That is both wrong and misleading. MEI which is now Marani Spirits is a wholly owned subsidiary of Marani Brands. Read the EDGAR documents. Therefore Marani Brands is operating without a business license. Plain and simple. Furthermore, in addition to the $500,000 Magrit took from the company in 2009 not to mention the $6,000,000 she and the rest of the family took in 2009, she also formed a consultant agreement to get paid on the side through MEI. The only involvement of Marani Spirits was to assign the employment contracts of Ara and Ani and ALL liabilities to Marani Brands. Now there's a deal for the company. Furthermore, e company in that same year spent $1.5 million in expenses for the company and $5.5 million in salary and stock for e three family members. Read the filings. It's all laid out in plain sight. This is not only a scam but a blatant scam going for a double dip. To say that Marani Spirits is the "parent company" without checking is terribly misleading. Not only is it not the parent it seems to be a vehicle to siphon off money and shed liabilities at the MArani Shareholder expense. Bottom line is Marani is the only company represented by the stock and they are not legal. But they don't care because the is no intention to carry this company on much further. Just to sell what's left of huge stock. Same as 2009.
From the SEC filing
Purell and Margrit International Enterprises, Inc., which is now called Marani Spirits, Inc., are parties to a Consulting Agreement dated November 1, 2007 (the "Consulting Agreement"). Warrants (10,000,000) were issued in consideration of services, purportedly performed by Purell under the Consulting Agreement and related to the merger of a subsidiary of the Company in and to MEl, pursuant to which MEl became a wholly-owned subsidiary of the Company and the Shares were issued in anticipation of Purell assisting the Company with receiving approximately $10,000,000 of equity financing. However, no equity financing was arranged by Purell for the Company. Therefore the warrants were not validly issued since the Company did not receive adequate consideration for the issuance of those warrants.
She's collecting money on every front.
