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, Inc. is an ambitious, now publicly
traded, Company which is tapping into the groundbreaking Marijuana
marketplace by seeking to develop the Company through Merger and
Acquisition, and Joint Venture partnerships with established
Cannabis related businesses such as harvesting operations and
dispensaries, crop enhancement technologies for increased yields
and revenue producing ecommerce industry related projects.
Currently cannabis is legal medicinally in 20 states including
Colorado and Washington, but with the national elections
impending, legalized territories are highly expected to
increase. As momentum develops closer to a nationwide
acceptance, the Company has set its sights on expansion into the
California and Colorado markets, which are among the current
forerunners in Marijuana legalization.
"We are pleased to be an early competitor in this robust
evolving new industry; established and in operation as a public
entity," stated Bryen Beglinger,
Chief Executive Officer of Marijuana Incubator Group, Inc. He
continued, "The opportunities currently available for a public
company in this swiftly growing market have the potential to yield
exponential growth, realizing a significant value for our
shareholders."
The Company will be updating shareholders very soon regarding
the direction of the Company and anticipated milestones.
About Marijuana Incubator Group, Inc.: Marijuana
Incubator Group, Inc., also known as MIG, seeks to identify, secure
and monetize emerging marijuana related companies that are
positioned for exponential growth. We seek out talented
entrepreneurs and potent ideas that are likely to make a major
footprint in this sector. Our comprehensive business model allows
us to foster these companies under one umbrella bringing a variety
of experience, knowledge and expertise to every venture. MIG
explores every opportunity to help our clients exceed their revenue
goals while building close, active working relationships with our
portfolio companies. For more information visit:
www.MJIGINC.com
Safe Harbor Act: Forward-Looking Statements are included within
the meaning of Section 27A of the Securities Act of 1933, and
Section 21E of the Securities Exchange Act of 1934, as amended. All
statements regarding our expected future financial position,
results of operations, cash flows, financing plans, business
strategy, products and services, competitive positions, growth
opportunities, plans and objectives of management for future
operations, including words such as "anticipate," "if," "believe,"
"plan," "estimate," "expect," "intend," "may," "could," "should,"
"will," and other similar expressions are forward-looking
statements and involve risks, uncertainties and contingencies, many
of which are beyond our control, which may cause actual results,
performance, or achievements to differ materially from anticipated
results, performance, or achievements. We are under no obligation
to (and expressly disclaim any such obligation to) update or alter
our forward-looking statements, whether as a result of new
information, future events or otherwise.
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SOURCE AV1 Group, Inc.; Marijuana Incubator Group, Inc.