Smart Road Turtles JV; the Rise of Premier Products Group Inc (OTCMKTS: PMPG)
Premier Products Group Inc (OTCMKTS: PMPG) is making an explosive move up the charts in recent days after the Company signed an LOI to form a joint venture with The Patent Portfolio Group, to become the ‘Gate Keepers’ to the Intelligent Highway Infrastructure. The joint venture will consist of an extensive patent portfolio (21+ patents) and products covering the U.S. and 32 countries internationally, to transform roads and Highways to an intelligent infrastructure to make every road a ‘Smart Highway’ in the U.S. and Internationally.
PMPG started running in October after a group of investors took control of the Company and installed themselves as management. The new management team led by Wilfred and Tony hicks, high level real estate executives have been executing since taking over. They quickly got all the filings up to date, set up a new corporate website positioned the Company for growth and revenue sustainability.
Premier Products Group Inc (OTCMKTS: PMPG) Operating out of Tarzana, California is focused on Finance, Real Estate, & Business Acquisitions. PMPG first came to the attention of penny stock speculators in the first week of October after the Company changed ownership with Wilfred Hicks, Tony Hicks and Edward Lee becoming majority shareholders. New management immediately focused the Company for growth and revenue sustainability in an effort to create value for shareholders. They set up the website pmpginc.com and quickly got the filings up to date recently filing their 10k as well as their Q3 results filed on November 24. With these actions, Premier Products Group, Inc. starts its decisive move to the future.
New PMPG chairman Tony Hicks has been been an active Senior Partner with Trai Beverly Hills, where he remodeled 250+ residential and commercial homes around the country. For ten years, he owned and managed a successful residential and commercial mortgage lending company. Most recently, he has partnered with World Heavyweight Champion and multi-million-dollar pitch man George Foreman as the founder and creator of the Choosing Independence Visa Debit Card program, a global initiative focused on helping students eliminate student loan debt. His brother Wilfred is also a real estate investor who bought and sold 4 Companies over the past 10 years. Edward Lee is a lawyer.
On November 19 PMPG announced it signed an LOI to form a joint venture with The Patent Portfolio Group, to become the ‘Gate Keepers’ to the Intelligent Highway Infrastructure. The joint venture will consist of an extensive patent portfolio (21+ patents) and products covering the U.S. and 32 countries internationally, to transform roads and Highways to an intelligent infrastructure to make every road a ‘Smart Highway’ in the U.S. and Internationally. The patents go back to 2012 and cover wireless communications on, in, or near a paved surface.
The Intelligent Infrastructure market size was valued at $23.67 billion in 2018 and is projected to reach $92.38 billion by 2026, growing at a CAGR of 18.7% from 2019 to 2026. Allied Market Research February 2020 “We are currently going thru the due diligence period and valuation process to determine value”, states Darrell Calloway, Interim CEO of PMPG.
The Patent Portfolio Group has prototypes of intelligent roadway pavement markers (RPM) that has the ability to transmit data and transform a municipality into a Smart City. Every RPM on the road can house up to 7 sensors to provide data to advanced driver assistance systems (ADAS). These sensors include GPS, temperature, motion, humidity, and water & ice detection.
Currently running northbound in ahurry PMPG is an exciting story developing in small caps that started running in early October after a group of investors took control of the Company and installed themselves as management. The new management team led by Wilfred and Tony hicks, high level real estate executives have been executing since taking over. They quickly got all the filings up to date, set up a new corporate website positioned the Company for growth and revenue sustainability. The stock is on fire again after the Company signed an LOI to form a joint venture with The Patent Portfolio Group, to become the ‘Gate Keepers’ to the Intelligent Highway Infrastructure. The joint venture will consist of an extensive patent portfolio (21+ patents) and products covering the U.S. and 32 countries internationally, to transform roads and Highways to an intelligent infrastructure to make every road a ‘Smart Highway’ in the U.S. and Internationally. Currently there are just 299 million shares out with AS capped at 500 million. We will be updating on PMPG on a daily basis so make sure you are subscribed to microcapdaily.com so you know what is going on with PMPG.
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