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| PZOO One of the Few Green MJ Stocks Today |
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 Hot Stock to Watch |
Company: Pazoo Inc. (OTCQB: PZOO)
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Last:
Price: 0.062
Change (%): + 0.004 (6.90)
Volume: 2,944,134 |
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Pazoo, Inc. Signs Definitive Agreement and Pays Additional $50,000 to Acquire a 40% Interest in MA & Associates, LLC, a Company Formed to Be a Medical Marijuana Testing Laboratory in the State of Nevada
WHIPPANY, NJ-(Marketwired - Apr 10, 2014) - Pazoo, Inc. (OTCQB: PZOO) (German WKN#: A1J3DK) is pleased to report that the second 50,000 dollar payment was made on the signing of a Limited Liability Company Interest Purchase Agreement (“Agreement”) this week to acquire a 40% interest in MA & Associates, LLC. This second payment brings the total investment to 100,000 dollars thus far with a 250,000 dollar investment to be made in the near future. To see a copy of the Agreement please see 8K filed yesterday April 10, 2014.
At the time the next 250,000 dollar installment is made by Pazoo, applications with the State of Nevada will be filed for approval to setup two medical marijuana testing laboratories. The State of Nevada mandates that marijuana must be tested to ensure it meets safety standards for distribution.
CEO of Pazoo, Inc., David Cunic, stated, “Having an interest in a medical marijuana testing laboratory company perfectly fits into our business model. We are very comfortable becoming partners with MA & Associates, LLC because we will not be involved in the growing or the distribution of the product. MA & Associates, LLC is focused on making sure what is grown and distributed is of the highest quality and efficacy and meets all safety standards mandated.”
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