Infinex Ventures Acquires Marijuana Funding, Inc.
June 02 2014 - 7:15AM
Marketwired
Infinex Ventures Acquires Marijuana Funding, Inc.
Company Closes Deal With Funding Provider
DENVER,CO--(Marketwired - Jun 2, 2014) - Infinex Venutres, Inc.
(OTC Pink: INFX) (PINKSHEETS: INFX) today announced that it has
acquired the privately held company Marijuana Funding Inc,
www.marijuanafundinginc.com based out of Boulder Colorado.
Marijuana Funding, Inc. is a company that specializes in the
funding of companies in the burgeoning Medical and Recreational
Marijuana Industries. The company works with both conventional and
non-traditional loans as well as private equity and possible public
offerings. It understands that many of the companies in this
industry are saddled with the stigma of an industry that is not
accepted yet by the entire mainstream community.
"Our goal is to be able to provide a complete solution to our
potential clients. The addition of Marijuana Funding to our team
allows us to offer to our investors the opportunities to take part
in potential private placements or expansions to existing thriving
businesses that Infinex can introduce. Our mission is to help these
companies meet their goals, whether it be expansion, cost
reductions or even mergers, by bringing the missing pieces to the
table. By bringing Marijuana Funding in, we can provide aggressive
long term financing options for these companies in the terms of
real estate acquisitions or refinancing, equipment financing
programs, or even the infusion of working capital," said Ron Salem
President of Infinex Ventures, Inc.
"In addition, it allows us to focus on what we do best which is
connecting our investors or partner companies together into
synergistic relationships. In this case, we expect to bring
alternative delivery systems into the Cannabis Industry, along with
setting up more traditional distribution channels in the markets
that have legalized these products.", he added. "While we will not
have any involvement in the day to day operations of these
companies, we will be able to access the incredible profits via
joint ventures or other equity plays," he stated.
About Infinex Ventures
Infinex Ventures, Inc. is a holding company that specializes in
putting companies from different industries together to create more
value for each. These synergistic relationships can take the form
of mergers, acquisitions or even the finding of equity cash
infusions or loans. Our team of consultants work in various fields
and can provide support to companies in the areas of accounting,
manufacturing, distribution, sales, marketing and other areas of
general management. We have worked with a diverse array of clients
in fields that include mining, food and beverages, hospitality,
event and stage planning and the cannabis industries. We have
recently expanded into the cannabis industry through our
relationship with Marijuana Funding Inc.
www.infxv.com
CAUTIONARY STATEMENTS
REGARDING FORWARD-LOOKING STATEMENTS
This press release contains
forward-looking statements that involve a number of risks and
uncertainties. Forward-looking statements generally can be
identified by the use of forward-looking terminology such as
"believes," "expects," "may," "will," "intends, "plans," "should,"
"seeks," "pro forma," "anticipates," "estimates," "continues," or
other variations thereof (including their use in the negative), or
by discussions of strategies, plans or intentions. A number of
factors could cause results to differ materially from those
anticipated by such forward-looking statements, including those
discussed under "Risk Factors" and "Our Business." Forward-looking
statements are subject to known and unknown risks and uncertainties
and are based on potentially inaccurate assumptions that could
cause actual results to differ materially from those expected or
implied by the forward-looking statements. Our actual results could
differ materially from those anticipated in the forward-looking
statements for many reasons.
Safe Harbor: This release
includes forward-looking statements within the meaning of Section
27A of the Securities Act of 1933 and Section 27E of the Securities
Act of 1934. Statements contained in this release that are not
historical facts may be deemed to be forward-looking statements.
Investors are cautioned that forward-looking statements are
inherently uncertain. Actual performance and results may differ
materially from that projected or suggested herein due to certain
risks and uncertainties including, without limitation, ability to
obtain financing and regulatory and shareholder approval for
anticipated actions.
CONTACT: Media Relations: Ron Salem (802) 566-0707 Email:
info@infxv.com Websites: www.infxv.com
www.marijuanafundinginc.com
Infinex Ventures (CE) (USOTC:INFX)
Historical Stock Chart
From Oct 2024 to Nov 2024
Infinex Ventures (CE) (USOTC:INFX)
Historical Stock Chart
From Nov 2023 to Nov 2024