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  4. Marani Brands Inc (MRIB) Message Board

But I only expect green if they notice that we ave

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Post# of 9964
Posted On: 10/22/2014 9:47:27 AM
Posted By: gbrl222
Re: gbrl222 #7022
But I only expect green if they notice that we ave already received $250,000 in July.
This was done on purpose so the next financials will look so much better. That quarter of a mil done 4 quarters will make enough to cover what debt was made and look great on next years fins, should bring it skyward then, because it is higher than the current operating expenses of $650,000 over 4 quarters.

Does anyone know what the convertibility of the preferred shares are, if any. Or what makes them preferred anyway. They should had authorized more commons, and because of that alone, it is going to scare alot of shareholders.


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