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Gear International Inc. Executes Funding Agreement With Cannaworx, Inc.
Gear International Inc. Executes Funding Agreement With Cannaworx, Inc..
About this update from Matchaah Holdings Inc
[{"type":"text","content":"\n \n \n Gear International Inc. Executes Funding Agreement With Cannaworx, Inc.\n \n \nGear International Inc. Executes Funding Agreement With Cannaworx, Inc.\n \n PENSACOLA, FL--(Marketwired - Aug 31, 2015) - Gear International, Inc. (OTCBB: GEAR), via its wholly-owned subsidiary GEAR International of Washington, Inc., is pleased to announce that it has signed a Funding Agreement with Cannaworx, Inc. to acquire an interest in future earnings. Funds being provided will be used to fuel growth in the various spaces Cannaworx is involved in now occupies throughout the medical cannabis and hemp industries and is poised to occupy as those legal ambiguities are resolved.\n GEAR's CEO is quoted stating, \"We are excited to partner with such a solid group as Cannaworx. The Cannaworx principals are revered as leaders in the space. They are uniquely qualified and focused on harnessing the opportunities while taking great care, with its legal team, with whom we have consulted, to avoid the legal pitfalls. Those legal ambiguities, coupled with the actual federal laws, have virtually eliminated access to conventional sources of capital, the results of which we call the 'capital gap.' Yet, the consequent barriers to the capital markets, have also created opportunities for those bold enough to legally navigate such waters -- to reap the extraordinary profit potential engendered by the 'capital gap.' We see the Cannaworx connection as our vehicle to harness these opportunities, particularly once the many legal barriers are inevitably eradicated. We look forward to a long and successful relationship with Cannaworx.\"\n About Gear International, Inc.\n Gear International is a public company that offers a viable and often creative funding resource and joint venture opportunities for companies seeking unconventional funding, hard asset loans, expansion capital and/or other resources. The objective is to assist companies that are in a unique position to capitalize on a current trend or scale their operational business. By providing timely capital and other resources, the management teams of our companies can accelerate product launches, expand into new territories and often even pioneer an entire new category.\n About Cannaworx, Inc.\n As a resource provider, including facilities, equipment, consulting, product development, research and development...