Cherubim Interests Inc (CHIT)

[Wolfofukraine]

On January 20, 2016, Cherubim Interests, Inc. (the “Company”) entered into a joint venture agreement (“Agreement”) with Victura Construction Group, Inc., a Wyoming corporation (“VICT”), providing for the development and construction of a certain proprietary, fully portable and scalable, self-contained cultivation technology of VICT, designed for the purposes of year round cultivation. The cultivation technology may be leased, then deployed and used for the cultivation of flowers, plants or other end products year round in most climates as long as water and electricity are available in sufficient capacity. Pursuant to the Agreement, the Company will have a 50% interest in the joint venture, and is obligated to contribute working capital of $500,000 for the purposes of operating within the disaster recovery and restoration construction industries, for general liability insurance as may be required, and for salaries, benefits and taxes to employees(s). The Agreement has a termination date of December 31, 2020, or the first to occur of the following: