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Thursday, June 25, 2015 10:51:12 AM
Anyone want any info on PZOO Read this report !!!!
Huge Report done on Pzoo by Green Baron this morning....read
Thursday, June 25, 2015 – Before Market Open
Green Baron New “Stock Pick”
Pazoo, Inc.
(OTCPK: PZOO – $.0103 per share)
www.pazoo.com
Common Shares Outstanding / 660,811,645
Market Cap / $6.8 million
52-Week High / $.0502
52-Week Low / $.004
Average Price: .0113 (50-day) .0167 (200-day)
Average Volume: 18,374,328 (50-day) 9,413,672 (200-day)
Mandatory Testing is INEVITABLE!
Pazoo's Testing Lab Subsidiaries and
Partners in Position to Become Leading U.S.
Cannabis Testing and Certification Operation
Steep Hill / Pazoo Laboratory Proves Best
Results in Recent Ranking by State of
Nevada (and it’s not even close!)
Page 2 of 16
The Green Baron: Pazoo’s closest competitor,
CannLabs (OTCPK: CANL - $0.96), trades about
10 times the current market cap of PZOO
“PZOO appears to be the ideal stock for both
aggressive traders and speculative investors into
a burgeoning industry.”
Chart Pattern Demonstrates Nice Uptrend
Click to View: One Year Chart for PZOO
To receive PZOO PR’s, visit: ir.stockpr.com/pazoo/email-alerts
In collaboration with independent consultants that recently visited with PZOO
management and laboratory facilities a few weeks ago on June 3rd in Nevada, we have
determined that the timing of our long awaited new “Stock Pick” in 2015 is here. For
those that want to steer clear of investing in any company that is involved in profiting
from perhaps the most explosive growth industry since the Internet, then this is not for
you. For everyone else, we have an idea that we believe could realistically return 3 to
30 times your money over the near-term.
Special Note: Pazoo is considered one of the safest operators in the cannabis sector
because it does not grow it or sell it. Some believe Pazoo is closer to a technology stock
and should be identified to be in the tech or science sector because its business is
focused on testing labs. In fact, PZOO was added to the “Marijuana Index of U.S.
Reporting” companies as of February 2015. We further note that PZOO has been public
since June 2012 and filed its own S-1 (no shell and no reverse merger).
The Green Baron Report officially selects Pazoo, Inc. (OTCPK: PZOO - .0103 per
share) as 122nd Green Baron “Stock Pick” since inception, and we strongly suggest
members accumulate the stock as close to our profile price as possible. Results
compiled from the most recent trade prior to dissemination of this report to the
subsequent high will be closely monitored at The Green Baron and through email
updates to members. We have very aggressive price projections for PZOO and believe
the stock has huge upside potential.
TRADER’S NOTES: Last month, PZOO filed its yearly 10K for 2014. The Q1 for
2015 had been delayed, but is now filed making PZOO current in its SEC filings.
High volume and active participation from numerous market makers lend to a tight
spread, making it ideal for both traders and investors. PZOO trades on the
Pinksheets now, but will likely graduate to the OTCQB once the stock consistently
trades well above .01 per share. PZOO was added to the Marijuana Index Global
Composite in February of 2015.
The technical picture demonstrates that PZOO has established a new uptrend
since it bottomed in early March this year. PZOO has a 52-week high of just
over .05 per share, and the stock hit a high of .02 as recently as late April. The
Page 3 of 16
recent lower highs and higher lows indicate we are heading to a pivotal point. The
flag chart formation suggests the next move will be to the upside and PZOO will
break out to a new 2015 high.
Pazoo, Inc. is a company focused on health, wellness and safety. Through involvement
in the burgeoning medical cannabis industry, its mission is to provide best-in-class
laboratory testing of cannabis and cannabinoids to ensure quality and consistency that
protects consumers from impurities, contaminants and other irregularities. Pazoo’s
wholly-owned subsidiary, Harris Lee, and now 100%-owned MA & Associates, offer
industry-leading laboratory testing and analytics via an exclusive licensing agreement
with global testing leader Steep Hill Labs, Inc. Pazoo's contract with Steep Hill allows it
to use their premier, proprietary testing protocols on a right-of-first refusal basis as it
expands throughout the U.S.
In late May, 2015, Pazoo formed a new wholly-owned subsidiary called CannabisKing
Distribution, LLC to be the marketing and sales agent for the distribution of noncontrolled
hemp products throughout the USA. Non-controlled hemp products are the
items utilized by the industry that support grow facilities, infusion companies and
dispensaries.
Pazoo is licensed to test cannabis in Nevada and Oregon, with a strategy of expansion
into other states. Pazoo is in the process of finalizing the in-state residency
requirements for Colorado where it is taking over an existing revenue generating testing
lab. Pazoo also delivers a comprehensive array of empowering health and wellness
information for people and their pets on its robust website, www.pazoo.com, featuring
industry experts from both the health and wellness arena and pet care industry.
The Green Baron Report has identified the following top 10 reasons for accumulation of
PZOO now:
1. Legalization of Medical Marijuana Use Unfolds across U.S.: Since 1996, 23
states and Washington, DC have passed laws allowing marijuana to be used for
a variety of medical conditions. It is important to recognize that these state
marijuana laws do not change the fact that using marijuana continues to be an
offense under Federal law. Nor do these state laws change the criteria or
process for FDA approval of safe and effective medications.
2. Legal Recreational Use of Marijuana Gains Steam: Voters in Alaska, Colorado,
Oregon, and Washington State have also passed initiatives legalizing the sale
and distribution of marijuana for adults 21 and older under state law. District of
Columbia voters approved Initiative 71, which permits adults 21 years of age or
older to grow and possess (but not sell) limited amounts of marijuana. There are
critical differences in marijuana laws from one state, county, or city to another.
3. Mandatory Cannabis Testing Appears Inevitable: Several of the states that
have already legalized medical marijuana are now considering making testing
mandatory. Testing is viewed by the industry as a necessity to safeguard the
public and legitimize the cannabis industry. The biggest misconception from
potential investors in PZOO is concern if recreational use will become legal or not.
The Company is not concerned about this. Rather, it cares about having as
many states as possible to allow medical cannabis use, and mandate testing as
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a requirement. The majority of these many states that have already approved
use of medical marijuana are in the process of making the testing of it a
requirement.
4. The Importance of Accurate Cannabis Testing: Cannabis testing is, without
question, a vital part of the mix to support the explosive growth of the marijuana
industry – both medical and recreational. Testing serves to: 1) protect patients
by certifying that the quality of the product they receive has undergone the same
high level of stringent testing as over-the-counter and prescription medicines,
and 2) ensure that the marijuana business will mature into a legitimate industry,
comparable to any other industry that markets consumable products with high
expectations for performance and safety.
5. Industry Best: It is considered wise to invest in companies that are the best in
their field, specialty, niche, or industry. PZOO has partnered with Steep Hill to
use what many experts believe is the best testing technology. The partnership
utilizes proprietary software and methodology that was developed over several
years. So far, the results are extraordinary. In a recent study, Nevada ranked all
laboratory applicants. Steep Hill/Pazoo ranked #1 by far and scored a 241 out of
250 possible points. The next best laboratory result scores below 180. In
Emerald Scientific’s Emerald Test, Steep Hill scored +/- 1% for potency. The
average laboratory result was +/- 15%.
6. Pazoo Now Owns 100% of both Harris Lee and MA & Associates: Pazoo’s
wholly-owned subsidiary, Harris Lee, and now 100%-owned MA & Associates,
offer industry-leading laboratory testing and analytics via an exclusive, long-term
licensing agreement with global testing leader Steep Hill Labs, Inc., the global
leader in cannabis testing and analytics. MA & Associates newly constructed;
cutting-edge lab in Las Vegas is the first of many planned operations, and will be
the only facility in the area offering Steep Hill’s proven, proprietary technology.
Harris Lee plans to roll out and operate a network of cutting-edge labs throughout
the country.
7. CannabisKing Distribution, LLC: This complementary business and new
vertical is expected to enhance sales and profits. Again, CannabisKing has been
formed to be the marketing and sales agent for the distribution of non-controlled
hemp products throughout the USA. Non-controlled hemp products are the items
utilized by the industry that support grow facilities, infusion companies and
dispensaries. Pazoo has noted that a plethora of product support related
companies have taken note of its strong industry relationships and have
requested that Pazoo become a sales and distribution outlet for them.
8. Impressive Valuation Comparison – PZOO trades at a paltry market cap of
$6.8 million. The closest competitor, CannLabs (CANL), has a market cap of
approximately $62 million, about 10x’s PZOO’s market cap. CANL has operating
facilities in Colorado and Connecticut, with Nevada planned to open in 2015.
The operating facilities have clearly been factored into the market capitalization.
Pazoo expects to have three facilities open in the upcoming months.
9. High Profit and Growth Opportunities: Essentially, Pazoo and its partners
have positioned itself early in key states to be the “gold standard” or “best-in-
Page 5 of 16
class” for laboratory testing of cannabis and cannabinoids. High gross margins
are expected to provide solid net income once laboratories are fully approved for
business. Steep Hill is committed to a partnership with Pazoo to roll out is
proprietary testing methodology nationwide.
10. PZOO Listed on Official Marijuana Index: In early 2014, several stocks doing
business in the cannabis industry were halted or stopped trading due to issues
that stemmed from inadequate filings, suspicious trading activity, shell status
concerns, etc. PZOO not only survived this period, but was added to the
Marijuana Index in February 2015. Visit www.MarijuanaIndex.com for a
complete list and more about companies in this sector.
Green Baron Analysis
Pazoo has positioned itself to become the “go to” provider for accurate testing of
marijuana to ensure quality and consistency that protects consumers from impurities,
contaminants and other irregularities. Just a few weeks ago, it was announced that
Pazoo acquired the balance of 60% of MA & Associates to now own 100% of that
company. MA & Associates d/b/a Steep Hill Nevada was rated the #1 testing lab during
the statewide licensing process, scoring 241 out of 250. No other applicant scored
above 180.
The Green Baron Report believes Pazoo is positioning itself in the right states at the
right time. Nevada is currently legal for medial cannabis, and recreational use is
expected to pass in 2016. Pazoo’s subsidiary Harris Lee will operate testing facilities in
Colorado and Oregon where there is pending legislations / further defining of testing and
safety regulations. Pazoo’s impressive growth plans include expansion into two
additional states by year-end 2015 that are expected to have “mandatory testing”. Also,
the recent formation of 100% owned subsidiary CannabisKing, LLC appears to be a
brilliant move to take advantage of a major revenue and profit opportunity.
Independent consultants working with The Green Baron Report were able to meet
executives and employees of Pazoo and Steep Hill in Las Vegas on June 3rd, and view
the newly constructed lab. We believe this lab is capable of meeting huge demand and
should be producing big revenue by year end. Additionally, the management team’s
confidence in attaining success is absolutely off the charts.
The Green Baron Report maintains that PZOO is the ideal stock for both aggressive
traders and speculative investors into a burgeoning industry, with a relatively low market
cap of $6.8 million. Pazoo’s closest competitor, CannLabs (OTCPK: CANL - $0.96),
trades about 10 times the current market cap of PZOO. The Green Baron Report
believes that PZOO will soon break out from intense consolidation and accumulation
over the past three months setting up members for triple digit returns.
About Pazoo, Inc.
Pazoo, Inc. is a company focused on health, wellness and safety. Through its
involvement in the burgeoning medical cannabis industry, its mission is to provide bestin-class
laboratory testing of cannabis and cannabinoids to ensure quality and
consistency that protects consumers from impurities, contaminants and other
Page 6 of 16
irregularities. Pazoo’s wholly-owned subsidiary, Harris Lee, and now 100%-owned MA
& Associates, offer industry-leading laboratory testing and analytics via an exclusive
licensing agreement with global testing leader Steep Hill Labs, Inc.
Pazoo's contract with Steep Hill allows it to use their premier, proprietary testing
protocols on a right-of-first-refusal basis as Pazoo expands throughout the U.S. Pazoo
is licensed to test cannabis in Nevada and Oregon, with a strategy of expansion into
other states. Additionally, Pazoo delivers a comprehensive array of empowering health
and wellness information for people and their pets on its robust website,
www.pazoo.com, featuring industry experts from both the health and wellness arena and
pet care industry.
Harris Lee, LLC
Pazoo, Inc. is full owner of Harris Lee, LLC – a company with a long-term, exclusive
contractual agreement with Steep Hill Labs, the global leader in cannabis testing and
analytics. Teamed with Steep Hill, Harris Lee is geared up to become the #1, best-inclass
marijuana testing operation in the United States. Offering a combination of the
highest quality, most accurate testing and unsurpassed customer service, Harris
Lee plans to roll out and operate a network of cutting-edge labs throughout the country.
Cannabis testing is, without question, a vital part of the mix to support the explosive
growth of the marijuana industry – both medical and recreational. Testing serves to: 1)
protect patients by certifying that the quality of the product they receive has undergone
the same high level of stringent testing as over-the-counter and prescription medicines,
and 2) ensure that the marijuana business will mature into a legitimate industry,
comparable to any other industry that markets consumable products with high
expectations for performance and safely.
Several of the states that have already legalized medical cannabis are now considering
making testing mandatory. It is only a matter of time before testing and certification
becomes a national requirement.
Page 7 of 16
MA & Associates, LLC
As of June 2015, Pazoo, Inc. now owns 100% of MA & Associates. MA & Associates
has been awarded one of the limited number of licenses in the state of Nevada for the
use of computer applications for scientific testing, procedures, know-how, protocols,
trade names and other intellectual property used in connection with testing cannabis.
MA & Associates has an exclusive relationship with Steep Hill Labs, the global leader in
cannabis testing and analytics. The company’s newly constructed, cutting-edge lab in
Las Vegas is the first of many operations in the partnership’s future and will be the only
facility in the area offering Steep Hill’s proven, proprietary technology.
As with all cannabis testing, the lab’s mission is to safeguard consumers by ensuring the
purity and safety of their medical marijuana, while demonstrating a commitment by the
marijuana community to becoming a highly regulated and highly regarded industry.
Steep Hill Labs, Inc.
Founded in California in 2008, Steep Hill is a science and technology firm that has
become the industry leader in cannabis testing and analytics. With owned and licensed
labs in four U.S. states and plans to add labs in New Mexico, Oregon and possibly
Jamaica in 2015, Steep Hill is the largest cannabis lab network in the world. The
company pioneered the first medical cannabis potency and microbiological contaminants
testing methodology for use in California - the first state to legalize medical cannabis.
Steep Hill has since developed a variety of revolutionary cannabis testing products,
including QuantaCann™, QuantaCann2™ and GenKit™. Steep Hill provides expert
consulting services to many states, countries and municipalities, and the company is
developing proprietary genetic testing, mapping and trademark protection services for
the industry as well. For more, visit at http://steephilllab.com
Page 8 of 16
Medical Marijuana Basics
There is growing evidence that suggests there are at least two active chemicals in
marijuana with medicinal applications for physical or psychological conditions.
Cannabidiol (CBD) – This impacts the brain without the “high” and tetrahydrocannabinol
(THC) – which offers pain and inflammation relief, and many other benefits.
The extensive list of potential medical benefits* that have been recognized in the
treatment of ailments and symptoms now includes:
? Pain (which might be caused by headaches, a disease like cancer, or a long-term
condition, such as arthritis, glaucoma or nerve pain)
? Seizure disorders such as epilepsy and Dravet’s Syndrome (a disorder that
begins in infancy and is being treated with a strain of CBD that does not produce
a high)
? Muscle spasms caused by multiple sclerosis
? Nausea from cancer chemotherapy
? Cancer cell growth (as well as reversing the carcinogenic effects of tobacco and
improving lung health)
? Anxiety
? Post-Traumatic Stress Disorder (PTSD)
? Alzheimer’s disease
? Poor appetite and weight loss caused by chronic illness, such as HIV, or nerve
pain
? Crohn’s disease
? Lupus
Medical marijuana can be ingested in a number of ways, including smoking the plant,
soothing it with a vaporizer, consuming edibles or beverages, using tonics or tinctures,
applying a topical, or taking synthetic forms of THC.
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*Not to ignore the legitimate concerns about marijuana on the development of adolescent brains,
sales should be prohibited to anyone under the age of 21.
Medical Marijuana Legalization
Nearly three-fourths of all states have acknowledged the medical value of marijuana,
and even the Federal Government has backed off from prosecuting people who
distribute marijuana for medical purposes in accordance with state law. Other signs that
legalization might be around the corner:
? According to a national survey by Pew Research Center, 75 percent of
Americans believe the sale and use of marijuana will eventually be legal
nationwide, a majority opinion even among those who oppose its use.
? According to an October 2014 Gallup Organization poll, 51 percent of Americans
now favor legalization. In the late 1960s, the number was just 12 percent. Most
significantly, a super-majority of younger Americans are supportive – 64 percent
of those aged 18-34, versus 41 percent of 55 and older – making it seem
inevitable that the 51 percent national pro-pot majority will grow.
? In 2014, The New York Times advocated for legalization of marijuana at a
national level, arguing that the “social costs” of the current prohibition laws are
vast — unreasonable prison sentences, a judicial system skewed against
minority groups and the disadvantaged, the turning of law-abiding citizens into
petty criminals.
? Some experts believe that alcohol, which is legal in virtually all parts of the United
States, is more harmful than marijuana, which is illegal in almost all of the
country. Evidence suggests that alcohol is significantly more dangerous when it
comes to fatal overdose (non-existent for marijuana), addiction, driving deaths,
violent behavior, domestic abuse, and health-related issues.
Page 10 of 16
? Making marijuana legal has economic benefits. Policymakers can tax sales at a
relatively high rate. During its first year of legalization in Colorado, where the
sales tax is 28 percent, the state took in $53 million in revenue.
? Police can focus their attention on stopping more destructive illegal drugs that
are more likely to cause crime and health problems. If all states legalized
cannabis sales, the reduced drug enforcement costs and higher tax revenues
would be worth more than $17 billion to them, a 2010 Cato Institute study
revealed.
? The social costs of the marijuana laws are vast on, for example, the 658,000
people who were arrested and given records for marijuana possession in 2012,
according to the F.B.I. By contrast there were 256,000 bookings for cocaine,
heroin and their derivatives.
? Forbes reports that legalized marijuana will also generate public health benefits.
Because alcohol consumption is more harmful than marijuana use, legalizing pot
will lead people to shift to the better of the two choices.
Recent Press Releases
Wednesday, June 24, 2015: Nevada Based Marijuana Testing Lab Company, MA &
Associates, LLC Becomes a 100% Wholly-Owned Subsidiary Of Pazoo -
WHIPPANY, N.J. (PRNewswire) - Pazoo, Inc. is pleased to report that on Wednesday,
June 3, 2015, Pazoo acquired the remaining 60% of MA & Associates, LLC in exchange
for 900,000 shares of Pazoo's Series C. Preferred stock. This now makes MA &
Associates, LLC a 100% wholly-owned subsidiary of Pazoo.
Pazoo is now comprised of three wholly-owned subsidiaries: MA & Associates, LLC,
Harris Lee, LLC, and CannabisKing Distribution, LLC. 100% of the revenue generated
by each subsidiary will now be consolidated and recorded on Pazoo's financial
statements moving forward. Management teams from both MA and Pazoo
collaboratively felt this move was in the best interests of all parties involved to maximize
the inherent value for the overall company.
MA & Associates CEO, Antonio Del Hierro, commented, "The MA Management team felt
that it was the perfect moment to have MA & Associates completely join the Pazoo
Family of companies. We all have the same goal to create the greatest amount of
fundamental value across the board. The Grand Opening could not have gone
better. We will settle for nothing less than to be the standard for Marijuana testing."
Friday, June 12, 2015: Pazoo Provides Business Development Update -
WHIPPANY, N.J. - (PRNewswire) - Pazoo, Inc. (OTC Pinks: PZOO) (German WKN#:
A1J3DK) is pleased to present to the investment community an update on where Pazoo
stands today. The 10-Q filing is late due to a few factors. Because the 10-K was filed late
it made it practically impossible to begin sufficient work on the 10Q until we had made
any required audit adjustments. Prior to the 10-K filing, Pazoo was insufficiently staffed
to handle the major advancements of the company. To address that the Company took
certain necessary measures to bring in additional staff and to revamp our process to
Page 11 of 16
ensure that our financial team continually grows with the rest of Pazoo. It is understood
how unacceptable this tardiness is and the real impact it has had.
David Cunic, CEO, states, "Moving forward, I feel confident that we have a strong team
and process in place to avoid late filings in the future. To be blunt, I can't begin to
describe how excited I am over the progress that we have made thus far. The heart of
Pazoo was and is health and wellness in all aspects. We believe in our mission and it
drives our team to be successful."
Pazoo's alliance with Steep Hill is by definition mutually beneficial to both companies.
Everyone is very enthusiastic about using their superior cannabis testing technology as
we work together to continue our expansion. As you may have seen on MoneyTV,
Pazoo has recently acquired the remaining 60% of MA & Associates, LLC. This means
that Pazoo now wholly owns (100%) the Steep Hill Las Vegas testing facility.
Harris Lee Colorado, LLC will be formed to meet the state residency requirements for
testing laboratories. Harris Lee, Colorado, LLC will have a contractual relationship with
Harris Lee, LLC so that it can operate a Steep Hill testing laboratory under the Harris
Lee, LLC license. The legal process is being wrapped up. A few minor adjustments will
be made to the current layout which will allow for expansion of testing services currently
being provided in the Denver facility. The Portland, Oregon Steep Hill build out will begin
as planned once the lease agreement that we are currently working on has been
finalized. That facility will be operated under Harris Lee, LLC.
CannabisKing Distribution, LLC is an example of internal expansion that also further
supports the cannabis testing operations. For months, Pazoo has been approached by
members of the cannabis community asking for the company to fill a distribution role for
ancillary, non-regulated, products to eliminate the currently existing void. This is a
derivative operation that should be successful in its own right. However, CannabisKing
Distribution allows an expansive ability to network and expand the overall company's
footprint into the community. It is expected to directly increase overall market share
within the testing community. CannabisKing will co-exist with laboratory operations, and
is not limited to any one location.
Looking into the future, Pazoo expects to realize continued growth by both acquiring
Steep Hill licenses in additional states and in separate projects that are in the
works. Pazoo stands by its intention of continuing testing laboratory expansion into two
more "mandatory testing" states by the end of 2015. Expansion into at least three
additional states is planned for 2016. Pazoo hopes to have the largest footprint of any
cannabis testing company moving forward. It will be accomplished by using the best
technology possible and using multiple forms of networking to continue that expansion.
David Cunic, CEO, further stated, "The future is very bright at Pazoo. I am confident in
how we are strategically positioning ourselves into the market place. Internally, the 10-Q
delinquency will continue to serve as a reminder to always seek improvement. We will
continue to roll out our overall vision in the same transparent manner. We expect to
continue adding real value to our company. I am proud of our achievements, and I'm
grateful to have an amazing group of shareholders forming the foundation of our
company."
Page 12 of 16
Friday, May 29, 2015: Pazoo Forms New Wholly-Owned Subsidiary, CannabisKing
Distribution, LLC for the Sale and Distribution of Non-Controlled Hemp Related
Products - (GLOBE NEWSWIRE) - Pazoo, Inc. is pleased to report that it has formed a
100% wholly owned subsidiary called CannabisKing Distribution LLC. CannabisKing has
been formed to be the marketing and sales agent for the distribution of non-controlled
hemp products throughout the USA. Non-controlled hemp products are the items utilized
by the industry that support grow facilities, infusion companies and dispensaries.
Through Pazoo's two other subsidiary companies, strong relationships are already being
forged with a large number of growers and other industry related enterprises. A plethora
of product support related companies have taken note of this and have requested that
Pazoo become a sales and distribution outlet for them. This is what led to the formation
of CannabisKing.
CEO David Cunic states, "We are very happy and thrilled with adding another subsidiary
company. CannabisKing Distribution LLC was formed out of demand by industry
suppliers. Part of this demand came through our social media presence, online
presence, and by us attending numerous events and expositions. Many of these industry
suppliers have already realized that Pazoo is poised to create the largest footprint
throughout most of the country and they want access, through us, to our developing
relationships as well."
In other news, Pazoo Inc.'s Nevada subsidiary M & A Associates, LLC is hosting a grand
opening of their Las Vegas, Nevada, Testing Lab on Wednesday, June 3rd. The first part
of Pazoo Fest will be held from 3:30 -- 7:00PM at the laboratory in Las Vegas at 2009
Western Avenue and is an open house for everyone. The second half of Pazoo Fest has
been set to begin at 6:00PM and will last until 10:00PM. Please RSVP by emailing your
name and contact information to investor@pazoo.com to get your name on the list.
Wednesday, May 20, 2015: Pazoo Wholly-Owned Subsidiary Harris Lee
Announces Agreement in Principal with Harris Lee Colorado, LLC to Operate New
Lab in Colorado Cannabis Testing Market - Gains Exclusive Rights to Steep Hill
Testing Technology in the State - Pazoo, Inc. announces that wholly-owned subsidiary
Harris Lee has gained the exclusive right to operate testing laboratories in the State of
Colorado utilizing Steep Hill Labs' highly-rated testing techniques and methodology.
Harris Lee is entering into an agreement in principal with newly formed Harris Lee
Colorado, LLC which is in the process of finalizing the in-state residency requirements
for operating a testing lab in Colorado, as well as building out a technically strong team
in the Denver area. David Cunic, CEO, said in making the announcement, "We are
excited to bring our expertise and business vision to Colorado. Our partnership with
Steep Hill reinforces that science and technology are foremost in our business plan to
ensure a healthy and safe cannabis supply to the citizens of Colorado."
Colorado is the third state in which Pazoo Inc. subsidiaries have created a license
relationship with Steep Hill for their testing technology. Agreements have been
established with Steep Hill in Nevada, Oregon and now Colorado. Cunic said, "We have
had such a great response from growers in each of these states because they know and
trust Steep Hill's reputation and expertise. We take very seriously Steep Hill's faith in us
and we move forward with this expansion knowing we will benefit greatly from Steep
Hill's proprietary science and technology."
Page 13 of 16
In other news, Pazoo Inc. Nevada's subsidiary M.A. & Associates, LLC is hosting a
grand opening of their Las Vegas Lab on Wednesday, June 3rd, which includes tours and
Pazoo Fest. The first part of Pazoo Fest will be held from 3:30 -- 7:00PM at the
Laboratory in Las Vegas at 2009 Western Ave and is an open house for everyone. The
second half of Pazoo Fest has now been set to begin at 6:00PM and will last until
10:00PM at the New York New York Hotel and Casino. Please RSVP to
investor@pazoo.com to attend.
Thursday, May 14, 2015: Pazoo Provides Business Development Update - Pazoo,
Inc. is pleased to present to the investment community an update on where Pazoo
stands today. The Company's Annual Report on Form 10k was filed with the Securities
and Exchange Commission yesterday and the first quarter numbers are currently being
worked on. Pazoo is filing an extension for the first quarter and will try to file within the
extension period. Several new, experienced financial professionals have been engaged
and they will comprise a newly formed controls/procedures and review/audit team. This
was put in place to ensure that all future filings will be submitted by each respective filing
period deadline.
Antonio Del Hierro steps down as Co-CEO to take on a more advanced localized role in
expanding the subsidiary companies outreach to growers and the marijuana business
communities within the states that the subsidiary companies currently operate in. This
will eliminate the time he recently spent on the financial filings so that he can be more
aggressive in growing the business.
Jordan Stroum has taken on the position of Executive Vice President as a new member
to the Pazoo Executive Management Team. He will be charged with overseeing
expansion and setup of new testing facilities throughout the United States. Jordan is a
graduate of the Lee Business School at the University of Nevada Las Vegas. He has
held positions as Finance Manager for the Nevada Broadcasters Association in Las
Vegas, as well as Director of Operations for the Light Group. Jordan will oversee and
manage the key personnel in each state.
Pazoo, through its testing partner MA & Associates, LLC will be holding a grand opening
on Wednesday, June 3rd and a PazooFest Party from 5pm to 8pm at the NY, NY hotel
and Casino. Please e-mail investor@pazoo.com to reserve your spot at this event. All
expansion and growth plans were covered in the release of March 30, 2015.
Monday, April 27, 2015: Pazoo, Inc. Confirms Paying Off Note to Eastmore Capital
LLC, More Than a Week Early and Plans to Retire the Few Notes Remaining
Through the Summer - Pazoo, Inc. announces that as of today and more than a week
ahead of schedule, the company has completely repaid the total of its obligations on its
Convertible Promissory Note to Eastmore Capital LLC. Pazoo announced on April 15 its
intentions to pay off Eastmore Capital within the next few weeks. Pazoo made good
today on their intentions.
Pazoo is in a very aggressive expansion and growth mode and has plans to accelerate
the expansion plans moving forward. In the future, Pazoo may need to finance debt to
facilitate and fund this rapid expansion. However, management is very well aware of the
effects of dilution and, as demonstrated in our debt paying actions, strives to protect its
shareholders. Pazoo firmly believes share valuations will reflect a much stronger
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fundamental valuation realized through organic growth, potential acquisitions, current
site revenues and new possibilities in the future.
Pazoo CEO David Cunic commented, "Raising money to fund expansion and growth is
great when it is accretive. We have pared our overhead as low as possible to make sure
every dollar is directly invested into the expansion and growth of Pazoo and related
subsidiaries. Many big opportunities lay ahead of us and we plan on delivering on every
one of them."
Tuesday, April 21, 2015: Pazoo's Partner, MA & Associates, LLC, Joins Inaugural
Nevada Cannabis Association - Pazoo, Inc. and Pazoo's partner, MA & Associates,
LLC, is very excited to announce that it has joined the inaugural Nevada Cannabis
Laboratory Association (NVCLA). The NVCLA is the first cannabis testing laboratory
association to be formed in Nevada and plans to lead by example for other states to
follow suit.
The NVCLA was formed for several reasons: (1) to assist with state of Nevada to have
consistent testing regulations; (2) help the marijuana growers determine what
percentage/amount of pesticides and chemicals can be used to make sure their harvests
will pass testing, and (3) to prepare the state for 2016 when it is anticipated that Nevada
will pass recreational use of marijuana. MA & Associates, LLC, head lab director, Brad
Gore, will represent the company at the meetings which will occur on a regular basis. Mr.
Gore will provide a great voice for the association. Joining this association will even
further MA's outreach to the community while assisting the State of Nevada.
Yesterday, Pazoo posted new pictures on its website of the Las Vegas testing facility
that will be operated by MA & Associates, LLC. The testing facility has all the necessary
equipment in place and only minor additional work to the facility is left to be done.
Pazoo's wholly owned subsidiary Harris Lee, LLC expects to secure a location, in May
2015, in the Portland, Oregon area to begin the build out of a testing lab for the Oregon
market.
Pazoo Co-CEO Antonio Del Hierro commented, "I expect that Pazoo, through its
subsidiary companies, will have the largest footprint of any marijuana testing lab
company nation-wide by the end of this year with plans to substantially increase that
footprint by the end of 2016. We plan on providing proper guidance to other states on
the implementation of testing standards to be adopted. Proper testing standards are an
integral part to the growth and sustainability of this industry."
Pazoo, Inc. Management Team
Steven Basloe – President, Chairman of the Board, Director
Mr. Basloe brings over three decades of sales and marketing experience and leadership
to Pazoo, where he has developed the strategic plans and execution for advertising,
sales, marketing and distribution.
? BS, MBA, JD from Syracuse University
? Founded SMB Marketing Group, Inc., which provided marketing and advertising
services to Sony, Samsung, Warner Bros., and others
? Founding Partner, Ericksen/Basloe Advertising – Leading, award winning
entertainment agency with offices in NYC and LA
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? One of two senior executives to create what became the multi-billion-dollar Home
Entertainment Division for Columbia Pictures
David M. Cunic - Chief Executive Officer, Director
? BS, MSPT from University of New England; licensed Physical Therapist
? Co-founded DMC Athletics and Rehabilitation physical therapy centers; growing
from self to 23 employees in 5 years
? Co-founded DMC Wellness personal training centers
? Worked with elite doctors for numerous professional and Olympic sports teams
? His vision led to the creation of Pazoo, Inc.
? Accomplished public speaker and published author on health and wellness
Antonio Del Hierro – Director
? BS Political Science, West Los Angeles College
? Economics, California Polytechnic University
? General Manager, The Light Group, Las Vegas
? CEO of MA & Associates, LLC; overseeing expansion of marijuana testing
division and public relations for Pazoo and Harris Lee, LLC
? Former professional tennis player
Ben Hoehn – COO, CFO, Director
? BS, MS from University of Cincinnati
? Chief Operating Officer for DMC Athletics and Rehabilitation. Extensive and
detailed corporate operational background
? Crime Analyst and Community Liaison for Community Police Partnering Center
and Cincinnati Police Department
David Lieberthal – Director
? BA economics, University of California Irvine
? JD University of San Diego School of Law
? Principal Transactional Attorney – Law Offices of David H. Lieberthal, Thousand
Oaks, California
Jordan Stroum – EVP, Pazoo, Inc. Medical Marijuana Division – West Coast
? Lee Business School, University of Nevada, Las Vegas
? Finance Manager, Nevada Broadcasters Association (Non-Profit), Las Vegas
? Director of Operations, The Light Group, Las Vegas
Contact Information:
For Investor Relations:
Taylor Capitol, LLC
Phone: 973-351-3868
Email: INVESTOR@PAZOO.COM
Pazoo, Inc.
760 State Route 10
Whippany, NJ 07981
Phone: 973-884-0136
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