EVERYONE>Review these last 2Prs…put the pieces to together: *Remember the symbol is CHIT now…this is as real as it get folks…the ONLY thing weighing this down now is the $75-$80K of toxic convertible debt on the book left prior to the re-org. to CHIT from FCEND…There was a lot more, but it has been converted hence the FLOAT from 867K to as of yesterday 50M shares and the PPS from .20+ to .002 and rebounding…its way oversold here even with the debt…BUT HE NEEDS TO GET RID OF THE TOXIC CONVERTIBLE DEBT FOR SHAREHOLDERS AND CREDIBILITY OF THE COMPANY MOVING FORWARD.….PATRICK will address that and more on PR next week is what I have been told in my convo with him….I have NO specific or 8K type of information…Lets see what next week brings.
Cherubim Interests Inc. Acquires License to Enter Controlled Environment Agriculture Industry
PORTLAND, OR / ACCESSWIRE / July 7, 2015 / Cherubim Interests Inc. (OTC: FCEND) (the "Company"), a development-stage alternative construction and real estate development company, is pleased to announce that it has entered into the Controlled Environment Agriculture Industry through the acquisition of an Exclusive Sub-Licensable, non-assignable, world-wide license.
The acquired license permits Cherubim Interests to deploy the proprietary, fully portable and scalable, self-contained Controlled Environment Agriculture Cultivation Facility on a First Right to Refusal Basis from Victura Construction Group, Inc. (OTC: VICT). The Cultivation Unit may be used for year-round plant cultivation in most climates as long as water and electricity are available. The exclusive license is also deemed irrevocable and perpetual except as otherwise set forth in the Agreement filed in the company's recent Form 8-K.
The company, through its wholly-owned subsidiary BudCube Cultivation Systems USA, will be constructing, deploying and leasing scalable medical and recreational marijuana cultivation facilities for commercial applications in states where the consumption and cultivation of medical and/or recreational cannabis is legal.
"While observing the cannabis industry's progression, with more and more states allowing for recreational or medical uses, we have been looking for an entry point for some time now and believe we've found our best entry point in the marketplace." said CEO Patrick Johnson. "With the ability to lease a portable and scalable turn-key cultivation solution to growers, we believe our licensed solution can fill the gap for many who want to enter into the industry as first-timers, or experienced cultivators who do not have the capital resources to buy land, construct or tenant-improve existing structures for the optimum environment for developing a high-quality cannabis product."
About BudCube Cultivation Systems
BudCube Cultivation Systems USA ("BCS"), a wholly-owned subsidiary of Cherubim Interests Inc., constructs and markets a fully portable and scalable cultivation technology that serves as a turnkey solution for cultivators of legal medical and recreational cannabis, as well as any other plant species. Coupled with a real estate development and property management business model, BudCube Cultivation Systems can position itself anywhere in the world where the cultivation of cannabis is legal.
BCS provides cultivation solutions for commercial application. It offers cultivators quick entry into a fast-growing market at a price point that is very attractive when compared to the traditional construction solution. The company features a business model unparalleled in the industry, and stands to benefit greatly as more and more market participants seek to gain entry into this sector.
For more information, visit www.budcube.com.
About Cherubim Interests Inc.
More than a buyer, Cherubim Interests is led by highly experienced directors and a notable
management team who are experts in their specific disciplines of property management, construction and finance. We are determined to build on our initial success and fulfill our vision to be a leader in alternative construction, as well as multi-family real estate development, management, and investment.
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Cherubim Interests Inc. Taps Consulting Firm to Aid Development of Controlled Environment Agriculture Technology
BEDFORD, TX / ACCESSWIRE / October 5, 2015 / Cherubim Interests Inc. (PINKSHEETS: CHIT) (the "Company"), a development-stage alternative construction and real estate development company, announces the addition of key personnel to strengthen its ability to execute on its growth strategy.
Dgrass Enterprises, a consultation and research and development firm based in Eugene, Oregon, has teamed up with Cherubim Interests and BudCube Cultivation Systems (BCS) to provide an answer to the rapidly expanding needs of the fastest growing industry in the United States.
Dominic Grasseth, CEO of Dgrass Enterprises, is a successful professional business owner, entrepreneur, consultant, master gardener and horticultural expert within the cannabis industry. Specializing in cultivation, production, extract, grow room design, consultation, and industry wide retail and wholesale equipment sales, Dominic brings a highly focused, well rounded and unique amount of hands-on experience to the industry.
Having begun his marijuana growing experience outdoors in his teens, Dominic, now age 38, has over 16 years of combined indoor and outdoor growing experience and opened The Greener Side of Life, a retail and wholesale garden supply company based in Eugene Oregon in 2010.
"We are thrilled and honored to have Dgrass Enterprises and as partners in this venture" said CEO Patrick Johnson. "Dominic is one of the most skilled businessmen that I know in the industry and has the skins on the wall to prove it. We are excited about the bright future that lies ahead for us."
Together, standing at the forefront of this fast paced and newly evolving industry, Cherubim Interests and DGrass Enterprises will team to further develop the Standard Operating Procedure (SOP) for BCS technology.
About Cherubim Interests Inc.
Cherubim Interests specializes in alternative construction projects, as well as covering the entire spectrum of real estate development: due diligence, acquisition, planning, construction, renovation, and management; providing complete beginning-to-end development programs for mixed use, single, and multi-family projects and properties.
For more information, visit www.cherubiminterests.com.
About BudCube Cultivation Systems
BudCube Cultivation Systems USA ("BCS") has developed a proprietary, fully portable and scalable, Controlled Environment Cultivation Technology that serves as a turnkey solution for cultivators of legal medical and recreational cannabis, as well as any other plant species. Coupled with a real estate development and property management business model, BudCube Cultivation Systems can position itself anywhere in the world where the cultivation of cannabis is legal.
BCS provides cultivation solutions for commercial application. It offers cultivators quick entry into a fast growing market at a price point that is very attractive when compared to the traditional construction and cultivation solution. BCS features a business model unparalleled in the industry and stands to benefit greatly as more and more market participants seek to gain entry into this sector.
For more information, visit www.budcube.com.
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