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Thursday, February 13, 2014 1:24:17 PM
The license is still pending. The moment it's approved there will be a major press-release with further details. The press-release will be ready to be put out within an hour of the license approval.
All of the inventory sitting in the warehouse is already sold!!! We are just waiting on the licensing approval, and it will ship immediately!!
There are shipment containers that have filled the warehouse capacity in Armenia. Those containers will be shipped as soon as the warehouse in California is emptied which will be days after the license approval. They have a lot of product, they have just run out of storage for it for the time being.
Dan Senters currently is receiving more and more demand for the Vodka in the other 8 states due to his distributing relationships. Currently Marani's hands are tied until ABC approves the license.
To all of the investors that support Marani, please just calm down. ABC spoke out of line and specifically told Marani that the license could be approved up to 48 hours. Hence why Margrit was excited on Money TV and stated "Days away from approval" ABC Licensing works at a tortoise pace. Pretty much like any other government agency!!! Remember average license approval timeline is 45-60 days.
Important thing is the Excise Tax Surety was lifted and this should help process the approval a little bit more smoothly. Marani took care of business.
If you would like to check daily regarding pending approval of the license please go to: http://www.abc.ca.gov/datport/LQSdata.asp?ID=76452261
The company has a lot of huge news that they will indeed announce "after" the approval of their liquor license!
MRIB is the real deal! Hang in their guys!!!
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