Pazoo, Inc. Signs Definitive Agreement & Pays Additional $50,000 to Acquire a 40% Interest in MA & Associates, LLC, a Company...
April 10 2014 - 8:15AM
Marketwired
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 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 thus far with a
$250,000 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 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."
CEO of MA & Associates, LLC Antonio Del Hierro stated,
"Being partners with Pazoo and their business model will enhance
everyone's wellbeing. The bond and passion the two companies share
for bringing health awareness is truly remarkable. This is just the
beginning!"
About Pazoo, Inc.:
Pazoo, Inc. is a company focused on empowering individuals with
the tools to enrich their lives. Pazoo delivers information,
services and products through direct response digital and TV,
retail stores and its website.www.pazoo.com is a health and
wellness social community with an array of experts delivering vital
information to improve and enhance the enjoyment of living a full
and enriching life. We feature industry experts from the health and
wellness industry as well as the pet industry. On the website an
individual can find a limited, and high quality, selection of
merchandise, including fitness consumables, nutritional
supplements, apparel, and wellness/safety products.
Safe Harbor Statement:
This update includes forward-looking statements. These
forward-looking statements generally can be identified by phrases
such as Pazoo, Inc. or its management "believes," "expects,"
"anticipates," "foresees," "forecasts," "estimates" or other words
or phrases of similar import. Similarly, statements herein that
describe the Company's business strategy, outlook, objectives,
plans, intentions or goals also are forward-looking statements. All
such forward-looking statements are subject to certain risks and
uncertainties that could cause actual results to differ materially
from those in forward-looking statements.
For Investor Relations: Ben Hoehn Phone: 1-855-PAZOO-US Email:
INVESTOR@PAZOO.COM
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