, 2015 will be the year imo. I very much like the comparison with PDRDY that BLTAshareholder brought up.
PDRDY (Pernod Ricard) is a vodka stock with an O/S of 1.3B.
They trade on the same exchange as MRIB and currently trade at $22.
The 601M O/S of MRIB is meaningless and the increase of the A/S is perfectly normal with what's going on now.
MRIB is trying to capture a piece of the market.
Costco, Brazil, Restaurant Depot, major media and marketing campaign, and now another BIG BOX RETAILER to be announced very soon.
It takes time to build a company and its name.
Also, on the other board, someone brought up the previous LOI to buy Eraskh Winery. What if they still want to buy the distillery? It would probably be bought with stock, just like back then.
http://www.secinfo.com/d145De.s12f.b.htm
Just speculating here of course.
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