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Re: None

Thursday, 05/07/2015 12:20:26 PM

Thursday, May 07, 2015 12:20:26 PM

Post# of 21832
per a post i did yesterday, i can not confirm the reason is the valuation of the subsidiary companies are the issue for being so late with the 10K but talking to my associates, there basically is nothing changed with pazoo and the parent company so that should have no effect. as i stated yesterday the simple solution since the subsidiaries have no operations as of yet is to just impair the value of the subsidiary down to a zero value. this is the most conservative approach and basically tells investors there is no value in the subsidiary. its the safest disclosure for a public company. frankly none of us are buying and or selling pzoo based on the current value of the subs. we are only interested in the future potential at the moment. in 3 and 6 months from now we will all be interested in the ramp up of revenue and the future prospects. to try and get an independent third party valuation company to actually create a current valuation of the subsidiaries would be absurd. ma and harris lee are in an industry that really has no operating history. testing is the last entry into the mj field. if this is the issue then i would hope they just impair 100% of the value of the subsidiaries and move on. the financials are not going to tell us a thing about the business anyway. we all know there is no operations so it will show losses. nothing new to learn