Item 2.01. Completion of Acquisition or Disposition of Assets

On October 7th, Turner Valley Oil and Gas, Inc. entered into a Purchase and Sale Agreement to acquire 100% of the membership interests in Bloomi Labs LLC in an all equity for equity transaction. Bloomi Labs LLC is a proprietary CBD product development company with a flagship product called BloomiClean™ a ethyl-based hand sanitizer infused with 100 mg of CBD, aloe vera and vitamin E. The material terms of this agreement are as follows:

Turner Valley Oil and Gas, Inc. D.B.A. Turner Venture Group, Inc. ("TVOG"), is a United States (Nevada) corporation. TVOG is currently pursuing synergistic acquisitions as a Venture Holding Company that acquires equity interests in innovative products and companies within the health, wellness, sanitation, infrastructure and supply chain technology segments.

TVOG and Bloomi Labs, LLC ("BLL") are mutually interested in a partnership with BLL for the acquisition of BLL by TVOG. We are pleased to present the following terms and conditions under which this acquisition could occur.

To that end, TVOG offers the following acquisition transaction and financial considerations to BLL:





1. Acquisitions:



General Terms:



       1.1.1. TVOG will acquire BLL as per the terms herein as a wholly owned
              subsidiary in which BLL will continue to operate as is and under the
              current brand.

       1.1.2. TVOG will issue $15,000.00 in TVOG common stock at $0.005 or
              3,000,000 shares distributed equally to BLL unit holders in exchange
              for all Membership Interests of Bloomi Labs LLC




  1.2. Bloomi Labs LLC




  1.2.1. Current Assets:




          1.2.1.1.  Company Theme and Concept

          1.2.1.2.  Proprietary CBD Hand Sanitizer formula

          1.2.1.3.  Branded labels and logo design

          1.2.1.4.  Existing JV Partner for scaling up production

          1.2.1.5.  Manufacturing Profit Sharing Agreement

          1.2.1.6.  Social Media Marketing Strategy with influences and celebrity
                    endorsements options

          1.2.1.7.  Relationships with Industry Experts

          1.2.1.8.  Warehousing and shipping solution long term and short term

          1.2.1.9.  BloomiClean.com website

          1.2.1.10. Social media accounts including:




  1.2.1.10.1. Twitter @BloomiClean

  1.2.1.10.2. InstaGram @GoBloomiClean

  1.2.1.10.3. Facebook @BloomiClean




  1.2.1.11. "Essential Infrastructure" in place or easily initiated

  1.2.1.12. Target customers and any revenue generation to date

  1.2.1.13. Target distributors

2. Closing and Effective Dates





    2.1. The closing shall occur upon execution of this Purchase and Sale
         Agreement.




3. Management

3.1. James B. Smith shall become the sole Manager of BLL

3.2. Neither party will interfere with the daily management of the other and


         each will cooperate fully in implementing any and all actions to further
         the business goals of the other.





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4. Expenses



    4.1. Each party hereto will bear its own expenses in connection with the
         proposed transaction described in this agreement.

    4.2. BLL will be audited as part of the closing conditions. Internal
         accounting for any data is the responsibility of BLL. All audit costs are
         the responsibility of TVOG.

Item 7.01. Regulation FD Disclosure.

The Company issued a press release on 10/09/2020 to provide investors with updates regarding this acquisition. The update is furnished herewith as Exhibit 99.1 and is incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits





(d) Exhibits.



Exhibit No.   Description

   99.1         Press release issued by the Company on 10/9/2020





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