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Thursday, 10/23/2014 10:55:06 AM

Thursday, October 23, 2014 10:55:06 AM

Post# of 123644
Marani 2008 was already here and done this! But, perhaps this time things will, ultimately, and hopefully, turn out differently.

http://biz.yahoo.com/e/081014/mribe.ob10ksb.html

14-Oct-2008

Annual Report

Overview

Our current business is the distribution of wine and spirit products manufactured in Armenia. In the future we may add alcohol beverage products manufactured in other countries.

The Company is a client of Southern Wine & Spirits of America, Inc. ("Southern"), the largest alcoholic beverage distributor in the United States. Through Southern, the Company's Marani Vodka is in retailers such as Ralphs, Safeway, Vons, Pavilions, and Dominicks, and in Southern California locations such as Ritz-Carlton Hotels, Marriott Hotels, Spago Restaurants and Lawry's Restaurants.

The Company intends to, and is currently in negotiations with, other distributors to reach arrangements to maximize distribution of its products in the United States. The Company also is in the process of identifying appropriate distributors of Marani Vodka in Italy, Switzerland, Monaco, Germany, Mexico, and parts of Asia.

Net Loss

We reported a net loss in 2008 of $3,440,960 compared with a net loss of $536,109 in 2007.



GLTA