About BioCube, Inc.
On August 22, 2014, BioCube, Inc. Entered into an Agreement with IUT Medical GmbH, a Berlin Germany corporation, to form a USA-based Joint Venture entity for the purposes of commercialization the Marijuana Breath Analyzing Device being developed by IUT-M on the basis of already existing systems offered by IUT-M
Such device could be used by law enforcement officers to administer tests roadside or at any other location. Another possible application is in testing employees in the workplace where such tests are appropriate.
Drugged driving has become a major issue, according to the US National Institute on Drug Abuse’s website. A 2012 National Survey on Drug Use and Health shows an estimated 10.3 million people aged 12 or older (or 3.9% of adolescents and adults) reported driving under the influence of illicit drugs during the year prior. A 2010 Canadian study published in the journal of Traffic Injury Prevention showed that more than 10% of drivers randomly pulled over for the survey tested positive for drug use, while only 8% had been drinking alcohol. More than 15% tested positive for alcohol and drugs. Detecting marijuana impairment in drivers and employees varies from person to person and is drastically less evident than alcohol impairment. BioCube and IUT-M expect that their device will offer law enforcement community a detection tool with the unmatched capabilities.
Given the explosive growth of the medicinal and recreational use of the marijuana and corresponding increase in illegal activities, having reliable device that provides law enforcement officers with a quick tool to determine use of marijuana will not only help deter drivers from unabated its use, as well as save countless lives.
On July 27, 2014, BioCube, Inc.Enered into an Asset Purchase Agreement with Innovative Holdings, Inc., a New Jersey corporation Innovative whereby the Company agreed to purchase from Innovative certain assets The specific assets related to mobile applications for patients of medical marijuana facilities in Canada and the United States, as follows:·
Two (2) separate mobile applications for providing medical marijuana patients in legal states within the United States, and through out Canada to locate nearby doctors, dispensaries and rate and review strains with a touch of your finger. The US based app also provides state-by-state current legislation, how to qualify for a medical marijuana 10 card and how a patient can take action by contacting their local advocacy group to get involved; ·
All franchises, licenses, permits, consents, authorizations, approvals, and certificates of authority of any administrative or regulatory body found in Innovative’s name;·
All proprietary rights, proprietary knowledge, know-how, designs, processes, trademarks and copyrights which Innovative owns or has a right to use in the operation of its business and all filings, registrations or issuances of any the foregoing with or by any federal, state, local or foreign regulatory, administrative or governmental office in connection therewith and All other contracts, and other agreements, contract rights, purchase orders, policies and understandings, whether oral or written, to which the Innovative is a party, and used in conducting the business and operations of the Innovative.
Mr. Paul Lisak new Chief Executive Officer
Mr. Lisak is an extensively educated and highly experienced professional. After serving in the United States Marines, he earned a Bachelor of Science in Biology; a Minor in Chemistry (BS); a Bachelor in Environmental Science (BA); and a Master of Science degree in Environmental/Occupational Health. Mr. Lisak is a registered Environmental Health Specialist and a nationally recognized Specialist in hazardous materials. He is currently Chairman of the publicly traded Synergetics, Inc. a company that specializes in environmental projects, and one that has affiliate operations in St Petersburg, Russia; China and Europe and anticipates expansion into North America. He has long been involved in alternative energy, and is the former CEO of JPL Environmental, Inc. (JPLE), an environmental health and hazardous materials consulting firm established in 1989 that specialized in alternative energy projects, such as waste to energy, solar, wind, thermal, geothermal, permitting/licensing, and site remediation. His responsibilities also included teaching all personnel in all the diagnostic testing technologies created to test for the presence of any harmful pathogens. During that time, he helped write a number of current laws while working closely with Federal, State, County, and City agencies throughout the United States and Mexico. In addition to his business experience, Mr. Lisak was an Assistant/Associate Professor and taught classes at the California State Universities located in Northridge and Fullerton, and at the University of California Los Angeles (UCLA).
Other BioCube products ready for dustribution
The Fumi-Analyzer is the first mobile device which is able to detect and to identify all relevant fumigation gasses and a large number of other toxic gases
Ammonia impurities detector in Ethylene or Propylene fluid systems
Chlorinated Hydrocarbons in ion exchange resin production. CMME is classified as particularly dangerous carcinogenic substance under the Hazardous Substances Ordinance and may be produced or used only in closed systems
Portable Marijuana detector for law enforcement and industry
Share Structure As of 9/5/2014 /Waiting for updated finacials:
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|Shares Outstanding ||44,842,758 ||a/o Jun 14, 2013 |
|Float ||3.5 mill to 20 mill ||a/o Mar 29, 2012 |
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