LA JOLLA, Calif., April 28, 2014 /PRNewswire/ -- Marijuana
Incubator Group, Inc. (OTC Pink: AVOP) is pleased to announce that
the Company, in light of the recent friendly takeover, seeks to
inform investors of its new corporate vision, its expansion
strategy, and achievement of recent fundamental milestones.
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.
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.
Furthermore, the Company is embarking on face-to-face negotiations
with financial partners who are expected to be key contributors in
Marijuana Incubator Group's advantageous business model. 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.
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.
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/
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 Marijuana Incubator Group, Inc.