I just read the news now (sometimes I'm a little slow). I must admit, I had not known that they had released news as I see that the news never had hit the wires. Maybe they are planning to release the news through the wires this week. It looks pretty good so they should not treat it as a secret and could actually be better than what we thought was originally coming into PMPG. Before reading the PR below, I think it is important to note that the company stated within the PR to... Go to www.smartroadturtle.com to get more information on the joint venture website. ... After going there and perusing through the website, I saw where they plan to have $131,006,333 in Revenues and $104,734,110 in Profits (before Admin costs) and this Revenue Model is just for one city (Dallas, Texas) annually.
There's only one word to sum up what the valuation would be from this deal... HUGE! Read below (make sure to read the statistical data at the end of this post following the PR):
The company are in talks with Microsoft:
As one can see, Smartroad Turtles is the first column and blows their competition out of the ocean:
They are already in talks with Microsoft and with having 21 patents within this Industry, I'm guessing that there are many more major companies that will have to come to see them for entering into this Industry. See below: