marani8k121409.htm
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington, D.C.
20549
Form 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date
of Report (Date of earliest event reported): November 30,
2009
MARANI BRANDS,
INC.
(Exact
name of registrant as specified in its charter)
Commission
File Number: 333-123176
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Nevada
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333-123176
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20-2008579
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(State or other
jurisdiction
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(Commission
File Number)
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(IRS
Employer
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of
incorporation)
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Identification
No.)
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13152 Raymer Street, Suite 1A, North
Hollywood, CA 91605
(Address
of principal executive offices, including zip code)
(818) 503-5200
(Registrant’s
telephone number, including area code)
N/A
(Former
name or former address, if changed since last report)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions:
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
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Item
2.03
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Creation of a Direct Financial
Obligation or an Obligation under an Off-Balance Sheet Arrangement of a
Registrant.
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In a Form
8-K filed on August 10, 2009, the Company reported that it had obtained a short
term loan and executed a promissory note in the principal amount of $200,000
from an individual lender (the “Note”). The Note had a maturity date
of November 24, 2009, and the principal amount of the loan accrued interest the
rate of eight (8%) percent per annum. Interest is payable monthly in
arrears and principal is payable in three monthly installments of five thousand
($5,000) dollars with a final payment of one hundred eighty five thousand
($185,000) dollars at maturity.
On
November 30, 2009, the Company and the Note holder agreed to extend the maturity
date of the Note to May 31, 2010. Interest and principal payments
shall continue, as provided in the Note, through the extended maturity date,
with the final adjusted principal payment due at maturity.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has
duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
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MARANI
BRANDS, INC. |
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Date: December
14, 2009
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By:
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/s/ Margrit
Eyraud |
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Margrit
Eyraud |
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Chief
Executive Officer and President
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