Premier Products Group, Inc. (OTCPK: PMPG) executed a definitive letter of intent to acquire Satic Inc. on October 18, 2016. Premier Products completed the due diligence and anticipates closing the transaction in the imminent future. Clifford Pope shall resign from the board of directors and all executive positions of PMPG. B.D. Erickson II, the President of SATIC will assume the position of Chief Executive Officer and Sole Director of PMPG with Clifford Pope staying in a transitional position for the next 30 days. Also upon Closing, PMPG shall appoint to its board of directors 3 members designated by SATIC. The new board shall appoint replacement officers for PMPG. As of February 13, 2017, Premier Products Group, Inc. (OTCPK:PMPG) entered into an acquisition and stock purchase agreement to acquire Satic Inc. Premier Products Group, Inc. (OTCPK:PMPG) completed the acquisition of Satic Inc. on February 14, 2017. Premier Products Group, Inc. (OTCPK:PMPG) cancelled the acquisition of Satic Inc. on January 10, 2018. The transaction was cancelled due to the non-completion of due diligence and other acceptable closing terms. As a part of the closing, B.D. Erickson, II, President of Satic, was to assume the position of Chief Executive Officer and sole Director of Premier Products . With the cancellation of the transaction, all officer and director positions have been rescinded back to Clifford Pope.