Premier Products Group, Inc. (PMPG) Executes Joint Venture Agreement Gaining Exclusive License for 21 International Two-Way Wireless Communications SmartRoad Technology Patents in 32 Countries
Progected Revenues TO BEGIN WITHIN THE YEAR and will be in the hundreds of millions over next 5 years!!
According to PMPG Chairman and CEO Tony Hicks, SmartRoad Turtle, LLC, as the Smart Road Turtle Joint Venture, initially expects to start generating revenues within a year and could generate over $100 million over the next five years. By deploying SRT's two-way wireless communications technology that are embedded in and near paved road surfaces. The patented applications cover technologies for autonomous and semi-autonomous driverless vehicles and will also communicate with other critical smart road & city infrastructures.
"Our team has analyzed the potential revenue streams and based on our assumptions and projections, the SmartRoad Turtle Venture could generate gross revenues of $100 million over five years," stated PMPG Chairman and CEO Tony Hicks.
Currently in talks with multiple US cities.
Have a MOU with Verses, using Lidar/Drone Management.
Sent proof of concept to the Big 4 cloud computing companies.
PMPG currently trading in the 4 cent range!
