Peerless Developments Ltd.
Formerly Diverse Media Group, Inc. (DVME)
9911 W. Pico Blvd., Suite 350W
Los Angeles, CA
Diverse Media Group, Inc. (OTC PINKS SYMBOL: DVME) is a publicly traded company that operates entertainment services across all platforms of distribution in the emerging digital age. Diverse Media Group, Inc. is the parent company that emerged as an outgrowth of Diverse Talent Group,Inc. (DTG). DTG was incorporated in the year 2000, but has roots going back 27 years as a talent agency representing artists in motion pictures, television, radio, and commercials. DTG is ranked in the top ten among Hollywood's most influential agencies. Diverse Media Group, Inc. is expanding upon those years of experience to create a multi-tiered organization which creates content, owns and operates distribution channels, and pioneers methods of packaging entertainment products and services. The Issuer has recently changed its name to Peerless Developments Ltd to reflect a broader field in its operations. It acquired Stroytechsnab (www.sttsnab.com) a construction company as well as distributor of construction equipment and products.
April 27, 2017
The Issuer announces that it has filed with and received approval from FINRA regarding the following corporate actions:
>>The company’s name has been changed from Diverse Media Group, Inc to Peerless Developments Ltd
>>The common stock has been reversed by a ratio of 4000:1
>>The CUSIP number is changed from 255090102 to 70549P105
>>The trading symbol was changed from DVMED to PEDE effective 20 days from April 25, 2017
These modifications result from the new acquisition that the Issuer has added to its core operations. It acquired StroiTekhSnab LLC (www.sttsnab.com) which specializes in construction of residential properties and medium size commercial buildings. This firm is also most active in the distribution of construction equipment and supplies in Eastern Europe..
Chris Nassif, President, CEO, Dir.
The CUSIP Number for PEDE common stock is: 70549P105
TRANSFER AGENT for shares of DVME common stock is:
Signature Stock Transfer, Inc.
2632 Coachlight Court
Plano, Texas 75093
Jason Bogutski/TA email:
Outstanding Shares: 2,405,077 as of May 4, 2017
- Authorized Shares: 21,000,000,000 as of May 4, 2017
Float (Shares): 1,202,703 as of May 4, 2017