Infinex Ventures, Inc. Enters Into Negotiations to Acquire Marijuana Funding Inc.
May 22 2014 - 7:45AM
Marketwired
Infinex Ventures, Inc. Enters Into Negotiations to Acquire
Marijuana Funding Inc.
Company Seeks to Grow Portfolio via Access to Financing Programs
Offered
DENVER, CO--(Marketwired - May 22, 2014) - Infinex
Ventures, Inc. (OTC Pink: INFX) (PINKSHEETS: INFX) is pleased to
announce that the Company has entered into meaningful negotiations
for the acquisition of a Marijuana Funding, Inc. based out of
Colorado. The purchase would allow the Company to expand its
offerings into markets that it has not done business in in the
past. The company has extensive lending and finance programs
that are focused on growing the Marijuana Industry. With the
Company's support, the two companies believe they can help to
expand to clients by providing capital to expand and renovate the
distribution process with new state-of-the-art equipment and
advanced manufacturing techniques in an effort to capitalize on the
recent legalization and resulting high demand of cannabis in the
state of Colorado.
The Company has fully evaluated the industry and expects to be
able to yield a great return on investment and generate revenues
from not only the finance charges, but also by taking equity
positions in those companies seeking equity financing. The
arrangement will allow the Company to establish and participate in
the profit sharing in a multitude of companies in the industry via
joint ventures and other strategic alliances. The program will
allow the company to receive not only financing charge revenue, but
also revenue from the sales of Cannabis products as it acquires
marijuana dispensaries and other manufacturers in the Cannabis
industry. Financing for these ventures will come from both the
Marijuana Funding sources, as well as through investors that the
Company can provide. Due to recent relaxation of regulation on
Cannabis, an influx of new consumers continues to grow, revealing a
lucrative opportunity for the Company, whereas marijuana
dispensaries cannot keep up with the continually rising demand for
high quality marijuana.
Ron Salem, President of Infinex Ventures, stated, "This is truly
an amazing opportunity to work with a firm that can allow us to
help these companies. The industry is exploding and we would
be remiss to not get our feet into the arena. As the
restrictions continue to lighten, we are going to be able to
continue the further expansion of these companies by providing
working capital and equipment financing available today through
Marijuana Funding, Inc. The lucrative potential of our
entrance into this promising industry is staggering, as demand for
these newly legalized products increases. This program is sure
to bring in significant revenue going into the third and fourth
quarters of 2014. This fits right in with our plan to model to grow
shareholder value via strong revenues."
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
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