Northsight Capital, Inc. Clarifies Press Release Regarding Acquisition Of Marijuana Related Businesses

Company acquired two cannabis related websites which have no revenue of operating activity associated with them

Dec 24, 2014, 18:30 ET from Northsight Capital, Inc.

SCOTTSDALE, Ariz., Dec. 24, 2014 /PRNewswire/ -- Northsight Capital, Inc. (OTCBB: NCAP), announced that it is clarifying its earlier announcement of December 8, 2014 with respect to its purchase of two marijuana websites: www.420careers.com (a marijuana industry job search website), and www.MJbizwire.com (press release distribution and publication website designed exclusively for the marijuana industry).

The Company's December 8, 2014 press release requires clarification because it incorrectly characterized the purchase of two websites (420careers.com and MJBusinesswire.com) as the acquisition of two marijuana related "businesses." The Company wishes to clarify that it did not acquire two marijuana related businesses; instead it acquired two websites (420careers.com and MJBusinesswire.com), neither of which had any operating activity or revenue associated with it. After the company acquired these websites, it performed some further development then re-launched them as part of its portfolio of cannabis related websites.

About:
Northsight Capital, Inc. (OTCBB: NCAP) is comprised of a portfolio of online marijuana-related websites that are being developed and operated by the company. These sites will incorporate many aspects of the marijuana industry. The company intends to provide its audience with a means to stay informed on the industry's most cutting edge marijuana-related innovations and legislation. The company's most dynamic concept, WeedDepot.com, provides consumers with a geo-targeted map directory of medical and recreational dispensaries, head shops, doctors, attorneys and more within the marijuana industry. The Weed Depot app can be downloaded for free at the iTunes Store and Google Play. Weed Depot has an entire platform of content suited for every aspect of advertising and marketing to consumers from all businesses.  Northsight Capital, Inc. sites include: WeedDepot.com, 420careers.com, MarijuanaRecipes.com, RateMyStrain.com and MJbizwire.com,

Forward-Looking Statements:
Various statements in this release, including those that express a belief, expectation or intention, may be considered "forward-looking statements" that involve risks and uncertainties that could cause actual results to differ materially from projected results. Accordingly, investors should not place undue reliance on forward-looking statements as a prediction of actual results. The forward-looking statements may include projections and estimates concerning the timing and success of specific projects or transactions. Forward-looking statements may also include projections and estimates concerning our future operating results and financial condition. When we use the words "will," "believe," "intend," "expect," "may," "should," "anticipate," "could," "estimate," "plan," "predict," "project," or their negatives, or other similar expressions, the statements which include those words are usually forward-looking statements. When we describe strategy that involves risks or uncertainties, we are making forward-looking statements. The forward-looking statements in this press release speak only as of the date of this press release; we disclaim any obligation to update these statements. We have based these forward-looking statements on our current expectations and assumptions about future events. While our management considers these expectations and assumptions to be reasonable, they are inherently subject to significant business, economic, competitive, regulatory and other risks, contingencies and uncertainties, most of which are difficult to predict and many of which are beyond our control.

 

SOURCE Northsight Capital, Inc.