Cherubim Interests, Inc. Signs MOU to Acquire Revenue-Producing Company

DALLAS, TX–(Marketwired – Jan 25, 2016) – Cherubim Interests, Inc. (OTC PINK: CHIT) (“the Company”), an expansion-stage alternative construction and real estate development company, announces that it has executed a memorandum of understanding to acquire 100% of the membership interests of Golden Eagle Roofing LLC.

“We’re very pleased to make this acquisition as it fell right into our laps,” states Patrick J. Johnson, CEO of Cherubim Interests Inc. “The company has very good fundamentals, performing history, and a monumental first start to the year due to the recent tornado that struck Rowlett, Texas.”

On Boxing Day, 2015, an EF-4 tornado ripped through the neighborhoods of Rowlett and Garland, TX. Around 450 buildings were damaged or destroyed in Rowlett.

“Golden Eagle is doing important, vital work,” states Johnson, “to help get the people of Rowlett back on their feet, and back in their homes.

“This acquisition is an immediate game changer for us,” said CEO Patrick Johnson. “It changes the landscape of our hybrid business model by adding the conventional subcontracting element. A well-established and reputable company within its community, Golden Eagle offers an immediate platform for the company to engage roofing, insurance restoration, and the potential to engage in many other types of general construction in the area. The Golden Eagle acquisition also puts our company at least six months ahead of schedule from a cash-flow production perspective. Any time you can buy cash flow it is a win, and we are excited about the impact Golden Eagle Roofing will have on the Company in 2016 and beyond.”

About Golden Eagle Roofing

Golden Eagle Roofing has vast experience in residential and commercial re-roofing, repairs, and new construction. Golden Eagle Roofing has extensive experience in all kinds of roofing situations including working with insurance claim adjusters to ensure that roofing needs are addressed after a storm.

For more information, visit www.goldeneagleroofing.com

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 multifamily projects and properties.

For more information, visit www.cherubiminterests.com

Safe Harbor Statement

This release includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E and/or 27E of the Securities Exchange Act of 1934 that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements as to the future performance of the company and the risks and uncertainties detailed from time to time in reports filed by the company with the Securities and Exchange Commission. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Although the company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Factors that could cause results to differ include, but are not limited to, the company’s ability to raise necessary financing, retention of key personnel, timely delivery of inventory from the company’s suppliers, timely product development, product acceptance, and the impact of competitive services and products, in addition to general economic risks and uncertainties.

Cherubim Interests, Inc.
Patrick J. Johnson
Chief Executive Officer
(844) 842-8872
pjohnson@cherubiminterests.com

Cherubim Interests Inc. Announces FINRA Approval of Convertible Preferred Stock Dividend

BEDFORD, TX–(January 21, 2016)– Cherubim Interests, Inc. (CHIT) is pleased to announce that FINRA has approved the issuance of its convertible preferred stock dividend for shareholders of record on the company’s record dated that is January 22, 2016. The dividend will be added to the shareholders’ existing shares on the pay date of January 27, 2016.

Patrick J. Johnson, CEO of Cherubim Interests states: “The corporate action is officially approved, and has a Daily List Announcement date of January 22, 2016. Stockholders will receive 1 Restricted Preferred share of Cherubim Interests, Inc. for every 100,000 shares held as of Record Date 1/22/2016. The pay date for this dividend is 1/27/2016. This announcement and impending issuance will help those that have seen the dilution in the open market affect their cost average. Issuing Anti-Dilutive Convertible Preferred Securities to the stockholders as dividends also ensures that they will not be impacted by third party debt conversions. The conversions of these securities are technically set at a price that the company could never trade or be quoted at which is .00001 par value, so these securities are not price sensitive, and they are also anti-dilutive. The management would like to personally thank all of the shareholders of record of Cherubim Interests, Inc.”

Daily List Announcement Date: 1/22/2016
Record Date: 1/22/2016
Payment Date: 1/27/2016
Transfer Agent responsible to process corporate action: Pacific Stock Transfer
When shares will be available to Transfer Agent: 1/22/2016

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 multifamily projects and properties.

For more information, visit www.cherubiminterests.com.

Safe Harbor Statement:

This release includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E and/or 27E of the Securities Exchange Act of 1934 that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements as to the future performance of the company and the risks and uncertainties detailed from time to time in reports filed by the company with the Securities and Exchange Commission. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Although the company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Factors that could cause results to differ include, but are not limited to, the company’s ability to raise necessary financing, retention of key personnel, timely delivery of inventory from the company’s suppliers, timely product development, product acceptance, and the impact of competitive services and products, in addition to general economic risks and uncertainties.

For more information please contact:

Cherubim Interests, Inc.
Patrick J. Johnson
Chief Executive Officer
(844) 842-8872
pjohnson@cherubiminterests.com

SOURCE: Cherubim Interests, Inc.

Cherubim Interests, Inc. Further Bolsters Roster

BEDFORD, TX–(January 14, 2016)– Cherubim Interests, Inc. (OTC: CHIT), (“the Company”), an expansion-stage alternative construction and real estate development company, announces that it has added Riall Johnson as Director of Political Affairs, and Josh Kuhlmann as Inside Council to the Company, respectively.

“We’re very pleased to make these talented additions to our roster,” states Patrick J. Johnson, CEO of Cherubim Interests Inc. “Both of our new hires bring youth, exuberance, and extensive experience in each of their respective fields. We are excited what this will mean for the Company and the impact it will have in 2016.”

Riall Johnson – Director Political Affairs

Riall is a former professional athlete who has since taken his passion for competition and winning to the field of politics. Since retiring from professional football he has been hired to work for and consult on many political campaigns including a gubernatorial election in 2014 and the presidential election in 2012. Between election cycles Riall works with organizations that advocate for issues that he has strong beliefs in, such as environmental protection and civil rights.

Riall developed a passion for this type of work while attaining his Sociology Major at Stanford University. While at Stanford he was an All-American linebacker that led the NCAA in quarterback sacks and holds multiple records at Stanford including career sacks. He was then drafted by the Cincinnati Bengals in 2001. Riall was a team captain in Cincinnati and played 9 seasons in the NFL and CFL before retiring in from professional football in 2010. He later qualified for the Canadian National Rugby team in 2012 before deciding to join President Obama’s reelection campaign in Ohio.

During his time as a professional athlete, Riall was always involved in the communities of the teams he played for. He took every opportunity to participate in community outreach events. He spent countless hours volunteering for various organizations, most prominently for the Boys and Girls Clubs of America. He also organized events such as toy drives, food for the homeless, and hosted multiple fundraisers to support even more causes.

Cherubim interests has tapped Riall for his vast knowledge in political and community outreach. He plans to help Cherubim navigate the complex political landscape and help further our philanthropic efforts in our involved communities.

“Riall is a guy that I have gone to war with and against on the gridiron, and I can’t be more thrilled to have him come aboard,” says Johnson. “I have a tremendous amount of respect for what he has accomplished in his professional career thus far. His extensive knowledge and relationships in the political arena will give our team a tremendous boost in the state and federal political arenas, as we progress and increase our business footprint.”

Josh Kuhlmann – Inside Council

Kuhlmann is an attorney licensed to practice in both Texas and Florida. He grew up in Whitehouse, Texas and earned the prestigious National Merit Scholarship for exceptional academics to Florida State University where he majored in English and Creative Writing. Subsequent to his time at FSU, Mr. Kuhlmann attended Law School in Jacksonville, Florida where he earned his Juris Doctorate. During law school, he worked with the Florida Fish and Wildlife Commission and later with the law firm of Moseley, Prichard, Parrish, Knight & Jones where he dealt with issues ranging from maritime shipping and intermodal contracts to residential landlord/tenant issues and commercial premises liability. Upon his admission to the Florida Bar Association, Mr. Kuhlmann worked as a prosecuting Attorney for Florida’s 8th Judicial Circuit and, later for Florida’s 4th Judicial Circuit in Jacksonville, Florida.

Mr. Kuhlmann relocated back to Texas in 2013, where he successfully completed the Texas Bar Exam on his first attempt and currently practices as a trial lawyer in the DFW area. An active person by nature, he enjoys being outside and spends time wake-boarding at local lakes and cable parks around Texas. Mr. Kuhlmann is also an avid hunter who enjoys spending time in the woods and camping with friends. Although he is an Attorney by trade, Mr. Kuhlmann has a wide range of practical experience and useful knowledge which he uses to solve problems and adapt to changing conditions in the market and within the company itself.

“Josh’s life story is a very compelling one,” remarks Johnson, “as he has and continues to beat the odds. We are proud to have him as an integral part of our team as his skill-sets and potential co-align with those of our company. “

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 multifamily projects and properties.

For more information, visit www.cherubiminterests.com.

Safe Harbor Statement

This release includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E and/or 27E of the Securities Exchange Act of 1934 that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements as to the future performance of the company and the risks and uncertainties detailed from time to time in reports filed by the company with the Securities and Exchange Commission. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Although the company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Factors that could cause results to differ include, but are not limited to, the company’s ability to raise necessary financing, retention of key personnel, timely delivery of inventory from the company’s suppliers, timely product development, product acceptance, and the impact of competitive services and products, in addition to general economic risks and uncertainties.

For more information please contact:

Cherubim Interests, Inc.
Patrick J. Johnson
Chief Executive Officer
(844) 842-8872
pjohnson@cherubiminterests.com

Cherubim Interests, Inc. Adds Powerhouse VP

BEDFORD, TX–(December 22, 2015)– Cherubim Interests, Inc. (OTC: CHIT) (“the Company”), an expansion-stage alternative construction and real estate development company, announces that it has appointed Tom Crompton as Executive Vice President and Advisor to the Board of the Company.

Crompton is an accomplished operational executive with multi-industry experience.

“We’re very pleased to have Tom bolster our roster,” states Patrick J. Johnson, CEO of Cherubim Interests Inc. “Mr. Crompton brings a very considerable skillset to the Company which we can utilize to our advantage. He has that unique ability to quickly learn the intricacies of diverse industries and make immediate improvements on cash flow, cost reduction, planning, reporting, and internal controls.”

Crompton has comprehensive experience across all corporate finances, including accounting, administrative roles and executive functions. His talents include building, strengthening and leading finances for private companies in various start-up, turnaround and high-growth situations.

“Tom is very strong in mergers and acquisitions,” says Johnson, “plus he has a proven track record for capital raising, in both public and private equity.”

A native of Baltimore, Maryland, Tom has a CPA from Loyola University. Previous to his financial roles, he gained a significant background in real estate, developing large commercial projects, constructing homes and renovating town homes, from projects in Owings Mills, Maryland to Daytona Beach, Florida.

“In his years of business experience, Tom has earned a reputation for unwavering accuracy, credibility and integrity in financial reporting,” says Johnson. “We’re fortunate to add him to our team.”

Crompton’s diverse background includes: IPO’s, SEC/OTC/FINRA/DTCC work, divestitures, fund raising, banking & investor relationships, financial reporting, mergers and acquisitions, strategic planning, market demographic analysis, cash flow and P&L, financial and tax planning strategies, maintaining internal policies and procedures, preparing budget variance reports, ‘turn around’ expertise, strong negotiating skills, creative ‘look forward’ cost savings mindset, marketing and management talent; all coupled with a very high interpersonal communication ability.

About Cherubim Interests Inc.

Cherubim Interests specializes in alternative construction projects and covering the entire spectrum of real estate development, including due diligence, acquisition, planning, construction, renovation, and management, as well as providing complete beginning-to-end development programs for mixed use, single, and multifamily projects and properties.

For more information, visit www.cherubiminterests.com

Safe Harbor Statement

This release includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E and/or 27E of the Securities Exchange Act of 1934 that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements as to the future performance of the company and the risks and uncertainties detailed from time to time in reports filed by the company with the Securities and Exchange Commission. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Although the company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Factors that could cause results to differ include, but are not limited to, the company’s ability to raise necessary financing, retention of key personnel, timely delivery of inventory from the company’s suppliers, timely product development, product acceptance, and the impact of competitive services and products, in addition to general economic risks and uncertainties.
For more information please contact:

Cherubim Interests, Inc.
Patrick J. Johnson
Chief Executive Officer
(844) 842-8872
pjohnson@cherubiminterests.com

Cherubim Interests, Inc. Announces End of Year Convertible Preferred Stock Dividend

BEDFORD, TX–(December 8, 2015)– Cherubim Interests, Inc. (OTC: CHIT) (“the Company”), an expansion-stage alternative construction and real estate development company, is pleased to announce its inaugural convertible preferred stock dividend for the shareholders of record as of December 31st, 2015.

“One of the critical ingredients to being successful when building equity is to be able to quickly adjust where needed to take advantage of markets conditions and opportunities,” says Patrick J. Johnson, CEO of Cherubim Interests. “This is why we’re issuing the Convertible Securities – it’s us seeing a need and moving swiftly to fill it.”

“Stockholders will receive one (1) Restricted Preferred share of Cherubim Interests, Inc. for every 100,000 shares held as of Record Date December 31st, 2015. The Company will also issue fractional shares to our investors as we realize that some may have purchased less than 100,000 shares during this period,” explains Johnson. The pay date for this dividend is January 29th, 2016.

“This announcement and impending issuance will help those that have seen the dilution in the open market affect their cost average,” says Johnson. “Issuing Anti-Dilutive Convertible Preferred Securities to stockholders as dividends also ensures that they will not be impacted by third-party debt conversions. The conversions of these securities are technically set at a price that the company could never trade or be quoted at which is .00001 par value, so these securities are not price sensitive, and they are also anti-dilutive.”

He further added, “We have decided to award all of our loyal shareholders with this additional stock because they have stuck with us through our transitional phases. Many of our shareholders have held this stock for several years. Now, along with newer shareholders, they will become beneficiaries of our anticipated growth.”

“The management would like to personally thank all of the shareholders of record of Cherubim Interests, Inc. for all of your support over the last few years. We are excited about the directions that we are headed and will continue to press on until we reach our goals and objectives,” says Johnson.

Declaration Date: 12/08/2015
Record Date: 12/31/2015
Payment Date: 1/29/2016

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 multifamily projects and properties.

For more information, visit www.cherubiminterests.com.

Safe Harbor Statement

This release includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E and/or 27E of the Securities Exchange Act of 1934 that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements as to the future performance of the company and the risks and uncertainties detailed from time to time in reports filed by the company with the Securities and Exchange Commission. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Although the company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Factors that could cause results to differ include, but are not limited to, the company’s ability to raise necessary financing, retention of key personnel, timely delivery of inventory from the company’s suppliers, timely product development, product acceptance, and the impact of competitive services and products, in addition to general economic risks and uncertainties.

For more information, please contact:

Cherubim Interests, Inc.
Patrick J. Johnson
Chief Executive Officer
(844) 842-8872
pjohnson@cherubiminterests.com

Cherubim Interests, Inc. Signs MOU With United Cannabis Corp.

BEDFORD, TX / ACCESSWIRE / December 7, 2015 / Cherubim Interests, Inc. (OTC: CHIT), (“the Company”) a development-stage alternative construction and real estate development company, have signed a Memorandum of Understanding with United Cannabis Corp. (CNAB) to supply, deploy and provide the technical means to cultivate cannabis.

“This industry is moving very rapidly,” states Patrick J. Johnson, CEO of Cherubim Interests, Inc. “As we see the front of legalization push across States and even into the platforms of the next Presidential election, companies are scrambling to catch up. The market is there, the demand is high, but the supply from legal cultivators is low. Cherubim Interests and BudCube are uniquely positioned at this perfect apex of an emerging, billion dollar market; we are positioning ourselves to meet the impending demand by supplying the facility necessary to bring existing as well as start-up companies into full scale production in a matter of months.”

The Memorandum of Understanding outlines a business model that CHIT and its subsidiary BudCube Cultivation Systems (“BCS”) is pioneering in the real estate development and medical as well as recreational cannabis cultivation industries. The Company will lease modular turn-key cultivation facilities to new and existing market participants in a “mini-storage” or “co-op farming” scenario.

“First, we provide the necessary capital investment to cover any land purchase and improvements, as well as construction and deployment to location for leasing, These portable modules when combined, provide the floor space and square footage required for operations. We then deliver, install and connect the modules while providing standard operating procedures and ongoing maintenance as needed.”

In exchange, United Cannabis Corp. agrees to provide to BudCube Cultivations Systems fee based consulting services including:

– Standard Operating Procedures
– Cultivation
– Inventory Control and Management Systems
– Genetics Counseling and Testing Procedures
– Extract Processing and Equipment Design, and
– Proprietary Product Line(s)

“We are excited to have Cherubim as a collaborative partner in the construction of cutting edge laboratory and cultivation facilities. It’s another vital step in accomplishing our mission of providing cannabis based therapies to patients around the world.” Stated Earnest Blackmon, CEO of United Cannabis Corp.

“With their existing industry relationships and the services they offer, we believe that our relationship with United Cannabis puts us a year ahead of schedule or quite possible more.” Said CHIT CEO Patrick Johnson. “We no longer have to reinvent the wheel from a client servicing perspective as United Cannabis has already created that wheel.”

IMPORTANT DISCLOSURE:

Cherubim Interests, Inc. (CHIT) and BudCube Cultivation Systems USA is planning execution of its stated business objectives in accordance with current understanding of State and Local Laws and Federal Enforcement Policies and Priorities as it relates to Marijuana (as outlined in the Justice Department’s Cole Memo dated August 29, 2013), and plan to proceed cautiously with respect to legal and compliance issues. Potential investors and shareholders are cautioned that the companies will obtain advice of counsel prior to actualizing any portion of their business plan. Advice of counsel with regard to specific activities of the companies, Federal, State or Local legal action or changes in Federal Government Policy and/or State and Local Laws may adversely affect business operations and shareholder value.

About United Cannabis Corp.:

United Cannabis Corp. is a bio cannabinoid technologies company. It is built on scientific research, product development, and implementation of its proprietary cannabinoid therapy program. The company provides intellectual property, patent-pending technology, trusted brands, clinical data, technical training, sales tools and methodologies necessary to assist clients businesses. The intellectual property includes ACT Now Program which is a comprehensive full spectrum cannabinoid therapy guide that utilizes the entire cannabis plant by controlling specific cannabinoid ratios, accurate dosing and multiple non-invasive delivery methods. United Cannabis was founded on November 15, 2007 is headquartered in Denver, CO.

For more information visit www.unitedcannabis.us

About BudCube Cultivation Systems:

BudCube Cultivation Systems USA (“BCS”) has developed a fully portable and scalable, turnkey business application for cultivators of legal medical and recreational cannabis, as well as many 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 solutions. 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

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 multifamily projects and properties.

For more information, visit www.cherubiminterests.com

Safe Harbor Statement:

This release includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E and/or 27E of the Securities Exchange Act of 1934 that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements as to the future performance of the company and the risks and uncertainties detailed from time to time in reports filed by the company with the Securities and Exchange Commission. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Although the company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Factors that could cause results to differ include, but are not limited to, the company’s ability to raise necessary financing, retention of key personnel, timely delivery of inventory from the company’s suppliers, timely product development, product acceptance, and the impact of competitive services and products, in addition to general economic risks and uncertainties.

Contact:

Cherubim Interests, Inc.
Patrick J. Johnson
Chief Executive Officer
(844) 842-8872
pjohnson@cherubiminterests.com

SOURCE: Cherubim Interests, Inc.

Cherubim Interests, Inc. Goes Long with its Shareholders

BEDFORD, TX / ACCESSWIRE / December 2, 2015 / Cherubim Interests, Inc. (OTC: CHIT), (“the Company”), an expansion-stage alternative construction and real estate development company, moved to protect its long-term shareholders by offering Convertible Preferred Shares.

“Over the past few weeks, we have experienced a lot of progression in our business model, due in part to our Stimulus Package and the issuance of Anti-Dilutive, Convertible Preferred Shares,” states Patrick J. Johnson, CEO of Cherubim Interests, Inc.

“Some weeks ago, the company amended its Articles of Incorporation and Corporate Bylaws to create a series of Convertible Preferred Shares in order to protect its shareholders who have securities that are ‘underwater’ after purchase in the open market,” explains Johnson.

“We devised a playbook to handle exactly this type of scenario and it has served its purpose as a road-map for charting a course through these transitionary stages,” continues Johnson.

“This route has enabled the company to remove any future compounding derivative liabilities on the balance sheet,” says Johnson. “We are now pleased to announce that the company has retired the majority of this ‘toxic’ type of debt.”

Shareholders who have been holding a minimum of 100,000 shares of Common Stock dating back to May 1, 2015, and were affected by this dilution, are asked to contact the Company at golong@cherubiminterests.com. Representatives will then arrange the verification and the issuance of convertible preferred shares.

“Obviously the Company seeks to protect the integrity of the investments made by our stockholders,” says Johnson, “as we realize that this process has impacted some of them greatly and this is a way for the company to shore up these investors.”

Principle Affiliate Debt

The Company to date has converted over a half-million dollars of its principal affiliate debt and will be filed in form 8k in the coming days. The company also expects to remove additional Principle Affiliate Debt in the very near future.

FINRA Dividend Approval

“We are currently awaiting approval from FINRA regarding our Convertible Preferred Stock Dividend, and we expect to have that finalized in short order,” closes Johnson.

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 multifamily projects and properties.

For more information, visit www.cherubiminterests.com

Safe Harbor Statement

This release includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E and/or 27E of the Securities Exchange Act of 1934 that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements as to the future performance of the company and the risks and uncertainties detailed from time to time in reports filed by the company with the Securities and Exchange Commission. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Although the company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Factors that could cause results to differ include, but are not limited to, the company’s ability to raise necessary financing, retention of key personnel, timely delivery of inventory from the company’s suppliers, timely product development, product acceptance, and the impact of competitive services and products, in addition to general economic risks and uncertainties.

For more information please contact:

Cherubim Interests, Inc.
Patrick J. Johnson
Chief Executive Officer
(844) 842-8872
pjohnson@cherubiminterests.com

Cherubim Interests Inc. Secures $5,000,000 in Funding from Blackbridge Capital, LLC

BEDFORD, TX / ACCESSWIRE / November 24, 2015 / Cherubim Interests Inc. (“CHIT”) (the “Company”) (OTC: CHIT), a development-stage alternative construction and real estate development company, announces that it has entered into a Securities Purchase Agreement with Blackbridge Capital, LLC, pursuant to which Blackbridge has agreed to purchase, at the Company’s sole discretion, up to five million dollars ($5,000,000) of the Company’s common stock.

“We are thrilled to have Blackbridge Capital as a financial partner,” said CEO Patrick Johnson. “This further enhances our ability to execute the business plan we have put together to capitalize on opportunities in the real estate and cannabis market sectors.”

The Company and Blackridge also entered into a Registration Rights Agreement, whereby the Company has agreed to provide certain registration rights under the Securities Act of 1933, as amended. Pursuant to the Registration Rights Agreement, the Company shall register the Shares pursuant to a registration statement on Form S-1.

“Cherubim Interests has put together a clearly defined strategy to excel in an incredibly high-potential industry,” stated Alex Dillon, Managing Partner of Blackridge Capital. “They have the tools and team in place to dominate in the coming years and we’re honored to be a key part of helping them advance.”

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 multifamily projects and properties.

For more information, visit www.cherubiminterests.com

SAFE HARBOR

This press release contains forward-looking statements regarding future events and our future results that are subject to the safe harbors created under the Securities Act of 1933 (the “Securities Act”) and the Securities Exchange Act of 1934 (the “Exchange Act”). All statements other than statements of historical facts included in this report regarding our financial position, business strategy, plans and objectives of management for future operations, industry conditions, and indebtedness covenant compliance are forward-looking statements. When used in this report, forward-looking statements are generally accompanied by terms or phrases such as “estimate,” “project,” “predict,” “believe,” “expect,” “anticipate,” “target,” “plan,” “intend,” “seek,” “goal,” “will,” “should,” “may” or other words and similar expressions that convey the uncertainty of future events or outcomes. Items contemplating or making assumptions about, actual or potential future sales, market size, collaborations, and trends or operating results also constitute such forward-looking statements.

Forward-looking statements involve inherent risks and uncertainties, and important factors (many of which are beyond our company’s control) that could cause actual results to differ materially from those set forth in the forward-looking statements, including the following: oil and gas prices, general economic or industry conditions, nationally and/or in the communities in which our company conducts business, changes in the interest rate environment, legislation or regulatory requirements, conditions of the securities markets, our access to capital, changes in accounting principles, policies or guidelines, financial or political instability, acts of war or terrorism, and other economic, competitive, governmental, regulatory and technical factors affecting our company’s operations, products, services and prices.

We have based these forward-looking statements on our current expectations and assumptions about future events. While our management considers these expectations and assumptions to be reasonable, they are inherently subject to significant business, economic, competitive, regulatory and other risks, contingencies and uncertainties, most of which are difficult to predict and many of which are beyond our control.

Contact:

Cherubim Interests, Inc.
Patrick J. Johnson
Chief Executive Officer
(844) 842-8872
IR@cherubiminterests.com

Cherubim Interests, Inc. and Major Debt Holders Agree to Convert to Preferred Stock

BEDFORD, TX / ACCESSWIRE / November 18, 2015 / Cherubim Interests, Inc. (“CHIT”) (OTC: CHIT) is pleased to announce that multiple major debt holders of CHIT have agreed to convert USD $506,806.96 of debt currently on the balance sheet to Series B Convertible Preferred Stock at a price of $2.50 per share. These supporters have been invested in the Company for some time now and were pleased to show additional support.

“By cleaning up the balance sheet and creating equity for the company, we are delivering on our promise to shareholders to make bold and significant improvements to our bottom line,” says Cherubim Interests CEO Patrick Johnson. “By eliminating over a half-million dollars in debt, the Company passes an important milestone on its journey toward meeting the $4 million shareholder equity threshold, which in turn helps in achieving all qualifications for listing on the NYSE Markets. This is just one of several important, strategic financial transactions that will enhance the Company’s position going forward.”

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 multifamily projects and properties.

For more information, visit www.cherubiminterests.com.

Safe Harbor Statement

This release includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E and/or 27E of the Securities Exchange Act of 1934 that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements as to the future performance of the company and the risks and uncertainties detailed from time to time in reports filed by the company with the Securities and Exchange Commission. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Although the company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Factors that could cause results to differ include, but are not limited to, the company’s ability to raise necessary financing, retention of key personnel, timely delivery of inventory from the company’s suppliers, timely product development, product acceptance, and the impact of competitive services and products, in addition to general economic risks and uncertainties.

For more information please contact:

Cherubim Interests, Inc.
Patrick J. Johnson
Chief Executive Officer
(844) 842-8872
pjohnson@cherubiminterests.com

Cherubim Interests, Inc. Announces a Convertible Preferred Stock Dividend

BEDFORD, TX / ACCESSWIRE / October 16, 2015 / Cherubim Interests, Inc. (CHIT) is pleased to announce that it has filed a Corporate Action with FINRA to issue a Convertible Preferred Stock Dividend to its individual shareholders. Shareholders will be delivered physical certificates of Convertible Preferred Stock to their addresses of record bearing a restrictive legend that will have a holding period. Details of the transaction will become available to the shareholders once FINRA has approved the Corporate Action.

Patrick J. Johnson, the CEO of Cherubim Interests, Inc. states, “There has been significant dilution over the recent past in Cherubim Interests, Inc., and the reason for that has been the issue of the automatic conversion of aged non-affiliated debt on our companies books. We are currently in the process of negotiating settlements with many of our debt holders, as we acknowledge that responsibility; and at the same time, we also want to protect the integrity of people’s investments in the open market.”

“We acknowledge the fact that our market has not recently performed to the satisfaction of our stockholders due to the automatic debt conversions of aged debt,” continues Johnson. “And by Issuing anti-dilutive, restricted convertible preferred securities to investors who securities are ‘underwater’ after purchasing our stock in the open market makes sense, because the dilution has impacted them the most. The rights and privileges of the restricted convertible preferred securities have already been noted in the company’s amended articles of incorporation. The Record Date & Payment Date will be known to our stockholders, once FINRA approves the Filing.”

IMPORTANT DISCLOSURE: Cherubim Interests, Inc. (CHIT) and BudCube Cultivation Systems USA is planning execution of its stated business objectives in accordance with current understanding of State and Local Laws and Federal Enforcement Policies and Priorities as it relates to Marijuana (as outlined in the Justice Department’s Cole Memo dated August 29, 2013), and plan to proceed cautiously with respect to legal and compliance issues. Potential investors and shareholders are cautioned that the companies will obtain advice of counsel prior to actualizing any portion of their business plan. Advice of counsel with regard to specific activities of the companies, Federal, State or Local legal action or changes in Federal Government Policy and/or State and Local Laws may adversely affect business operations and shareholder value.

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 multifamily 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

Safe Harbor Statement

This release includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E and/or 27E of the Securities Exchange Act of 1934 that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements as to the future performance of the company and the risks and uncertainties detailed from time to time in reports filed by the company with the Securities and Exchange Commission. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Although the company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Factors that could cause results to differ include, but are not limited to, the company’s ability to raise necessary financing, retention of key personnel, timely delivery of inventory from the company’s suppliers, timely product development, product acceptance, and the impact of competitive services and products, in addition to general economic risks and uncertainties.

For more information please contact:

Cherubim Interests, Inc.
Patrick J. Johnson
Chief Executive Officer
(844) 842-8872
pjohnson@cherubiminterests.com