Cherubim Interests, Inc. acquired Falcon Crest Energy Inc. (OTCPK:FCEN) in a reverse merger transaction on April 27, 2015. As consideration, Falcon Crest Energy issued 60 million shares to shareholders of Cherubim Interests. Pursuant to the acquisition, Falcon Crest Energy effected a 1-for-15 reverse stock split. Terry Lynch resigned as Director and officer of Falcon Crest Energy. Gary Fewell and Charly Everett were appointed as Directors, Gary Fewell as Chief Operating Officer, and Corbin Grubbs as Chief Financial Officer and Secretary. The transaction is subject to government approvals and consents and is expected to close by May 5, 2015.

Cherubim Interests, LLC completed the acquisition of Falcon Crest Energy Inc. (OTCPK:FCEN) from Alliance Strategic (ASP) Inc, Global Finishing New and others in a reverse merger transaction on April 27, 2015.