Marijuana Incubator Group, Inc. Announces Shareholder Update as Launch into Cannabis Industry Accelerates
LA JOLLA, Calif., April 28, 2014 /PRNewswire/ -- Marijuana Incubator Group, Inc. (OTC Pink: AVOP) is pleased to announce that the Company, in light of the recent friendly takeover, seeks to inform investors of its new corporate vision, its expansion strategy, and achievement of recent fundamental milestones.
Marijuana Incubator Group, also known as MIG, has established a business incubation model which is designed to structure potential acquisitions for robust capitalization through equity and Joint Venture participation, branding, and monetization of emerging marijuana related companies that are positioned for exponential growth. The Company seeks to acquire and develop companies in all sectors of this newly legalized and emerging market; from cultivation and harvesting technologies to current revenue producing companies.
The Company's comprehensive incubation process consists of thoroughly preparing each acquisition or subsidiary to be launched into the marketplace fully equipped to thrive in its sector; maturing the companies by increasing their value. The calculated strategy bolsters growth through Merger and Acquisition, implementing a complete 360 degree marketing and advertising program, which through the provision of capital enables the board of directors and management team to achieve the ultimate goal of building our subsidiaries into stand alone, independent, and ultimately profitable subsidiaries, consequently enhancing Marijuana Incubator Group's net worth with every successful acquisition.
Recently Marijuana Incubator Group updated OTC Markets in an effort to be compliant with the exchange and now turns to concentrate on filing the initial application for DTC approval. Furthermore, the Company is embarking on face-to-face negotiations with financial partners who are expected to be key contributors in Marijuana Incubator Group's advantageous business model. Moreover, after careful review the Marijuana Incubation Group management team has agreed to not reverse split the stock at any time in the near future, as the current capital structure is sufficient to accomplish the Company's goals.
Bryen Beglinger, Chief Executive Officer of Marijuana Incubator Group, Inc., stated, "Our ultimate goal is to fund at the acquisition or project stage to avoid dilution, creating a profitable strategy and balance sheet for the Company, its subsidiaries and shareholders alike." He continued: "This is a truly exciting time for our Company. We anticipate that the opportunities slated will result in relationships and undertakings that will yield in significant short and long term growth. We intend to build an upright and transparent investment opportunity, keeping our shareholders consistently updated as we gain traction in our endeavors."
The Company will be updating shareholders very soon regarding potential pending negotiations.
About Marijuana Incubator Group, Inc.: Marijuana Incubator Group, Inc., known as MIG, is a publicly traded investment and holding company established to identify, secure, and monetize emerging cannabis related technology, cultivation related and ecommerce businesses positioned for exponential growth in the Marijuana sector. The Company seeks to discover inspired entrepreneurs with revolutionary concepts which can make a substantial footprint in this market. Marijuana Incubator Group's comprehensive business model includes a division which delivers internally created projects that are poised for revenue, and a platform enabling the Company to develop embryonic stage subsidiaries under one umbrella, bringing a spectrum of backgrounds to the table, providing a significant resource of experience, knowledge and expertise to every venture. MIG explores every opportunity to help each sector exceed their revenue goals while building close, active working relationships; preparing each respective division to be a robust competitor in in the marijuana industry. For more information visit: http://www.mjiginc.com/
Safe Harbor Act: Forward-Looking Statements are included within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, including words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and other similar expressions are forward-looking statements and involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. We are under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.
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SOURCE Marijuana Incubator Group, Inc.
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