Business
Cherubim Interests, Inc. Acquires Victura Roofing and Cherubim Builders Group Oklahoma
Cherubim Interests, Inc. Acquires Victura Roofing and Cherubim Builders Group Oklahoma.
About this update from Victura Construction Group Inc
[{"type":"text","content":"\n \n \n Cherubim Interests, Inc. Acquires Victura Roofing and Cherubim Builders Group Oklahoma\n \n \nCherubim Interests, Inc. Acquires Victura Roofing and Cherubim Builders Group Oklahoma\n \n FORT WORTH, TX--(Marketwired - May 31, 2016) - Cherubim Interests, Inc. (OTC PINK: CHITD) (\"the Company\"), an expansion-stage alternative construction and real estate development company, announces that it has acquired 100% of the membership interests of Victura Roofing LLC., and Cherubim Builders Group LLC (Oklahoma) from Victura Construction Group Inc. (OTC PINK: VICT).\n \"When catastrophic weather events occur, people in the affected regions need help immediately,\" states Patrick Johnson, CEO of Cherubim Interests, Inc. \"Help repairing their homes and living spaces, before further damage is done and to limit the loss of property due to inclement weather. Today, we are excited to announce that the company has expand our capabilities to meet the demands of Americans in some of the hardest hit areas of the country.\"\n \"Oklahoma and Texas are no strangers to weather related disasters -- but they're also some of the most determined people when it comes to rebuilding their homes and their communities. CHIT is there to help them rebuild.\"\n Victura Roofing was a wholly owned subsidiary of Victura Construction Group Inc., and is led by industry professionals with a 20 year track record of success. Victura Roofing provides quality work for internal Victura subsidiaries Gregg Construction and WaterMasters Restoration as well as a platform for market business opportunities in the Dallas/Ft. Worth Metroplex.\n Cherubim Builders Group Oklahoma (CBG Oklahoma) is a general contractor that focuses on opportunities in insurance restoration, as well as multi-family and new home construction in the Oklahoma City Region.\n \"This roofing acquisition is very important as it provides us with immediate cash flow production, coupled with built-in expansion capability into one of the most active markets for damaged home repairs in the nation,\" states Patrick Johnson, CEO of CHIT.\n \"With the acquisition of Cherubim Builders Group Oklahoma we have an established, and registered- to do business entity in the OKC metro region as we progress into this years' storm season, which bears all the signs of being an active one.\"\n The company initially execut...