No one is saying any lies here or quick drive bys. We've
No one is saying any lies here or quick drive bys. We've all been with MRIB awhile now. Not sure if you checked but Friday we hit low .0053 and previous friday close we were almost double that at .01 close.
So, what changed last week? Really nothing. We had two PRs + good news about billboard in Times Square, was a non scheduled MoneyTV. We cannot and do not want to be on the show every week. We had a huge A/S bump, but O/S has increased only 1.5% recently to 610 mil which is still respectable.
I have not traded any MRIB at all last week. Just watching it. After watching my account now upside down - I don't feel comfortable buying any more.. At the same time, I believe in MRIB and excited the see next update about "national super liquor outlets" that was released in the PR. I am not excited about the fins because after seeing the A/S increase PR - they admitted there has been much financing - which means sales have not been great.
My personal insecurities come from: the way Brazil is going /went? Margrit never even mentioned publicity who the Brazilian distributor or partners are. No website, no numbers besides expected $80mil - $120mil. The only way we know Junior Faria is involved is because of his Facebook post which announced the deal and showed him with Ani and Margrit. So - thats really all we know thats been confirmed. Shipments, letter of credit, contract itself, commercial with portugese voiceover are up to investor to believe if real. We saw one or two twitter users with a bottle which appeared Brazilian but was it. Thats Brazil - 40 mil contract in one paragraph.
Positives: I do believe Dan is going to come out with another huge win for us. I believe the PPS will bounce back between .008 and .011 again. Dan mentioned some end of month New York events he is scrambling to get product ready for. On Facebook, it was replied that Three Graces might be available now. We also should be getting a shipment in soon from the 36000 bottle order.
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