Saturday, July 10, 2021 11:14:37 AM
Letter from the Chairman PMPG
Premier Products Group, Inc. (PMPG)
'Again, Rome was Not Built in a Day'
JULY 2021 LETTER TO SHAREHOLDERS
Dear Shareholders,
Every quarter I give updates to our loyal shareholders. The only thing PMPG can promise is solid hard work in the best interest of PMPG Shareholders. Like most startup companies, focusing on operational cash is a priority and foundation to taking PMPG to the next level. PMPG is currently focusing on raising funds and completing our Proof of Concept with a major city (cannot disclose yet).
PMPG accomplished the following in 2021:
* 78 million shares returned to the treasury
* Sold Valley High Mining Company the subsidiary
* The sale of Valley High Mining Company resulted in an income Gain on extinguishment of liabilities of $ 1,160,098.
* PMPG's balance sheet has made a major turn around the 1st Quarter of 2021 and reduced PMPG's liabilities by $987,423
* Completed the Private Placement Memorandum
PMPG next goals for 2021:
* Closing the majority interest purchase of SmartRoad™ Turtle, LLC
* Start producing Revenue
* Letters of Intent for multiple cities for SmartRoad™ sensors
* Complete Proof of Concept for a major city
* Close current negotiations with major investors
In summary and in my personal opinion, PMPG is grossly undervalued and when the Proof of Concept is completed, PMPG will be the Gateway to the SmartRoad™ industry. I am not a financial analyst and my opinions are only my opinions…..
Tony Hicks
Chairman and CEO
tony@pmpginc.com
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