AVOP .0021 News out... -->>
Marijuana Incubator Group, Inc. Announces Shareholder Update as Launch into Cannabis Industry Accelerates
Date : 04/28/2014 @ 7:30AM
Source : PR Newswire (US)
Stock : Av1 Group, Inc. (PN) (AVOP)
Quote : 0.0023 0.0 (0.00%) @ 8:04AM
Marijuana Incubator Group, Inc. Announces Shareholder Update as Launch into Cannabis Industry Accelerates
Print
Alert
Av1 Group, Inc. (PN) (USOTC:AVOP)
Intraday Stock Chart
Today : Monday 28 April 2014
Click Here for more Av1 Group, Inc. (PN) Charts.
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, Inc.
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.
