Interview With CEO Of Marani Brands And A Brief Tour
January 14, 2014 by psprofits Leave a Comment
A recent shareholder of Marani Brands Inc. (MRIB) recently had an appointment to meet with the CEO, Margrit Eyraud, and other key employees of Marani Brands Inc. The intention of this visit was to raise a few questions that shareholders had, take a tour of the place, and to try get a better understanding of what Marani Brands have been accomplishing over the past few months. The shareholder , known as The Taber on Ihubs stock forum (Identity not published for privacy reasons), asked a number of questions and was able to get a sense of what the CEO’s goals for the company are, and how caring she is towards the best interest of Marani Brands investors. Here are some of the questions and answers that The Taber asked:
Note: Not all questions are new questions. Some questions were asked for further confirmation or for a bit more information.
1. Mirani Vodka is 80-100% confident that shipments will be delivered on time to Brazil and the Domincan Republic by the end of March 2014!
2.Consumers can expect to start purchasing /finding Mirani Vodka at several retailers/restaurants in California within 30 days! They are working with two distributors that will stay unnamed at this time. The company stated this with a 100% confident’s level!!!
3. The company’s marketing strategy at this time is to promote through big events as well as celebrity promotions. The company could not disclose other events outside of Vogue at this time, but they said they already have bigger events already booked! Advertisements such as magazines and commercials will come down the line. At this point their current strategy is more cost effective.
4.The company is not considering the reverse-split at this time.
5.The company does not have a share buy-back in place, but they are not against considering it.
6. The reduction from 428 million outstanding to 400 million came from a previous contract that had already been sold . The old transfer agent went out of business, and Marani’s legal council advised them to take the shares off the outstanding count.
7.As most investors probably already know there will be no revenues reported Feb. 15th. However there will be some solid revenues reported for the 1st quarter on May 15th! :)
8.Marani expects to be comfortably profitable by the end of quarter 2!
9.The company is 100% planning to audit and uplist. They did not give a date, but it will come.
10.Mirani is doubtful regarding giving dividends to it’s shareholders.
11.Dan whom deals with all of Marani’s distributors quotes “There will be a lot of exciting announcements in the next 45 days!”
12. Regarding Mergers and Partners: There are already lots of things in the works!
13.There are already things in play with Mirani expanding into the pre-mixed cocktails, wines, and other spirit products.
14. Margrit also explained that the investor community should be happy very soon because there of their upcoming retailer and contract announcements! ?
15.The new website will launch within 1-2 weeks! This is huge because an updated store locator will available. Also they customers will have an option to order Mirani Vodka straight through their website as well. And yes, out of state shipping will be available!
16.The company has crates upon crates of Mirani product already bottled, and the warehouse is just about 30-35 minutes down the road from their corporate office. Unfortunately I was not permitted to take any pictures of the ware house at this time.
17.A question that came in late regarding the Mirani brand hooking up with any national accounts such as Costco? The Marani group just all smiled at me! LOL! They obviously cannot and will not divulge this info until all the I’s are dotted and all the T’s are crossed.
18.I asked Mirani, “Realistically if you had to predict Mirani’s stock value at the end of 2014, what would your best guess be? Marani’s response, “Conservatively, would be very surprised if it wasn’t in the mid .20’s at the least!!! ?
19.And lastly, please use respect and etiquette if you plan on emailing or calling the company. The company is working very hard to grow their business as well as shareholder value. Just know they do value you as a shareholder . Marani as a group were very genuine and welcoming. It’s a brand I can trust.
I would just like to thank everyone on this forum for putting their time and effort in keeping up with accurate and timely updates on the progress of Marani Brands Inc. They have a group of great people helping other shareholders and potential investors by staying informed.
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