Is Pazoo Inc (OTCMKTS:PZOO) going to repeat March history? This was the question that popped into everyone’s mind after the Health and Wellness Company shed its previous day’s gains. The company reported a new development, which was not so appealing to the investors. According to the published press note, the company proudly informed the stakeholders about the creation of Marketing and Sales Division of MA and Associates, LLC (MA), where Pazoo has 40% ownership.
New sales and marketing division
The newly created division will be overlooked by a newly appointed top tier sales professional, Michael A. Tulimero. The act indicated that Pazoo Inc (OTCMKTS:PZOO) took care that the sales and marketing efforts of the company did not go in vain in the absence of an experienced personnel. Tulimero has established himself as one of the highly regarded and experienced sales executive in the cannabis sector. Before joining MA’s division, Tulimero headed the sales division of Steep Hill in the Southern California.
What about the delays?
While Pazoo Inc (OTCMKTS:PZOO) and MA have already put in place the sales and marketing division, but the first marijuana product will not come for testing until late June. The company stated that the delay is caused due to unavailability of guidelines from the State of Nevada on the proper percentage of pesticides to be used for the growth of marijuana.
However, the company is prepping up its sales team so as to lead the market share as soon as the first product is made available for testing. Moreover, in view of the delay in guidelines from State’s regulatory authority and product testing, the company has pushed back its soft opening date. Though the company appeared positive about its plans, the delays along with postponement of soft opening has acted against the company.
The stock of Pazoo Inc (OTCMKTS:PZOO) tumbled by more than 11% in the last trading session to $0.00923 while the average share trade volume was 21.62 million.