Premier Products Group Inc (PMPG)

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EXACTLY!!! Per the 10-Q dated 28 Dec 2016, Note 11, it states, "NOTE 11 – SUBSEQUENT EVENTS
On September 18, 2016, the Company entered into a definitive letter of intent to acquire Satic, Inc. (“Satic USA”) www.saticusa.com , an American manufacturer
of a proprietary line of trademarked clean power solar products and other patented energy saving products and lighting. Terms of the letter of intent have not been
finalized pending due diligence. The previously announced acquisition of GEAR Sports Nutrition has been terminated. After final due diligence, a closer look
revealed GEAR’s primary business relationships not up to standard and therefore not in the shareholders’ best interest. From the outcome of those findings, we
terminated the acquisition and management sought to explore other opportunities prior to the resolving the closing, which lead to the discovery of the exciting and
revenue producing Satic USA. Concurrent with the termination of the GEAR transaction, 225 million shares of the Company’s common stock will be returned to
treasury, reducing the outstanding shares by over 50%; effective October 2016.