Newport Gold Stock Price, News & Analysis

Newport Gold Inc (NWPG), which also does business as near me Technologies Inc., is an over-the-counter quoted company that has undergone a strategic transition from mineral exploration toward technology-focused operations. According to company communications, it has shifted its primary focus away from the mining industry and toward building digital platforms in the local search, discovery, and marketplace space under the near me™ brand.

Business focus and near me™ platform

The company describes near me Technologies Inc. as a business that "pioneers a GPS/GEO targeting platform" designed to link local brick-and-mortar businesses with mobile consumers. It positions the near me™ brand and the nearme.cool website and app as its flagship assets. The stated goal is to enhance how individuals connect with nearby businesses and to participate in the digital landscape of local search, discovery, and marketplaces.

Company updates explain that near me™ is being developed as a GPS/GEO-centric business location and search platform. The platform is intended to support local businesses by connecting them with users who are searching for places to eat, shop, play, and obtain services. The company highlights its experience in forming strategic partnerships and pursuing acquisitions within the technology sector as part of its approach to building this platform.

SaaS website builder and small business tools

Newport Gold Inc., through near me Technologies Inc., reports that it has completed an initial phase of development on the near me™ search and discovery platform. A key component of this phase is an integrated Software as a Service (SaaS) solution for building local or small business websites. The company states that the near me™ Website Builder will allow business owners to create their own hosted websites to sell food, products, and services.

According to the company, these websites are designed to be directly integrated into the near me™ search and discovery platform. This integration is intended to support discount and deal promotions, marketing and advertising opportunities, and GEO-centric or location-specific browsing by mobile customers. The company characterizes this as a cost-effective and high-value solution and marketing opportunity for small and local businesses.

Mobile app and GPS/GEO-centric capabilities

Corporate updates describe plans for a mobile app so that near me™ can be made available through major app marketplaces. The company outlines requirements for a mobile application that would allow near me™ to be added to the Google Play and Apple App stores, with deployment handled via developer accounts associated with near me Technologies Inc.

Earlier communications relating to the acquisition of Save72 Inc. describe a GPS/GEO-centric business location platform operating under the nearme.cool domain. The company references plans for a real-time GPS/GEO-centric search platform designed for rapid global scalability and interaction with large numbers of local consumers. Descriptions include features such as GEO-fenced deal, discount, and coupon solutions, digital bar code generation, instant text notifications, and other GEO/GPS business targeting technologies as part of the broader concept for location-based search and promotion.

Strategic partnerships and platformOS relationship

Newport Gold Inc. reports that it has entered into a Statement of Work and a Letter of Intent with Platform OS (also referred to as Platform OS or platformOS), described as a multi-award-winning development platform and company that supports enterprise-grade applications. Under these arrangements, platformOS is engaged to assist with the redesign and development of the nearme.cool website and app.

The initial phase of this work includes development of the integrated SaaS solution for building small business websites and integration with the near me™ search and discovery platform. The agreement also contemplates the development of a mobile app and deployment through the Apple App Store and Google Play Store. The company notes that Platform OS will provide technical execution and that its CEO will offer fractional CTO advisory and consulting oversight for a period following the launch of the redeveloped site and app.

As part of the proposed strategic partnership, company disclosures mention that the near-me.com domain, a property of Platform OS, is intended to be redirected to the nearme.cool business directory and marketplace and its associated SaaS Website Builder. The company also notes that near me Technologies Inc. will have an option to purchase a minority equity stake in Platform OS and to acquire the near-me.com domain name at a mutually agreed price, subject to due diligence and definitive agreements.

Rebranding and corporate evolution

Newport Gold Inc. states that it is doing business as near me Technologies Inc. and has described this as part of a broader evolution and rebrand effort of the near me™ brand and nearme.cool website. The company has indicated that it is working with regulatory bodies to facilitate a corporate action for a name and ticker change, and that this corporate action was approved by a majority shareholder vote. The company also notes that it has uplisted from OTC Pink Limited to OTC Pink Current status, which it views as important for transparency, compliance, and timely reporting in the over-the-counter market.

Earlier communications from the company explicitly state that, in connection with developments around the near me™ platform and the acquisition of Save72 Inc., Newport Gold "no longer intends to operate in the mining industry." This marks a shift from its prior focus on mineral exploration to an emphasis on technology, digital platforms, and GPS/GEO-centric business search and marketplace solutions.

Historical mining activities

Before its transition toward technology operations, Newport Gold Inc. described itself as being focused on advancing an exploration and drilling program on its Manitou mining claim in the Burnt Basin property in the Greenwood Mining division of British Columbia. Company updates detailed work related to gold and base metal mineralization, including sampling, trenching, and plans for drilling. The company engaged geological consultants and referenced interpretations of airborne geophysical conductors and historical workings on the property.

These historical mining-related disclosures included descriptions of the Gold Knoll showings, airborne geophysical conductors at various depths, and interpretations of potential mantos-style mineralization. The company also noted that it had filed applications for multi-year drill permits, engaged technical consultants, and considered additional exploration acreage and eco-friendly mining-related technology investments and partnerships. However, subsequent communications indicate that the company’s strategic direction has shifted away from these mining activities.

Recent corporate steps and OTC Markets status

In more recent updates, Newport Gold Inc. has highlighted efforts to maintain and improve its standing with OTC Markets. The company reports that it has completed initial development milestones for the near me™ platform and that it has achieved OTC Pink Current status. It has also described hiring a team of OTC Market specialists, led by legal counsel, to assist in making full application to OTC Markets’ reporting paradigm and to file mandatory quarterly disclosure statements.

The company states that these actions are intended to bring it current with OTC Markets requirements and to support its ability to operate in the over-the-counter market. Management commentary links these compliance efforts with broader objectives of maximizing shareholder value and identifying the best direction for future operations.

Letter of intent with NFI Empire

Newport Gold Inc. has also disclosed that it entered into a non-binding letter of intent to acquire the operating subsidiaries of a company referred to collectively as "NFI Empire." NFI Empire is described in company communications as an asset-light automotive firm based in North East, Pennsylvania, with a focus on custom automotive craftsmanship, modern vehicle services, and a multi-function digital automotive platform that integrates advanced technology and AI.

According to the company, the letter of intent contemplates the potential acquisition of these operating subsidiaries, and management has characterized this as part of its efforts to identify the best direction for future operations. The letter of intent is described as non-binding, and the company indicates that it is working with advisors to evaluate and pursue this opportunity.

Business model and sector classification

While Newport Gold Inc. is classified in market data under the Basic Materials sector and "Other Industrial Metals & Mining" industry, its own disclosures emphasize a transition toward technology-driven businesses. Through near me Technologies Inc., the company describes itself as a dynamic and forward-thinking entity dedicated to forming strategic partnerships and pursuing acquisitions within the technology sector. Its business model, as presented in its communications, centers on developing and operating digital platforms for local search, discovery, and marketplaces, along with tools such as SaaS website builders for small and local businesses.

This combination of historical mining activities and a stated pivot to technology and digital platforms makes Newport Gold Inc. a company with both legacy resource exploration assets and evolving technology-focused initiatives. Investors and observers reviewing NWPG should consider both aspects of its history as well as the company’s more recent emphasis on technology partnerships, platform development, and potential acquisitions in areas such as GPS/GEO-centric search and automotive-related digital platforms.