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Re: None

Thursday, 12/05/2013 8:52:32 PM

Thursday, December 05, 2013 8:52:32 PM

Post# of 224205
MRIB - rewashed/revamped.
wonder how many of the same type of press releases they will come up with this time around.

They did a couple of the new distributor thingies for the US before. Not sure what happened to those. Perhaps the contract ran out and they didn't renew it. Or they ran out of money.
From 2009
http://www.maranispirit.com/press/press_052709.pdf
http://www.maranispirit.com/press/press_060309.pdf

and the new one just announced:
From 2013
http://ih.advfn.com/p.php?pid=nmona&article=60246075

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they did the beer thing:
http://www.maranispirit.com/press/press_050609.pdf


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They did distribution in INDIA in 2009
http://www.maranispirit.com/press/press_050409.pdf

and now they are doing Brazil in 2013.
http://ih.advfn.com/p.php?pid=nmona&article=60140559
(note they pumped it on MoneyTV with Griffithe pumped his company)

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I also noticed they mentioned having done a LOI to BUY the winery that makes the vodka.

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 bottles for Marani Vodka Spirit are currently manufactured in 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.


maybe that will be another news items or they will announce they renewed their "exclusive" distribution agreement.

OH! and the BOAT RACE - Maybe they BROKE the speed record! That could be ANOTHER press release to WOW the crowd!

Heck all sorts of repeat press releases could be revamped to keep this thing going - AGAIN! and this time without a bunch of SEC comments after they file stuff!

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Boy they sure had a LOT of SEC comment letters!
http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001312623&owner=exclude&count=40&hidefilings=0
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