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shanett

07/09/16 11:59 AM

#5638 RE: shanett #5637

PS And they will "fit" into this group of traders we have right now :) $$PMPG$$
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Mistral

07/09/16 12:54 PM

#5640 RE: shanett #5637

Premier Products Group is NOT Gear Sports Nutrition. Don't let anyone "pump you up" into false expectations. It never has been Gear, and likely never will be Gear. Scalise holds 51 Preferred Shares, and is one of many stakeholders. There were likely terms set on that share transaction by Keystone Financial Group when they were transferred from the previous CEO to Scalise. This would be a wise move. Read the excerpt below to understand why I made that statement.

Item 5.01 Changes in Control of Registrant.

On January 12, 2016, Keystone Financial Management, Inc. (“Keystone”) filed a Notice of Rescission and Declaration of Default against Richard Johnson (“Johnson”) related to the Series B Preferred Stock Purchase Agreement dated December 3, 2014 (the “Agreement”) effective immediately. Keystone rescinded the Agreement due to Johnson’s failure to pay the deposit, failure to pay anything towards the purchase price, and failure to maintain the Company in Good Standing.

On January 12, 2016, Keystone executed a Stock Purchase Agreement with Mr. Peter Scalise for the sale of the 51 shares of Series B Preferred stock, which carries a 51% voting majority. The transaction represents a change in control of the Company.


8-K - http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11109395

We don't know if Gear, upon confirmation of the acquisition, will operate separately as a public or private Portfolio Company. We don't know if the Company will use their product "recipes" and re-brand them. There have been hints, but nothing from which to draw a solid conclusion.

Note that a Wyoming LLC was recently formed and named Premier Products Group LLC.

https://wyobiz.wy.gov/business/FilingDetails.aspx?eFNum=120053233230118154178107188161156115243092025236

Again, note that Scalise's name was removed from the Officer list on their OTC Company Profile. Also note that the news releases prior to April 20 were removed from their OTC pages.

I would keep expectations low if I was an LVGI person from several years back. I have spinoff shares with Cusip numbers that may never be available to me.

I am here because I respect Bill Wright and his decision-making skills. I have been invested in his other company CGrowth Capital for well over a year. I couldn't be happier with what he has done in turning that entity around. He may have something in mind for this entity.

We should be hearing confirmation of plans very soon.