CHIT 04 Cannabis grow system, (20 mill OS)
CHIT is currently prospecting for raw land to implement the grand opening of BudCube Cultivation Systems (BCS) cultivation centers. BudCube Cultivation Systems USA has developed a proprietary, fully portable and scalable, Controlled Environment Cultivation Technology that serves as a turnkey solution for cultivators of legal medical and recreational cannabis, as well as any other plant species.
Coupled with a real estate development and property management business model, BudCube Cultivation Systems can position itself anywhere in the world where the cultivation of cannabis is legal. BCS provides cultivation solutions for commercial application. It offers cultivators quick entry into a fast growing market at a price point that is very attractive when compared to the traditional construction and cultivation solution. BCS features a business model unparalleled in the industry and stands to benefit greatly as more and more market participants seek to gain entry into this sector. For more information, visit www.cherubiminterests.com
Since May 31, 2015 until present the Company has eliminated over $1.5 million of affiliate and non-affiliate debt from the company's books, or over 90% of its "Toxic" convertible debt. As of July 15, 2016, the Company has roughly 20 million shares issued and outstanding.
CHIT = .04 ($800k market cap)