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It looks like CA ABC are updating things. MRIB is heating up. Can't wait to see the next PR's.
There are none planned nor will there be any in the near future. This has been addressed many times already. But you can look it up in all the information over the internet if you would like.
MRIB
It is on average 55-65 days. So March 1st-3rd is not a set in stone date. Saying they should have the license by now is not accurate. No one knows exactly when the decision will be made. Only a rough idea of when it might be decided.
Don't forget shipping to my house! I'll be using the feature on the website to buy some bottles. I want to try the vodka out and see what mixing combinations are good.
MRIB
Marani on Qlimax Do Brasil Facebook page!
Looks like Marani Vodka is getting around.
Can't wait to see more developments!
MRIB
It is unlikely that there will be an issue with the taxes because if you read about delays or denial of a license due to tax issues, California rules say that they may recommend refusal to issue a license if they are on a certified list.
Here is the Top 500 List:
Top 500 Delinquent Tax Payers list.
CALIFORNIA CODES
BUSINESS AND PROFESSIONS CODE
SECTION 490-494.5
Part 3-4
MRIB has many catalyst PR'S in the near future. Lots of money to be made here.
MRIB
Read over my post again. I said reported revenue. You say they have never been able to sell the vodka yet when you look up past reports, they have revenue on them. How can they report revenue if they have never sold a bottle of vodka?
MRIB
You do know they have reported revenue before...
They have sold the vodka. Yes they have debt now but to say they never been able to sell it is not an accurate statement. Just check some of their old reports.
.10 is very likely given the amount of catalysts that are about to be announced.
MRIB is sitting @ .013 right now. Trading green for 7 days in a row before any press releases are announced. The 52 week high is .0248 I do believe. Going past .0248 will be easy right after the license gets approved. The following press releases could push it past .05 depending on what they are and the value they add to the hype and potential revenue in the near future.
With the support levels rising after each rise and dip, the volatility of MRIB being able to run high off of catalyst news, and potential revenue reporting in the near future of Q2 and Q3; we could see this hit .10 easily. As long as all this goes well and Marani continues their focused marketing campaign and land some more contracts over the course of 2014, we could see it come close to 1.00. It just depends on the next few months and how things play out.
Ask slapping always helps.
People always say get cheapies. But it will only drive the price down if everyone buys the bid. This stock is going to run.
Looking like a multi-bagger to me!
MRIB
MRIB License approval, product launch, plus contracts!
If you haven't been keeping up, MRIB Marani Brands Inc has been gaining momentum and attention as they count down the clock to their CA ABC License approval that is supposed to be decided within the next week or two. MRIB has been trading green for the past 7 days in anticipation of the license news. Two contracts so far totaling $70 million over 5 years (confirmed with no disputes by FINRA), ability to buy the vodka straight from their website www.maranispirit.com, a focused marketing campaign lead by Zodiac Brands (Facebook), and all the DD you can find on the internet that is public showing evidence of the progress their marketing campaign has made so far. This will be a multi-bagger. Check out some DD:
CA ABC Website to check license updates.
Marani Brands Facebook
Seeking Alpha: Marani Brands Inc- Public Information and Factual Evidence
Seeking Alpha: Marani Brands Inc- Brazil Contract Information
SA Article: MRIB Progressing Forward 2014
Marani Brands Inc: Paving The Road For A Comeback
Seeking Alpha: Marani Brands Week in Review MRIB
Lots of great DD information out there. This stock is definitely something to watch over the next couple weeks to couple of months. After the launch and shipments occur on the contracts, revenue reporting will commence with the PR's said to be announced following the CA ABC license approval. Lots of catalysts on this one.
MRIB
How Marani can eliminate any debt they have.
To quote WinnerWinner:
Brazil is looking good! License approvals, product shipments, sales straight from the website, and big news to catalyst the price higher. This will be a multi-bagger!
MRIB !
I'm pretty sure Marani knows of the criteria of requirements needed to be done in order to import a product into the USA. They have shipped products before.
Is there a database to look that info up? If it's not apparent on the internet, does not mean it doesn't exist.
The producer does not export the product. You will not find a bill of lading for the producer of the vodka. You can find a bill of lading for the exporter which is Marani Spirits Inc. There was DD listing a link of the bill of lading.
They applied for a new license. They are unable to renew an auto revoked license. Their old license is just a piece of paper unusable. Their new license can be renewed at the end of its term.
It is a new application for a new license since the previous license was auto revoked due to not renewing it within the allotted time frame. This isn't a person to person transfer. This application processing time is on average 55-65 days to take. It started on Jan. 6th. On average is stated because each applicant is different and some are quicker than others.
The decision should be made here in a couple of weeks approximately.
Mr. Faria, Brazil Marani Marketing Management Amn. Seems to be pleased and excited with the progress Marani and QLimax, the distributor, has made so far. Can't wait to see shipments sent soon to Brazil after the American market gets the launch here soon!
MRIB!
Brazil Distributor Confirmed for Brazil contract!!!
More and more news coming out with more catalysts on the way. MRIB is going higher each day. Once the license gets approved we are breaking into higher 52 week highs! Very soon!
License gets approved. Big PR'S to follow.
Many catalysts are coming within the next few weeks. Going to be exciting watching this stock become the next multi-bagger! Sales will commence in the US after the license gets approved. Shipments will hit Brazil and Dominican shortly there after. Revenues will be reported soon after that. Going to be an exciting Q2 here soon!
MRIB
Increased volume, rise in price, new faces on the board....
All before news has been announced. This breakout will be nice when the license gets approved!
MRIB
Emailing CA ABC with information that can be construed as hear-say off of some forum board from accusations from one member seems like a good idea. Should hold up well.
Seeing how this information was not formally put out by the CEO or even briefly mentioned in a conversation from the CEO, I don't see that email going anywhere other than the trash.
20,000 cases of production per month...TRUE
Brazil shipments...TRUE
Dominican shipments...TRUE
US demand so high that they had to delay the Brazil and Dominican shipments...TRUE.
Armenian warehouse full...TRUE...They have 20,000 cases produced each month. Looks like Brazil is ordering the product since they have a distributor on hand. No joke. Exciting news!
8 states will have distribution...TRUE
Remember, US demand IS so great.
This is some great information.
License Approval and PR's to follow approval
I think this will hit past .025. Specially if numbers and revenue are thrown in. Not sure what the following PR's will be. I see many catalysts about to be announced and one thing that moves a stock price, is the catalysts that strike an investors attention.
Only a couple weeks left. I'm excited.
MRIB
Great DD! I posted more SeekingAlpha articles
Good job to everyone who found this information and is passing this out!
I wanted to get this information out to anyone interested so I wrote a couple of articles on Seeking Alpha and my blog. Hopefully this information will get passed to everyone who was looking for info on the Brazil contract.
Seeking Alpha
http://seekingalpha.com/instablog/16539642-joe_psprofits/2681201-marani-brands-inc-brazil-contract-information
Blog Article
https://psprofits.wordpress.com/2014/02/17/marani-brands-inc-brazil-contract-information/
Marani is accomplishing what they said they would.
1. Eliminate some debt.
2. Begin to restructure.
3. Begin a focused marketing campaign.
4. Secure a distribution channel.
5. Promote the brand at various events.
6. Becoming active with their license in California for distribution in the US.
7. Website updates and sales through the website.
8. International contracts and sales of their award winning vodka.
9. Additional contracts and distribution after the launch of the vodka in America.
More to follow such as revenue reporting, shipment announcements, additional contracts and event promotions.
As far as I see it they are accomplishing each and every thing they said they would.
I stepped away from this forum for a few days due to a death in the family. When I came back I see the same arguments from the same people. The same arguments that have previously been proven wrong.
I see them doing great once this product is launched in addition to being able to generate sales through their website. Not to mention international efforts. MRIB is going to rise for higher 52 week highs.
Just check the charts and the progress this company has made so far. Regardless of any board post about negative accusations.
The DD proves that MRIB is going to rise yet again like the last run, if not higher.
MRIB
MRIB is on it's way back up. Once this license gets approved and everything else comes together, we'll see the share price where it should be. Higher than we are at right now.
MRIB
March 1st is the 55 day mark. But 55-65 days is an average. Some take less time some take more. I'd say within the next couple of weeks this license will get an approval.
Last time I believe was marketed as the vodka alone. If you look at a lot of these events lately, they are mixing Marani in cocktails and mixed drinks. Maybe they took the advice from people who tasted Marani before and started promoting what mixed drink creations Marani is good in. There are a lot of liquors I do not like straight up. Mixed into a drink though, that is a different story. Maybe we will start to see people posting mixed drink recipes or maybe YouTube videos of mixed drink recipes after the product hits the shelves.
MRIB
The big news is this license getting approved.
The other PR'S are nice updates on progress and accomplishments. Watch how much this stock moves when the license gets approved and sales get announced.
Looks like Marani found their comeback strategy.
All the steps they announced they will take have been accomplished over the past few months. They are marketing their vodka to a few different markets across global markets. They are about to get their license approved and open up to the American market with a new approach and a dedicated focus in taking their award winning vodka to new heights! It has been exciting to see every event unfold.
-Contracts being announced
-Massive marketing campaign
-Some debt paid off
-NO DILUTION
-Legal paperwork being taken care of
-California License in the process of getting approved
-FINRA validating the contracts announced.
-8 States to offer their vodka after license approval
-Being able to order straight from the Marani website!! That is awesome. More available avenues for sales.
-Much more to come!
Can't wait to see this take off like all the dedicated shareholders know it will soon.
MRIB
Vogue event in London tonight!
Great news! More marketing and brand awareness. Nice to see they are constantly doing working hard!
MRIB
Thanks for the great info rusty!
MRIB
It's to cover any excise tax liability to the state. They have to submit that by an insurer, I believe, along with the submitted application. Just another step closer to a decision being made.
Great DD alinswift!
So you have been following this company for 13 years?
Haha. I mix up my dates from time to time. Haha