Premier Products Group Inc (PMPG)

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Interesting, but NOT EXACTLY what Hick's himself stated in the 8K below why the filings has stopped.

correct.he wanted to do the filing and quickly stopped when he saw the millions in debt.
Stein has been trying to do this for years

ITEM 8.01. Other Events.
On October 25, 2021, Premier Product Group, Inc is addressing the issue of the Expert Status on OTC Markets.
Who can access the Expert Market?
Quotations in Expert Market securities are restricted from public viewing. Only broker-dealers and professional or sophisticated investors are permitted to view quotations in Expert Market securities.
Despite the restrictions on who can view quotations, the Expert Market does not impose restrictions on who can trade securities. Rule 15c2-11 governs a broker’s ability to submit, publish or distribute quotations (i.e., bids and offers) in OTC securities. The Rule does not apply to the underlying transactions or the ability of an investor to buy or sell a security.
How did we get here?
PMPG could have provided completed financials to the Auditor in time to file the 2nd Quarter financials prior to the 15c2-11 amendment date of September 28th, 2021. After lengthy discussions, the Auditor decided that PMPG’s Accountants have to amend the 2020 10K filing and 2021 1st Quarter 10Q filing prior to filing the 2nd Quarter 10Q filing.
The Auditor overlooked in prior filings, the non-booking of derivatives on liability notes. At this point, it was PMPG’s understanding that PMPG cannot file the 2nd Quarter 10Q filing before the amended filings are completed. Due to the extremely short and limited time frame to complete the amendments, PMPG could not complete the two amended filings and 2nd quarter filing prior to the September 28th 15c2-11 amendment date. The non-filing resulted PMPG to be classified to the Expert Market.
Could PMPG prevented the Expert Market corporate Action?
PMPG met its obligations to the Auditor and PMPG could have provided the financials on time for the Auditor’s review to file the 2nd quarter financials. While the Auditor had five (5) months to review and amend the prior filings, the Auditor made the decision to amend the prior filings in early September. This extremely late decision by the Auditor put a strain on PMPG and the Accountants. PMPG and the Accountants worked day and night to complete the amended financials for the Auditor’s review in a limited time frame.
Shareholder Transparency
Shareholders please note as a fully reporting company, the Auditor have the final say on PMPG’s audited and reviewed filings. The Auditor’s decision to amend the filings were completed in the ‘Spirit of Transparency’ to PMPG’s Shareholders.
Next steps to go back to Pink Sheet current
PMPG is currently working on the process to become Pink Sheet current again. PMPG will give Shareholders updates as soon as updates come in.

Hicks took over September 21, 2020, and in the over a year of being CEO not once did he mention he saw millions of debt that he wasn't previous aware of when he took over.

Section 5 – Corporate Governance and Management
Item 5.01 Changes in Control of Registrant.
Effective September 21, 2020,Old Sawmill Partners LLC, the holder of an aggregate of 51 shares of Series B Preferred Stock of PREMIER PRODUCTS GROUP, INC. (the “Company”), representing 100% of the issued and outstanding shares of Series B Preferred Stock of the Company, sold all 51 of its shares of Series B Preferred Stock to Wilford Hicks, Tony Hicks and Edward Y. Lee, Jointly (the “Purchasers”), shown in the table below, which now beneficially owns 100% of the Company’s issued and outstanding shares of Series B Preferred stock. The purchase is being financed with a Promissory Note and Security and Financing Statement Agreement due and payable by September 22, 2021 unless amended by all the parties in writing within 60 days before the Note comes due.

Hicks failure was due to Hicks not Stein. Hicks thought he cold just write off the Valley High Mining Company stock which the audit's would not agree to.


Important to note not one share holder has received their dividend shares from Valley High Mining Company reverse merger. A Hicks action not Steins.