Excerpts from Jan. 31/14 video interview with MRIB CEO and Santiago Ramos, Zodiac Brands founder:
1. Marani is days away from rolling out its distribution of the productthroughout California with Southern California being the first rollout of Marani's distribution
2. Marani has had huge demand and requests for the product
3. Dan Senters, VP of Sales, has created distribution lines through a few distributors and Marani Vodka will be rolling out in approximately 8 states on and off-premise
4. Due to the fact that the product is in such high demand, Marani is having to bring the product that is prepared in Armenia into the U.S. first
5. Marani is getting very close to pre-orders and the distributors are ready to go
6. Santiago Ramos has worked with Margarit for 10 years and he likes the fact that Marani Vodka has a concept, idea and a brand behind it
7. Santiago is getting constant demands to do Marani Vodka events on the A-list level
8. Marani Brands and FINRA's office (OFDMI): All contracts that are related to press releases were submitted for review including Marani's international paperwork for mass distribution. After review, there were NO VIOLATIONS of the rules of FINRA or federal securities laws
9. Marani is days away from receiving the Californiadistribution license which allows it to do distribution in other states and Dan Senters has already set up the necessary paperwork to submit to the different states that the product will be rolled out in
10. There will be a slight delay to shipping international shipments due to the demand in U.S. at this point which is not a major issue for Marani since all of the partners in Brazil and Dominican Republic are willing to work with Marani to launch the brand with an appropriate fan fair and a launching of the brand the befits Marani
MRIB Excerpts from Jan. 9/14 video interview with CEO:
1. Marani will be available in California, several locations and online
2. Before the end of the first quarter of 2014 Marani will start showing revenues
3. Agreements on the international market are based on letters of credit which allows 50% down on the LC for shipment of product and 50% on delivery
4. Marani has huge gross margins in its product and in shipments which means it technically pays for itself as soon as the letter of credit is open and they start shipping
5. Marani requested Aremenia to ramp up its production so Marani can keep up with demand out there
6. Expecting the shipments to begin before the end of the first quarter
7. For agreements with Brazil and Dominican Republic, the LC will be open upon readiness of the product to be shipped which should be shortly
8. Once the LC is open, Marani can draw down 50% on LC and Marani is financing itself and then Marani collects remaining 50% on the LC once product arrives, this is what Marani is basing all of its shipments and agreements on
9. Marani original shareholders represent about 25% of the outstanding stock and have been with Marani for almost up to 10 years
10. Marani is at a point in the company moving forward in swift manner, executing all agreements and putting together an incredible executive and management team that is going to take Marani to a global level