Really pathetic conversation imo. If you had done your DD, you would've known how their first attempt went, BEFORE you bought shares. Unbelievable.
Margrit put the company back on the tracks and imo she is doing a damn good job.
Imagine an Armenian family, finding a top shelf product and trying to market it in the USA, right before the big economical and financial crisis. They held tight until 2009/2010. Then they went dark to reorganize the company, to keep it from going into bankruptcy.
They succeeded. After 3 years the got the company back on the tracks. Now, in one year,
- they hired Dan Senters,
- they did numerous events,
- a container was shipped,
- Hi Times sells their vodka to 25 states,
- Specialty Cellars is a distributor,
- they are on the shelves of 13 Costco's (expansion is now coming),
- they are on the shelves of at least 6 Restaurant Depots,
- there are three brandy's that will be marketed in the USA,
- a port wine that will be marketed into the USA,
- there are 105M in international contracts (of which Brazil in on shedule),
- they did an interview with TV Azteca for their international contracts
- commercials are coming in the next few weeks,
- they are licenced in California, Minnesota, Illinois, Florida, Washington State, Arizona and Oregon,
- they registered with the SOS of CA,
- they registered with the SOS of Nevada,
- they got their Social media going,
- they preserved a $20,000,000 Tax cary forward,
- Margrit bought at least 35M common shares to align herself with her shareholders,
- the company issued a stock dividend to their shareholders,
- eliminated debt
- etc.
And those who read the previous financials from back in 2009, they would've noticed that the company's business plan is still in place and being executed.
http://www.otcmarkets.com/edgar/GetFilingHtml...ID=7441845
Margrit put the company back on the tracks and imo she is doing a damn good job.
Imagine an Armenian family, finding a top shelf product and trying to market it in the USA, right before the big economical and financial crisis. They held tight until 2009/2010. Then they went dark to reorganize the company, to keep it from going into bankruptcy.
They succeeded. After 3 years the got the company back on the tracks. Now, in one year,
- they hired Dan Senters,
- they did numerous events,
- a container was shipped,
- Hi Times sells their vodka to 25 states,
- Specialty Cellars is a distributor,
- they are on the shelves of 13 Costco's (expansion is now coming),
- they are on the shelves of at least 6 Restaurant Depots,
- there are three brandy's that will be marketed in the USA,
- a port wine that will be marketed into the USA,
- there are 105M in international contracts (of which Brazil in on shedule),
- they did an interview with TV Azteca for their international contracts
- commercials are coming in the next few weeks,
- they are licenced in California, Minnesota, Illinois, Florida, Washington State, Arizona and Oregon,
- they registered with the SOS of CA,
- they registered with the SOS of Nevada,
- they got their Social media going,
- they preserved a $20,000,000 Tax cary forward,
- Margrit bought at least 35M common shares to align herself with her shareholders,
- the company issued a stock dividend to their shareholders,
- eliminated debt
- etc.
And those who read the previous financials from back in 2009, they would've noticed that the company's business plan is still in place and being executed.
Quote:In addition to the Company’s premium vodka, in the future we intend to distribute the following products:
· Various premium brandy products manufactured by Eraskh.
· A line of sweet dessert wines manufactured by Eraskh.
To compete in the highly competitive market for premium alcoholic beverages, Marani Brand’s marketing and business plan is focused on maintaining and expanding its channels of distribution and enhancing brand recognition for Marani Brand’s premium vodka product through its recent rebranding, advertising, promotional and distributor relations efforts. Some of these efforts include:
· Major redesign and rebranding of Marani Vodka, including a new bottle
· Major redesign of the company’s web presence
· Primary production and preparation for the upcoming launch of a new advertising campaign, scheduled for early 2010
· An effort to trademark the Marani name worldwide
These efforts have incurred significant expense, but management believes that they are necessary to the continued growth of the Company.
Sources and Availability of Products and supplies
The Company purchases all of its products from a single supplier, Eraskh Winery, Ltd., under an Exclusive Distribution Agreement with Eraskh, an Armenian manufacturer of wine and other spirits. Marani Brands have been granted exclusive rights for defined territories, including the United States, Mexico and the Caribbean, with a right of first refusal for any other territories where Eraskh desires to promote and sell its products. The Exclusive Distribution Agreement, which was renewed this year, will expire in 2012 but is subject to automatic five (5) year renewals. Upon termination or non-renewal of the Exclusive Distribution Agreement, the Agreement provides for compensation from Eraskh equal to ten percent (10%) of the gross sales of Eraskh’s products in the defined territories, in U.S. dollars, for period of seven (7) years subsequent to such termination or non-renewal. While the Company has entered into a Letter of Intent to acquire Eraskh, there can be no assurance that we will enter into a definitive agreement to acquire the distillery as contemplated or that the distillery will be acquired.
The new bottles for Marani Vodka are currently being manufactured in France by Saver Glass Company and China by Universal Group Co., Ltd. and shipped to Armenia to be filled at Eraskh. Other suppliers of bottles are available to the Company at competitive market rates, should we need additional quantities or should our arrangement with Universal Group Co., Ltd. no longer be available.
http://www.otcmarkets.com/edgar/GetFilingHtml...ID=7441845
