Options To Expand
As part of the continued expansion of the Company’s operations and activities, the Company has been performing due diligence on several potential investments, and is in discussions with a number of other businesses about partnering with or taking stakes in them. We will be providing additional information in the near future as deals and projects are finalized.
The Company’s operation model is to be asset and people light, with the bulk of our business done through partnerships, joint ventures and investment into solutions and partners, enabling us to operate with a small team of highly experienced people, utilizing technology and outsourcing wherever possible and efficient.
With the proposed Company expansion over the next few month, we do however need to bring in several more people to expand the management team and operations. We’re delighted that several senior industry figures share our vision for the future of the Company and have agreed to join us as we roll out the expansion.
The Company currently does not have the cash resources to appropriately reward and incentivize the new staff, consultants and advisors that will be brough in. The Company’s Board of Directors (“BOD”) does not believe that it is possible or in the interests of the existing shareholders for the Company to raise significant cash at the current share price. The BOD has therefore approved a package of options convertible into up to 50 million common shares at prices from $0.50 to $5.00 per share (the “Options”) to enable the Company to attract and retain suitable expertise to expand the Company.
Simon Littlewood, PIHG President, commented: “I’ve spent the last few weeks sharing my plans for the future of PIHG with some incredible people, from different countries and industries, who share the vision of what we can build PIHG to become.”
“With the right team and platform, we can take advantage of the rapidly advancing technology, more favourable and changing regulatory environment, geopolitical and economic disruption, that has created a growing demand for a trusted partner that can meet the need for a one stop shop that can provide expertise in finance, solutions, and international markets.”
“With the approval of the Options, we look forward to announcing the first of the new team members in the coming weeks.”
For additional information, or to be placed on our mailing list, please contact info@pluralihg.com or visit www.pluralihg.com or LinkedIn