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W Technologies, Inc. Enters Into Letter of Intent to Acquire an Interest in Total Growing Solutions, Inc.
W Technologies, Inc. Enters Into Letter of Intent to Acquire an Interest in Total Growing Solutions, Inc.
HUNTINGTON BEACH, CA--(Marketwired - Apr 15, 2014) - W Technologies, Inc. (PINKSHEETS: WTCG) (www.wtechnologies.biz) announced today that it has entered into a Letter of Intent to acquire an interest in Total Growing Solutions, Inc., a Nevada corporation ("TGS, Inc."). The Letter of Intent provides that, following the negotiation of a definitive agreement and closing of the transaction, W Technologies will acquire Twenty percent of the issued and outstanding shares of capital stock of TGS, Inc. in exchange for W Technologies common stock valued at $500,000.
TGS, Inc. offers a modular hydroponic growing system in conjunction with an extensive array of consulting services designed to help new customers navigate the complexities associated with the legal marijuana market place. TGS, Inc. intends to market its "Total Growing Solutions" as a solution for cultivation of locally grown products. TGS Inc.'s specialized safe and secure "Pot Pods" will be the first product marketed by TGS, Inc. and will target the ever-expanding legal marijuana markets.
TGS, Inc. also offers a robust compliment of consulting services to individuals and new business desiring to enter the legal marijuana marketplace. Attorney, Daniel S. Miller, founder of Total Growing Solutions, Inc., oversees the consulting services offered by TGS, Inc. which offers comprehensive assistance to its clients from crafting an initial business plan to opening a clinic, cooperative, cultivation facility or other lawfully permitted legal marijuana business pursuant to state and local regulations. These services may include licensing, permitting, governmental hearings, public relations and marketing, site selection, negotiation with landlords and design and build out of the facility.
