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  4. Marani Brands Inc (MRIB) Message Board

Gusfraba my friend. I think it's our fault that we

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Post# of 9964
Posted On: 11/27/2014 11:20:38 AM
Posted By: cmthekid2690
Re: verax #7543
Gusfraba my friend. I think it's our fault that we didn't figure out the amount of convertible debt issued before making an investment. The convertible debt was issued 1 year ago so it's always been set in stone since then and everyone should have known that 1 year later it would come back to bite. I blame myself for not knowing the impact convertible notes would have on the PPS. This is a startup company and it's needed IMO. I never knew anything about how conv. notes could impact PPS but it's a lesson learned and it will help me prevent myself and others from making future mistakes. The best time that one should enter this is when the company shows revenue/profits from international shipments and the dilution stops. Shoulda, coulda, woulda, I'll admit my mistake, I fucked up. I should have waited for the international revs/profts to become legit through fins and dilution to stop. Nothing we can do now but wait until this happens. When it does, it will recover. If not, hit the reset button and learn from mistakes. Happy Thanksgiving fellow $MRIB shareholders.


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