On January 20, 2016, Cherubim Interests, Inc. entered into a joint venture agreement with Victura Construction Group, Inc. The cultivation technology may be leased, then deployed and used for the cultivation of flowers, plants or other end products year round in most climates as long as water and electricity are available in sufficient capacity. Pursuant to the Agreement, the company will have a 50% interest in the joint venture, and is obligated to contribute working capital of $500,000 for the purposes of operating within the disaster recovery and restoration construction industries, for general liability insurance as may be required, and for salaries, benefits and taxes to employees(s). The Agreement has a termination date of December 31, 2020, or the first to occur of the following: by written agreement between Cherubim Interests and VICT; adjudication that either Cherubim Interests or VICT has filed a voluntary petition in bankruptcy, the filing of any petition against it under any bankruptcy or insolvency law, or its filing of a petition or answer seeking the appointment of a receiver of its assets or an arrangement with creditors under any such laws; or breach by either Cherubim Interests or VICT or of any material covenants under the Agreement.