Efftec Completes Acquisition of Marijuana Informant: Pot Snob Application for iOS(TM)
March 19 2014 - 3:18PM
Marketwired
Efftec Completes Acquisition of Marijuana Informant: Pot Snob
Application for iOS(TM)
TULSA, OK--(Marketwired - Mar 19, 2014) - Efftec International,
Inc. (OTC: EFFI), a holding company focused on direct acquisition
and development in growth industries, announced today that it has
fully finalized the acquisition of the Marijuana Informant: Pot
Snob application for iOS™ marketplace. Interested parties are
invited to view the application in the Apple App Store™ or by
visiting the following web link:
https://itunes.apple.com/us/app/marijuana-informant/id616048305?mt=8. At
this point the app has been fully transferred and integrated into
the Company's respective accounts.
The acquisition of Marijuana Informant: Pot Snob represents our
first strategic move into the MMJ sector, and was targeted and
undertaken for two central reasons. First, as stated, we
believe that as the mobile application sector continues to grow
year after year, and the MMJ sectors as a whole grow, demand for
informative, useful, and intuitive MMJ apps will benefit from that
growth. With the continued and increasing societal acceptance
of MMJ will come equal demand for service- and convenience-related
products. Marijuana Informant is already generating sales and
we will expand on development plans shortly.
Second, Marijuana Informant will stand as a central hub and
foundation of a strategic integration plan which the Company is
currently pursuing with related companies in the MMJ
sector. As these negotiations are currently active on a daily
basis and involve app integration, intellectual property and so
forth, we will provide updates to all interested parties as soon as
they become available.
Efftec International, Inc. (OTC: EFFI) is a holding company with
four operating subsidiaries. Efftec's core focus is on the
acquisition and development of proprietary technologies. The
Company is actively expanding its footprint in the technology
marketplace through acquisitions of profitable, revenue-producing
companies with proven business models.
Safe Harbor:
This Press Release may contain, among other things, certain
forward-looking statements, including, without limitation, (i)
statements with respect to the Company's plans, objectives,
expectations and intentions; and (ii) other statements identified
by words such as "may," "could," "would," "should," "believes,"
"expects," "anticipates," "estimates," "intends," "plans" or
similar expressions. These statements are based upon the current
beliefs and expectations of the Company's management and are
subject to significant risks and uncertainties. Actual results may
differ from those set forth in the forward-looking statements.
These forward-looking statements involve certain risks and
uncertainties that are subject to change based on various factors
(many of which are beyond the Company's control).
Contact: Dr. Shawn Clinton CEO staff@efftec.com www.efftec.com
866-601-2639