SILVER SPRING, Md., March 6, 2015 (GLOBE NEWSWIRE) -- 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.
