Infinex Ventures Secures Access to $100 Million for Marijuana Funding
June 06 2014 - 7:15AM
Marketwired
Infinex Ventures Secures Access to $100 Million for Marijuana
Funding
Company Actively Seeks Projects Looking for Funding
DENVER, CO--(Marketwired - Jun 6, 2014) - Infinex Ventures, Inc.
(OTC Pink: INFX) (PINKSHEETS: INFX) is pleased to announce that its
new acquisition, Marijuana Funding, Inc., has secured access to
over $100 million in funding to put towards projects looking to
expand into the Marijuana Industry. The fund is privately held, and
has set aside at least $100 million in an aggressive program geared
towards companies in the medical and recreational marijuana
business. The fund is specially focused on meeting the challenges
faced by companies in this industry. The main focus will be in
reducing overhead by providing a means to acquire the real estate
where the operations are being run, or to refinance these
facilities with more favorable rates. The company has an aggressive
program offering from 7.99% to 13% on a 30 year note ranging from
$250,000 up to $5,000,000 per site, all with credit scores as low
as 650. In addition, the fund is willing to provide money for
equipment financing and operating capital, under the right
circumstances. The goal for the fund is to help these companies
grow. Infinex Ventures has been asked to help find these qualifying
companies. In addition, Infinex will be able to leverage its
position to either enter into joint venture arrangements with the
borrowers or find other strategic alliances with other products it
supports.
According to Ron Salem, president of Infinex Ventures, Inc.,
"This fund will provide us with an incredible launch pad towards
building our list of clients. Not only is the fund focused on
working with companies in this sector, but they understand the
challenges and can see the advantage of getting in while the market
is still growing. The fact that borrowers can qualify with a credit
score as low as 650 is incredible."
Company has put together a simple application process that can
be completed online at their website:
www.marijuanafundinginc.com
About Infinex Ventures Infinex Ventures, Inc. is an 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.
Media Relations: Ron Salem (802) 566-0707
Email: info@infxv.com Websites: www.infxv.com
www.marijuanafundinginc.com
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