Wednesday, October 29, 2014 1:18:50 PM
WHIPPANY, NJ, United States, via ETELIGIS INC., 10/29/2014 - - Pazoo, Inc. (OTCQB: PZOO) (German WKN#: A1J3DK) is pleased to announce it has acquired an additional 10% interest in Harris Lee LLC, for a total controlling interest of 55% in exchange for 150,000 preferred C shares, the equivalent of 15 million restricted common shares, of Pazoo Inc. Harris Lee, LLC was formed to potentially expand marijuana testing lab operations in other states outside of Nevada. The selling owners of Harris Lee, LLC could earn an additional 75,000 preferred C shares upon the opening of testing facilities in any state other than Nevada and a further 75,000 preferred C shares upon the opening of a second testing facility outside of Nevada.
Pazoo has increased its stake in Harris Lee, LLC because over the past two months we have received numerous inquiries to expand testing into other states which have legalized medical marijuana, and possibly expand into Canada. Harris Lee, LLC currently has no operations. Several of the states that have already legalized medical marijuana are now considering making testing for impurities and compounds mandatory. Considering that marijuana is used for medicinal purposes, it is expected that testing will become mandatory as is the case for over the counter and prescription medicines.
Pazoo, Inc. CEO David Cunic said, “We are extremely happy to announce this news and to have this partnership. Our goal from the beginning was to expand our operations into states other than Nevada. This partnership gives us the ability to do that. We are very excited about these potential opportunities moving forward.”
http://www.eteligis.com/ViewSubmission.aspx?submissionRequest=28291
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