A Corporate Update for New and Existing Shareholders From Marani Brands
January 14 2014 - 9:30AM
Marketwired
A Corporate Update for New and Existing Shareholders From Marani
Brands
TUSTIN, CA--(Marketwired - Jan 14, 2014) - Marani Brands (OTC
Pink: MRIB) Marani Brands would like to take some time to update
shareholders on the current financial status of the company and
provide a forecast for future growth.
Over the past three months, Marani Brands has begun to execute
the company's plan to once again bring Marani vodka spirit to the
forefront of the alcohol industry. The company has signed two
contracts that will bring in $70 million in sales over the
next five years and continues to pursue further distribution
opportunities both domestically and internationally. Marani
Spirits has filed to re-establish their alcohol license in the
State of California. The company expects to roll out its award
winning vodka to retailers in California within the next 30 days.
Each ultra-premium bottle of Marani vodka spirit is expected to
retail for $28-32 in the domestic market.
Marani also anticipates that its spirit will be sent out to
distribution centers internationally before the end of Q1. The
company expects to bring in $200,000 in revenue per shipping
container distributed. With a minimum of 3 containers sent out to
be distributed per month, it is expected that initial monthly
revenue will total at least $600,000 with potential for more.
Marani utilizes letters of credit for the vodka's
international distribution, cutting upfront capital requirements in
half. The company feels this strategy will maximize revenues from
the product's launch to promote continuous growth.
Marani Brands will continue its efforts to turn Marani vodka
spirit into a global name. The company has enlisted the services of
Zodiac Brand Management out of New York City, as well as funded
many events to maximize exposure to the market. The company will
bring its unique vodka to the attention of many discerning
customers through events with names such as HBO, Molton Brown,
Vogue, and Mercedes Fashion Week. Marani Brands will continue
to seek other high-profile avenues for global exposure.
Marani Brands would like to thank shareholders for their
continued support of the company as it undergoes its revival of a
truly unique product. The company feels that it is taking all the
right steps to maximize shareholder value in securing constructive
financing options. In order to preserve the company's integrity in
the public market, there will be no common share dilution for
financing purposes. Margarit Eyraud, CEO of Marani Brands, wants to
make the investing community aware that shareholders are one of her
highest priorities. She would like to remind shareholders that
Marani vodka is still in its infancy, and therefore needs to
maintain the product's competitiveness. In order to do so, she will
continue to progressively roll out as much information as possible
to the public, while still preserving an edge until the brand
becomes more established. Any inquires that the investing community
may have should be sent to the company at
www.maranispirit.com. Marani Brands feels that in due time,
current and future shareholders will truly reap the benefits of the
company's efforts to make the vodka spirit a commercial
success.
For more information on Marani Brands:
http://www.maranispirit.com
Forward-Looking Statements
Any statements made in this press release which are not
historical facts contain certain forward-looking statements; as
such term is defined in the Private Security Litigation Reform Act
of 1995, concerning potential developments affecting the business,
prospects, financial condition and other aspects of the company to
which this release pertains. The actual results of the specific
items described in this release, and the company's operations
generally, may differ materially from what is projected in such
forward-looking statements. Although such statements are based upon
the best judgments of management of the company as of the date of
this release, significant deviations in magnitude, timing and other
factors may result from business risks and uncertainties including,
without limitation, the company's dependence on third parties,
general market and economic conditions, technical factors, the
availability of outside capital, receipt of revenues and other
factors, many of which are beyond the control of the company. The
company disclaims any obligation to update information contained in
any forward-looking statement. This press release shall not be
deemed a general solicitation.
Contact: For more information, press only: Marani Brands, Inc.
(800) 734-9619 info@maranispirit.com
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