|By Marketwired .||
|June 2, 2014 08:15 AM EDT||
DENVER,CO -- (Marketwired) -- 06/02/14 -- 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.
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.
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