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hedge_fun

01/18/14 7:42 AM

#40651 RE: daytraderjoe1984 #40650

I wonder if they had other hoops.........

they had to jump through before applying? Such as working out a payment plan on back taxes. We saw they re-registered with CA SOS.

It seems if selling product was their "mission", the application would have been submitted months and months ago. I'm glad they did it. I also doubt the application will allow them the move product within the 30 day timeline she stated on Jan 9th in that copyrighted video. Perhaps they are required to auction the remaining inventory in order to pay back taxes.

The license won't be approved before March, if then, based on the CA ABC website. Marani has to post a 30 day notice on the premises and there are other governmental reviews.

AVERAGE TIME TO PROCESS APPLICATION

Section 23987 of the Alcoholic Beverage Control Act requires the Department to mail a copy of each application to certain local officials. Section 23985 of the Act requires a 30-day posting period. Most investigations take approximately 45 to 50 days. The license can average about 75 days for a Person-to-Person transfer, and 90 days for an Original. (that would be April) Circumstances often result in a longer waiting period; therefore, before final approval and issuance of a license, caution should be used regarding extensive financial commitments, plans for grand openings, etc. If new construction or considerable remodeling is necessary, prior approval under Section 24044 should be sought before beginning any actual work.


http://www.abc.ca.gov/permits/permits.html

Margrit has "committed", wouldn't you say?

"within 30 days"

http://ih.advfn.com/videos/market-commentary/marani-brands-announces-more-distribution-moneytv-with-donald-baillargeon_jKf8TUXrBnc