Premier Prods Group Inc Stock Price, News & Analysis

Premier Products Group (OTC PINK:PMPG) shared a letter with shareholders outlining the company's current status and future plans. The CEO acknowledged challenges in securing funding and the impact of delayed filings due to changes in auditing partners. PMPG is focused on developing SmartRoad technology and aims to align with the new US Infrastructure Bill for potential funding. Key initiatives include restructuring leadership, launching a social media platform for better communication, and negotiating with joint venture partners for Smart City developments.

Premier Products Group (OTCBB:PMPG) announces updates to shareholders following its designation in the Expert market, limiting its stock to Unsolicited Quotes. The company is committed to rectifying this status and reinstating its previous standing by filing a 15(c) 211 through a broker dealer. With the recent Infrastructure Bill, PMPG aims to advance the Smart Roads and Cities initiative, believing they are poised for growth in this sector. They are forming partnerships to roll out their vision and express gratitude for shareholder patience.

Premier Products Group, Inc. (PMPG) is negotiating to acquire a majority interest in SmartRoad Turtle, LLC (SRT), which holds worldwide licensing rights for 21 patents related to intelligent pavement road markers. This acquisition aims to enhance PMPG's ability to report gross revenues globally rather than just net profits from a joint venture. SRT is developing a Proof of Concept to improve road safety for autonomous vehicles. The deal positions PMPG strategically in the growing smart road and AI technology sectors.

Premier Products Group, Inc. (PMPG) announced a Memorandum of Understanding with VERSES, a leader in drone and spatial web management, focused on enhancing smart city initiatives. The partnership aims to integrate road sensors and LIDAR technology for improved safety in autonomous vehicles, with planned Proof of Concept meetings in Miami and New Orleans. PMPG's CEO, Tony Hicks, emphasized the transformative potential of combining these technologies for real-time data collection, enhancing road safety.

Premier Products Group (PMPG) announced an investor video presentation on April 15, 2021, focusing on its SmartRoad™ Turtle (SRT) technology and corporate updates. The SRT sensors utilize advanced sensing and wireless communication to enhance traffic management, aligning with Smart City infrastructures. The company also outlined plans for 5G integration. For more information, the video can be viewed here, and additional updates are available on their website.

Premier Products Group, Inc. (PMPG) has entered into a Letter of Intent with Deep South Communications to market and distribute its SmartRoad™ Turtle Intelligent Roadway Pavement Marker Devices in Louisiana. This partnership aims to enhance smart transportation technologies, integrating advanced sensing and wireless communication to support autonomous vehicles and Smart City infrastructures. CEO Tony Hicks expressed optimism about this collaboration, highlighting Deep South's 35 years of experience in wireless communications as a key asset in future partnerships.

Premier Products Group, Inc. (PMPG) has expressed support for the U.S. infrastructure spending bill aimed at modernizing roads and highways. The bill proposes $115 billion for upgrades, targeting 20,000 miles of infrastructure, along with an additional $20 billion for road safety programs. CEO Tony Hicks welcomes the funding as a significant step, indicating potential for further financial allocations. Moreover, PMPG is advancing its SmartRoad technology, enhancing smart city infrastructures and plans to distribute patents for intelligent transportation systems.

Premier Products Group, Inc. (PMPG) has completed the sale of Valley High Mining Company (VHMC) to Data Smart Company, Inc. (DSIC). This move comes after PMPG's original contract with Regal Holdings was canceled. PMPG, as the sole shareholder, will issue VHMC shares to its shareholders. DSCI, a newly formed private entity, intends to focus on the smart city and road markets, including cloud-based solutions and 5G infrastructure installation. PMPG shareholders will be notified soon regarding the share distribution.

Premier Products Group, Inc. (PMPG) announced the signing of a Letter of Intent to sell Valley High Mining Company (VHMC) to Regal Holdings International, LTD (RHIL). This transaction will be executed as a share exchange, ensuring PMPG shareholders maintain their equity interest in VHMC. For instance, if a shareholder owns 100 shares of PMPG, they will own 100 shares of VHMC post-transaction. The sale is expected to complete by March 31, 2021, pending due diligence by both parties.