I dont see a penny happening "this week" but as the company takes further steps to correct some legacy items left over by the prior mgmt and starts executing on their business model I can see a penny run in our future very easily.
1) MIG acquired the shell in a friendly acquisition-check
LA JOLLA, Calif., April 7, 2014 /PRNewswire/ -- AV1 Group, Inc. (OTC Pink: AVOP) is pleased to announce that the Company's management has approved a friendly takeover by the Marijuana Incubator Group, Inc., an early contender in the rapidly evolving newly legalized Cannabis industry, in the interest of its shareholders and growth potential.
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.
3) AVOP immediately took all necessary steps to get AVOP CURRENT on the OTC Markets, something previous mgmt let slide-check
May 1, 2014: Attorney Letter with Respect to Current Information May 1, 2014: Quarterly Report
DONE within just 3 days of the 4/28/14 Press Release ;-), now is OTC Pink Current Information
4) Immediately turns their attention to correcting the DTC issue created by previous mgmt by failing to stay current with OTCMarkets-check
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
5) To provide transparency to new & potential investors, has agreed NOT to reverse split the stock-check
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.
6) The CEO has outlined the goals of the new company-check
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.
7) Company Provided a roadmap of where they are taking the company, and HOW we are going to get there-check
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/
AVOP Daily Chart since the friendly take-over- double check! :-D
Common Authorized: 15,000,000,000 Common Outstanding: 10,000,000,000 Common Float: 1,885,260,127 Preferred Authorized: 5,000,000 Preferred Outstanding: None
Marijuana Incubator Group, Inc. Number of Shares Owned: 5,265,051,648 shares of common stock and 0 shares of preferred stock. Of the common stock, all are restricted.
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