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After substantially retreating from previous sessions’ gains, Pazoo Inc (OTCMKTS:PZOO) is back on its feet. The stock recovered to an extent after investors took the time to settle with the new development taking place at the health and wellness company. As per the recent press note, the company reported that it has created a Marketing and Sales Division with MA and Associates, LLC (MA), in which Pazoo Inc (OTCMKTS:PZOO) holds 40% ownership stake.

Marketing and sales division

Meanwhile, Pazoo Inc (OTCMKTS:PZOO) said that it has also hired Michael A. Tulimero, who is one of the most renowned sales professional in the cannabis field. Tulimero will oversee the newly created marketing and sales division. Tulimero knows the cannabis sector inside out as he gained invaluable insights about the functioning of the sector from his earlier experience as Sales head with the Steep Hill in Southern California. By doing this, the company clearly tried to indicate that it is beefing up its sales and marketing aggressively in order to lead the market ahead of others.

Delay in marijuana testing

Amidst the positive developments, the news that disappointed the investors was the company’s decision to replace its scheduled soft opening of marijuana testing laboratory with a full opening at a later date. The decision came on account of delay in the arrival of first marijuana product for testing at the said laboratory. The company explained that the State of Nevada has not yet released the guidelines of the percentage of pesticides to be used to grow marijuana, which has delayed the company’s planned soft launch. Resultantly, Pazoo Inc (OTCMKTS:PZOO) will announce a full opening at a later date instead of the proposed soft launch.

At the same time, investors are keenly awaiting the release of annual report 2014 by the company, which is expected to come in a couple of days. The stock of Pazoo Inc (OTCMKTS:PZOO) rose by 7.26% to $0.00990, and a total of 22.30 million shares changed hands.

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Steve Kanaval: Portfolio Manager/Writer/ Market Analyst Steve began his career in the Trading Pits in Chicago making markets at the Chicago Mercantile Exchange (NYSE:CME) the Chicago Board of Trade and the CBOE in the early 80’s. He ran the Morgan Stanley Derivative Prop Trading for the firm specializing in Index Arbitrage. He continued his career as a Trader/Portfolio Manager for multiple Hedge Funds during the Internet Boom of the 90’s managing large portfolios. Steve is known as an expert in MicroCap Technology Stocks and the emerging Digital Currency markets as a Portfolio Manager for his Family Office. Steve has managed portfolio’s in volatile asset classes for 3 decades as a commodity trader, hedge fund manager and digital currency trader and miner. Steve publishes his views on the asset classes in a public forum and has published more than 10,000 articles simplifying these complex and volatile assets for readers. His work is published on multiple sites including Bloomberg, Equities.com, Hacked.com, CryptoCurrencyNews as a paid contributor. His work includes research, journalism and archived video on important market volatility related to stocks, digital currency and other volatile misunderstood asset classes. He offers a humorous, unique insight and the related back stories and drivers for readers interested in volatility and emerging market assets. Full disclosure Steve is long 25 digital currencies and sits on the board of multiple public companies involved in digital currencies, and owns shares in these companies from time to time.