NuVim Inc. (OTCPK:NUVM) signed a letter of intent to acquire a majority stake in GRAN NEVADA Beverage, Inc. for $0.04 million in stock on July 25, 2011. On closing, NuVim will issue 3.5 million restricted common shares for its stake in Gran Nevada and will assume operating control of Gran Nevada beverage business. Consummation of the transaction depends on NuVim raising $100,000 inf unding to help support the GRAN NEVADA business going forward.

NuVim Inc. (OTCPK:NUVM) cancelled the acquisition of majority stake in GRAN NEVADA Beverage, Inc. on February 19, 2013.