Cherubim Interests, Inc. (OTC PINK: CHIT), an expansion-stage alternative construction and real estate development company, announces that it has successfully retired an additional $667,391 of Principal Debt from the Company's books.

"We are happy to report that the Company has been successful in its efforts of retiring the majority of our outstanding principal debt over the past twelve months," said CHIT CEO Patrick Johnson. "Reducing the debt structure on the Company's balance sheet is an integral part of positioning ourselves for market expansion and qualifications for uplisting to a higher exchange. We are excited about the advancement of our stated business goals, and will continue to further enhancing the balance sheet of our Company."

About Cherubim Interests, Inc.

Cherubim Interests specializes in alternative construction projects, as well as covering the entire spectrum of real estate development: due diligence, acquisition, planning, construction, renovation, and management; providing complete beginning-to-end development programs for mixed use, single, and multifamily projects and properties.

For more information, visit www.cherubiminterests.com