Cherubim Interests, Inc. (CHIT) Announces Execution of MOU to Acquire Golden Eagle Roofing LLC
Earlier today, Cherubim Interests, Inc. (OTC: CHIT) announced that it has executed a memorandum of understanding to acquire 100 percent of the membership interests of Golden Eagle Roofing LLC, a residential and commercial roofing contractor based in Plano, Texas. In the news release, Cherubim CEO Patrick Johnson described the acquisition as an “immediate game changer” for the company. Following completion of this acquisition, Cherubim will gain a direct channel through which to engage roofing, insurance restoration and many other types of general construction projects throughout Texas while continuing to bolster the marketability of its innovative hybrid business model. “We’re very…