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I don’t buy that, disappointed of course to see the failure of filing the 10Q, but this has a long way to imo. They need to run a tighter ship if they are to be taken seriously. At the minimum just keep up with legal requirements to maintain currency! Especially with the threat to risk era that don’t maintain that in the future.
Who needs a 10Q when they get us a yield sign instead lol! Difficult to believe in this group and take them seriously when they keep failing on simple filings for the second quarter in a row.
Hope in one hand wish in the other that they get it together! A sound business strategy lol.
As of know PMPG is current, just late with the 10Q. I believe they have 5 days to file it from the filing of the late notice. If they don’t, then we will see the yield sign or a stop sign…again.
Hopefully there is some info in the 10Q that will make up for the late filing.
Well that answers that LOL! 10Q is late….
10Q is now due, do we get a filing for an extension or an actual 10q? My bet is an extension, hope I’m wrong.
Infrastructure bill passed
It’s been less than a year since PMPG went from an empty shell to an actual business plan filling the empty shell. The initial hype was exciting, the Ennis Flint news was premature imo and added to the hype that has caused the lack of faith reflected in the current pps.
The hype that came when this shell was filled was big, but, to build what they are planning is going to take time, and in the otc world of pump and dump hype plays, It’s easy to see why the PPs is where it’s at at the moment.
This wasn’t going to to be a sudden over night run to a dollar….but as this plays out over time who knows??
8 months isn’t much time for a ticker to go from an empty shell to representing a functioning revenue producing business plan.
My cost basis is .004….I still don’t plan on going anywhere.
Who touted them? They were disclosed as part of the deal in clearing up the note associated with VHMC. Twitter touts from charlatan barkers don’t count. If someone did their DD as they should they would have seen what those shares represented and what they are worth then and what they are worth now…basically nothing at the moment.
As far as the shares go, that’s on the new company not PMPG. Anyone who came here for them was clueless as to their value to traders vs the necessity of cleaning up loose ends. They maybe worth something some day, but I wouldn’t count on much. PMPG’s potential with SRT has been improved with the selling of the VHMC issue. If something happens with those shares, great, but once again it’s not what should have brought someone to buy PMPG shares.
Nothing keeping you here aside from your losses, get even and get out if you think it’s an OTC scam.
Disagree with you on that. Much has been accomplished taking over this shell and cleaning up the previous mess.
Market Maker OTCX is off the ask now, let’s see what happens..
“Perseverance” sure is getting tougher as the pps declines, sad to see this volume on the selling side. We need some solid news soon….
.107 close, still not filled with my bid at .11, my order still not reflected even though it was higher than the published bid most of the afternoon.
I’ve had a standing bid at .11 that’s only been partially filled and isn’t reflected in the bid or level II….bid shows .106 currently, yet I’m not filled.
I don’t think that at this point those expenses are reflected in the PMPG shell, during the first quarter it was a partnership with NPI, NPI has been the one doing the development while the folks behind PMPG are bringing it to market. That’s my guess.
Sounds great to me…hopefully something like that is in line with the outcome! That would cause these pps levels to be left far behind imo.
That would be a huge sign of confidence for the street!
I was in a biotech stock for years that had only been selling shares for funding like most biotech stocks that don’t have a drug in the market. Covid came around and validated their drug they had in the pipeline still going through trials. The potential was and is still great for this drug, but now they needed more cash for development, big time funds showed up, bought up the offering below the current pps at the time, and the stock still took off because of the potential.
I see the same here, but it depends on many things, for example the quality of the the investors who fill the PP, are they investors or Penny stock flippers and death spiral financiers? How solid is the legal argument for the patents? Do they have the legal standing to go after those who infringe upon them? Will the courts see it their way if it comes down to it? All questions that will have answers down the road, those questions imo are reflected in the current pps and low trading volume at the moment.
If these patents are solid, and the proof of concept works, we have nothing but blue skys in our future, I hope those taking advantage of the PP see it that way, instead of an opportunity for some death spiral financing that will turn this into another otc share dumping scam.
I’ve listened and watched the investors calls, I’ve been impressed with the people that have been brought on board, Tony at the helm has been communicating with shareholders in a positive way…I’m optimistic. We will just have to wait and see like always.
Most likely, hence the recent reason for the AS increase. Might hurt short term, but in the long run if they get this going it won’t be an issue. They need funding, funding comes from investments, investments come with shares.
I would assume the terms of the placement will have to be disclosed in the next 10Q.
I think if these patents are as solid as they say they are, having the SRT reflected in the company name would be the core business angle. The ticker symbol doesn’t have the best history with all the failed attempts to fill the PMPG shell. Now that it looks like there is something solid here, I would love to see the company move away from the PMPG ticker symbol and reflect the new potential. A fresh start and hopefully a basis for something big!
Yep definitely great news! Nice to see so much work going on as the company has remained somewhat quiet lately. I like it!
If those shares were indeed sold, someone has to buy them back to return them. Looks like the TA was at fault in issuing them, so maybe on them to make it right? Will be interesting to see it play out as the PP’s moves north.
So that leaves about 22 million shares that need to be returned? Those are the rest of the shares that were improperly issued and probably sold into the float?
New 8K 78 million shares returned to the treasury:
https://www.secfilings.com/viewfilingpdf/15083408
Pope was the placeholder CEO for the PMPG shell before it was sold and the shell filled by another group. He was the one who signed and filed the filings until a new group bought the shell, took it over and brought NPI/SRT into the old ticker.
If someone is invested here for the VHMC shares, they came for the wrong reason imo. This was clean up for the note associated with VHMC i think. Those shares aren’t even tradeable at the moment, this is a way to move on from that issue and focus on the SRT tech. A good step in the right direction.
The next catalyst is completely taking NPI into the PMPG fold, who knows, with that happening PMPG may just become NPI in a more direct reverse merger type action. Would love to see a ticker change and PMPG becoming NPI….let’s see what happens.
SECTION 1 REGISTRANT'S BUSINESS AND OPERATIONS
Item 1.01 Entry into a Material Definitive Agreement.
On March 26th, 2021, Premier Products Group Inc. seller, (the “Company”) and Data Smart Company, Inc. (DSI), buyer, ( a private Delaware corporation) entered into a Purchase Agreement to sell the 51 preferred controlling shares of Valley High Mining Company. Data Smart Company, Inc. used cash to purchase Valley High Mining Company.
The agreement states that on the closing date of March 26th, 2021, all Premier Products Group, Inc shareholders on March 26th, 2021 will have common shares in the private company Data Smart Company.
Premier Products Group Inc. (OTCBB) completed the sale of their direct wholly-owned subsidiary, Valley High Mining Company’s 51% voting control Series B Preferred shares, to a newly formed Delaware company, Data Smart Company Inc. All Shareholders of Premier Products Group Inc. (PMPG, OTCBB) will be receiving One (1), Data Smart Company Inc. share for every one (1) PMPG share they owned on the close of business March 26, 2021. The shares issued are not tradable, as Data Smart Company Inc. is a privately held company and does not trade on any exchange as of yet. The shares will be held in book entry form and the company will be acting as the registrar and will be notifying shareholders on how they can access their share information in the near future on their website. Data Smart Company Inc. information is as follows
Data Smart Company Inc. 5868 Westheimer RD Unit 453 Houston, TX. 77057
Phone (713) 332-6377 info@datasmartcompany.com CEO. Ceddrick Brown
How Valley High Mining Company Became a Private Wholly-Owned Company
On February 22, 2018, the issuer (having been renamed, immediately prior to this Holding Company Reorganization, from “Premier Products Group, Inc.” to “Valley High Mining Company”) completed a corporate reorganization (the “Holding Company Reorganization”) pursuant to which Valley High Mining Company, as previously constituted (the “Predecessor”) became a direct, wholly-owned subsidiary of a newly formed Delaware corporation, Premier Products Group, Inc. (the “Holding Company”), which became the successor issuer. In other words, the Holding Company is now the public entity. The Holding Company Reorganization was effected by a merger conducted pursuant to Section 251(g) of the Delaware General Corporation Law (the “DGCL”), which provides for the formation of a holding company without a vote of the stockholders of the constituent corporations.
In accordance with Section 251(g) of the DGCL, Premier Services, Inc. (“Merger Sub”), another newly formed Delaware corporation and, prior to the Holding Company Reorganization, was an indirect, wholly owned subsidiary of the Predecessor, merged with and into the Predecessor, with the Predecessor surviving the merger as a direct, wholly owned subsidiary of the Holding Company (the “Merger”). The Merger was completed pursuant to the terms of an Agreement and Plan of Merger among the Predecessor, the Holding Company and Merger Sub, dated February 22, 2018 (the “Merger Agreement”).
The foregoing description of the Merger Agreement set forth in this current report is qualified in its entirety by reference to the full text of the Merger Agreement, which can be found on the EDGAR system on the 8k filed and dated March 01, 2018 by Premier Products Group Inc.(PMPG)(OTCBB)
8K is out!
It’s a great sign though that those on Seeking Alpha are paying attention.
That was a Seeking Alpha article not an official press release from the company. It’s Seeking Alpha authors opinion….more people paying attention.
It’s old news from a failed reverse merger from a few years ago, has nothing to do with PMPG now.
More stock? Nah…material news aside from LOI’s and MOU’s would be better for the pps. Hopefully the need for more shares doesn’t come until PMPG has something material and solid. An 8K backing that wouldn’t hurt either!
Yeah that note comes from the old days as VHMC and has been included in every filing I’ve read over the last several years.
It’s the same template they have been using for years it seems. There isn’t any revenue to report yet, as most of the filings have just been rehashed over the years to maintain currency. The only thing different here was addressing some liability’s.
10Q tomorrow? I think that that’s the limit of the 5 day 10Q extension they filed on the 17th. 1Q was due by the 15th I think.
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Duh, welcome back, there were zero assets in the empty shell of PMPG in 2020. We have known this since it was VHMC. Remember when the shell was taken over? This shell with zero assets, no business? That was 2020, that was the latest filing representing the whole year of an empty shell.
It’s no longer an empty shell, doubt there is any revenue at the moment, that’s not why we are here, we are here for what’s to come.