Friday, April 02, 2021 8:33:05 AM
Good evening Mr. Hicks,
I am reaching out to you on behalf of myself as well as a number of additional shareholders. I hold what I believe to be a fairly significant amount of stock in PMPG and I do believe in the vision of the company. I understand that there are privacy and confidential restrictions that may prohibit you from addressing some my concerns. However, I’m hoping you can shed some light on the questions I have below. I have been attempting to gain the stock more exposure through social media, and I would love to be able to provide some sort of an update to both myself and others. Please see my questions below and provide any clarity if possible. I thank you for your time.
Regarding the press release from 12/29/2020. The release stated that PMPG had completed due diligence for a joint venture with Ennis-Flint. The release also indicated that there would be an executed LOI in a few weeks. I understand that Ennis-Flint was acquired by PPG not long after. Are you able to confirm if the joint venture with Ennis-Flint(PPG) is still on the table? If so, are you expecting an official LOI in the near future?
Are you able to provide any updates regarding the sale of VHMC, and how that will affect PMPG shareholders? It is my understanding that shareholders of PMPG at the time of the sale would be offered and equal amount of shares in VHMC. It has been difficult for myself and others to find clarity on this matter. There was a mention in the press release that current PMPG shareholders could update their information on the PMPG website to ensure the shares would be dispersed properly. However, when on the PMPG website there is now indication of where we can go to update our personal contact information. Can you please provide some clarity on this matter?
Lastly, I would like to address the 78 Million shares that were improperly dispersed by the transfer agent. Is PMPG aggressively pursuing the return of these shares? Will this require a lengthy court battle before it can be resolved? Are you able to provide any updates on the expectations of how this process will go.
Myself and many others truly believe in the potential of PMPG and the possibilities that seem within reach. I thank you again for your time in reading this email. Any clarity you can provide would be greatly appreciated.
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