IJJ Corporation and American Seed & Oil Company Issue Update on Partnership to Build Residential Treatment Facility for U.S. ...
07 March 2015 - 2:27AM
IJJ Corporation (OTC IJJP) and American Seed & Oil Company
today release additional information to shareholders pertaining to
the companies' partnership to build a residential treatment
facility for U.S. veterans with Post Traumatic Stress Disorder.
American Seed & Oil is planning the acquisition of its
Vermont based operating partner, Vermont Sustainable Farming, LLC
(VSF), which is registered through the Vermont Hemp Registration
Program. VSF and American Seed & Oil entered into an
operational agreement earlier in 2014 to facilitate American Seed
& Oil Company's first hemp crop. American Seed & Oil
through its partnership with VSF has developed a number of
relationships and business agreements with property owners,
additional farmers, processing operations and universities.
Accordingly, with the initial Treatment Facility and Tourist
Destination target property in Vermont, VSF is a logical platform
and acquisition for American Seed & Oil. American Seed &
Oil, with VSF represents the complete components for a successful
partnership with IJJ Corporation.
The acquisition of VSF by American Seed & Oil is expected to
be completed within the next forty-five (45) to sixty (60)
days.
IJJ Corporation expects to structure and engage the investment
capital necessary to support American Seed & Oil's acquisition
and engagement of pre-construction engineering and architecture
services during the same timeframe.
The plan is to use 200 acres by American Seed & Oil to build
the treatment facility and cultivate cannabis; the treatment
facility will follow the treatment protocol being established by
the Multidisciplinary Association for Psychedelic Studies (MAPS)
for their planned study of marijuana for symptoms of post-traumatic
stress disorder (PTSD), as approved by the U.S. Department of
Health and Human Services and to be funded by the Colorado
Department of Public Health and Environment.
About IJJ Corporation:
IJJ Corporation is a full service business and management
consulting company promoting the union of companies to achieve
their goals. The IJJ Corporation's mission is focused on a
collaborative engagement between public and private companies, and
business professionals designed to ensure successful growth and
profitability.
Forward-looking Statement
This press release contains statements which may constitute
"forward-looking statements" within the meaning of the Securities
Act of 1933 and the securities Exchange Act of 1934, as amended by
the Private Securities Litigation Reform Act of 1995. Those
statements include statements regarding the intent, belief or
current expectations of the Company and members of its management
as well as the assumptions on which such statements are based.
Prospective investors are cautioned that any such forward-looking
statements are not guarantees of future performance and involve
risks and uncertainties, and that actual results may differ
materially from those contemplated by such forward-looking
statements. Investors are cautioned that due to the Company's
acquisition of the right to receive income from marijuana farming
operations, an investment in this Company is extraordinarily risky,
involving a multiplicity of extreme risks, that in some respects
exceed that of any legal investment in the history of investing,
particularly given the conflict of laws and the potential
consequences of that conflict, including very substantial legal
risk of federal prosecution, penalty and imprisonment, as marijuana
is still classified federally as a Schedule 1 narcotic.
CONTACT: info@ijjc.com
IJJ (PK) (USOTC:IJJP)
Historical Stock Chart
From Dec 2024 to Jan 2025
IJJ (PK) (USOTC:IJJP)
Historical Stock Chart
From Jan 2024 to Jan 2025