|By Marketwired .||
|December 23, 2013 10:00 AM EST||
TUSTIN, CA -- (Marketwired) -- 12/23/13 -- Marani Brands (OTC Pink: MRIB) CEO Margrit Eyraud shares corporate accomplishments for the last 90 days.
Marani Brands CEO has laser focus on distribution in branding worldwide with a team of experienced professionals executing the plan. Margrit decided in October to bring the company back to O.T.C. compliant. There were many challenges to overcome as the Company repositioned itself. The following is a small list of what has been completed in 90 days.
Reinstated Marani Brands Corporation Nevada
Audit Company books bringing them current
Elimination of over $1,000,000 in debt without common share dilution
Preserved a $20,000,000 tax carry forward
Brought O.T.C. current
Reinstated Marani spirits of California
Set up new corporate offices
Created an executive team to execute plan
Executed agreement for Dan Senters for domestic roll out
Completed trademarks for new countries
Increased production to 20,000 cases per month
Created brand awareness program
Set world record with sponsorship of Outlaw Offshore Racing
Extensive interviews for shareholders on MoneyTV
Agreement with Zodiac Brands for global exposure
Executed Collective Media agreement
Sponsorship for Breast Cancer with Bloomingdales
Executed $40,000,000 Brazilian contract
Increased shareholder value over 1000%
"I believe as CEO the execution of our plan will reward shareholders. We need time and patience to execute all that is in motion. We are looking forward to 2014 with an extensive list of updates that will please the investment community."
About Marani Brands Inc.
Marani Brands, Inc. develops, positions, markets and distributes fine wine and spirit products in the United States. Its signature product "Marani Vodka Spirit," is an ultra-premium vodka manufactured exclusively for Marani in Armenia. It is made from late-harvest Armenian winter wheat, distilled three times, filtered twenty-five times and then, through a proprietary process, is aged in oak barrels lined with honey and skimmed dried milk to give it its unique taste. Marani Vodka Spirit was awarded the Gold Medal in the prestigious International Spirit Competition, held in San Francisco, California, in both 2004 and 2007 and the coveted Star Diamond Award by the American Academy of Hospitality Sciences in 2008 and 2009. Please enjoy Marani brands responsibly and in moderation.
For more information on Marani Brands: http://www.maranispirit.com
Certain statements made in this press release contain forward-looking statements that involve a number of risks and uncertainties. This forward-looking information is based on certain assumptions, including, among others, presently known physical data concerning size and character of reservoirs and economic recoverability. Some of these expectations may be based upon assumptions or judgments that prove to be incorrect. In addition, operations involve numerous risks and uncertainties, many of which are beyond Marani Brands' control, which could result in expectations not be realized or otherwise materially affect the financial condition, results of operation and cash flows. Additional information regarding these and other risks are contained in Marani Brands' filings with the Securities and Exchange Commission.
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