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 Hot Stock to Watch |
Company: Pazoo Inc. (OTCQB: PZOO)
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Price: 0.0224
Change (%): + 0.0029 (14.87)
Volume: 196,750 |
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Recent News
MA & Associates, LLC, Pazoo’s Nevada Medical Marijuana Laboratory Testing Partner, Receives Purchase Order From One of the Largest Growers in Nevada
WHIPPANY, N.J., Dec. 11, 2014 (GLOBE NEWSWIRE) - Pazoo, Inc. (OTCQB:PZOO) (German WKN#: A1J3DK) is pleased to announce that its medical marijuana testing laboratory partner MA & Associates, LLC (MA) has received its first purchase order to test product from one of the largest growers in the State of Nevada. The first marijuana product to be tested is expected to be begin on or about the end of February 2015.
While this initial purchase order is for a few thousand dollars, it will serve as a quality test for our client. MA is 100% confident that we will not only meet but exceed the standards our clients expect. This is the beginning of a very important relationship with one of the largest growers in the State of Nevada. This grower, which has requested its name remain confidential, will represent approximately 200,000 square feet of growing. MA’s management team has estimated that every 100,000 square feet of grow that is tested will translate into approximately 1,000,000 dollars of revenue per calendar year. To date, MA feels confident that it has forged working relationships with additional growers who will test through MA and who will represent approximately another 500,000 square feet of grow.
Pazoo, Inc CEO David Cunic stated, “While it will not be until the middle to end of the first quarter of 2015 when revenues from MA are expected to quickly grow, we have taken every step and continue to make every effort to secure a solid and expanding revenue stream. MA’s corporate team has not only done a stellar job in securing themselves as the top rated testing lab applicant by the State of Nevada, but they have done a fantastic job at building and securing relationships with a multitude of growers within the State of Nevada.”
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