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Friday, June 18, 2021

The Swift Run on PVDG (Poverty Dignified) UV, Virexit, Safer Place Technologies, New CEO Katzaroff

PVDG (Poverty Dignified) is making an explosive move up the charts in recent months from well under a penny to recent highs of $0.103 per share. The stock has transformed into a volume leader in small caps trading over $8 million in dollar volume on Thursday alone and quickly attracting legions of new shareholders who continue to bid the stock higher. Recently PVDG completed the acquisition of Safer Place Technologies™ at which time CEO James C. Katzaroff stated: “I anticipate, in rapid order, the addition of our unaudited financials and current corporate information to be posted on the OTC Markets website, which will alleviate the dreaded stop sign and provide further transparency. When the unaudited financials are completed, we will immediately commence the audit and I expect that we should have the completed audit over the next few months.” 

PVDG is an exciting story in small caps that is getting the attention of penny stock speculators as the Company makes big moves in Virus detection, UV Virus Destruction and PPE. The Company has made 2 important acquisitions starting with Virexit, a licensing company specializing in the antimicrobial and antiviral sectors followed by the acquisition of Safer Place Technologies™ a Company focused on the flight to safety, that has identified state-of-the-art technologies that can be combined, in various configurations, to create safer business locations, public location environments, as well as safer households. The Company is led by new majority shareholder and CEO James C. Katzaroff who stated at a shareholder meeting the Company was looking into UV Light in terms of antimicrobial, antiviral sanitation. The November acquisition of Safer Place Technologies will facilitate a national and international distribution partnerships which are addressing this pandemic in the fight against COVID-19 as well as impending future threats from other contagions that have yet to surface. Before becoming CEO of PVDG Mr. Katzaroff served on the board and was a Managing Director at Smi Capital Markets LLC., which operates a US based Brokerage Firm and has done $50 billion in transactions. 

Poverty Dignified Inc (stock: PVDG) is a renewable energy company, incubating microgrid solar technologies to establish electrification, education, connectivity and retail service infrastructures that meet the needs of poverty-stricken communities across the globe. The company incubates business concepts, designed to solve essential problems and enhance the quality of life for millions of people, and intends to leverage its electrification, education, connectivity and media service infrastructures to become a significant rural electrification company. PVDG has been busy positioning itself at the heart of poverty stricken, bottom of the pyramid areas, with sustainable technologies that were intentionally designed to thrive in these harsh environments and become the very model of replication, the capacity now exists to champion the solutions necessary to empower the individual, community and local economy.  

Microcapdaily first reported on PVDG on June 31 after the change of control with new majority shareholder James C. Katzaroff taking control as CEO and Chairman of the board of directors. This was followed by a binding letter of intent to acquire all the intellectual property and proprietary technology represented by the trade name Virexit, a licensing company specializing in the antimicrobial and antiviral sectors. The acquisition was completed in July and soon after Virexit received its registered Trademark approval. VIREXIT is a ‘Brand in a Box’ concept and stands for newly developed effective, ethical, and safe products within the antiviral dominion. This timely acquisition by Poverty Dignified gives momentum to the anticipated creation of global distribution partnerships which are addressing the current pandemic as well as to further the cause of hygiene issues. 

PVDG has assembled a powerhouse management team led by majority shareholder and CEO James C. Katzaroff.  Patrick Netter will be spearheading the Company’s advertising and public relations strategy. Peter Thusat is the Managing Director of New Product and Service Vetting. PVDG new majority shareholder and CEO James C. Katzaroff is a seasoned executive who was hired straight out of college as a financial consultant for Wall Street firms Bateman Eichler, Smith Barney and EFHutton. Mr. Katzaroff was also on the board and Managing Director at Smi Capital Markets LLC., which operates a US based Brokerage Firm and has done $50 billion in transactions. 

On November 18 PVDG announced it has officially consummated the closing in regards to the previously announced (Oct. 26, 2020) Letter of Intent with Safer Place Technologies™, LLC. This follows July’s acquisition of Virexit Technologies, adding strength with products and personnel to what is currently known as Poverty Dignified, Inc. 

Safer Place Technologies™ (www.SaferPlaceTech.com) will offer path forward solutions for these uncertain times with the creation of a primary sales and marketing platform in the form of a vertical on-line marketplace. The Safer Place Market Hub will provide a single source for buyers and sellers of protective products and services, utilizing the Mission Statement of Virexit – “Making the World a Safer Place with Innovative and Effective Technologies.”  This platform will facilitate national and international distribution partnerships which are addressing this pandemic in the fight against COVID-19 as well as impending future threats from other contagions that have yet to surface.  

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PVDG

Safer Place Technologies™ understands the flight to safety, and has identified state-of-the-art technologies that can be combined, in various configurations, to create safer business locations, public location environments, as well as safer households. The technologies and products may be combined to offer a personalized, effective solution for a multitude of businesses, homes, and public locations such as schools, places of worship, restaurants, sports venues, as well as private and public transportation. The purpose of this single source, customizable approach, is to provide small businesses as well as stadium-sized facilities with effective solutions to the challenges they face in providing a safer environment. 

Safer Place Market™ is currently being developed by industry experts in health, marketing, and sales. We anticipate the marketplace to be live early in the first quarter of 2021. The Company’s internal mission is to screen, vet, and then aggregate stellar technologies and to provide the consumer with a convenient one-stop shop; it wants to represent the best of breed products within each category. Vertical channels will include the following: Places of Worship, Educational Institutions, Transportation, Restaurants and Hospitality, Retail Outlets, Commercial Buildings/Offices, Organizations, Associations, and Affinity Groups, Health Clubs, Trade Shows and Events, and Concerts and Sports Venues.

Patrick Netter will be spearheading the advertising and public relations strategy. This once in a century “lemon” has provided the Company with the potential for providing global lemonade. The team it is building is suited to successfully accomplish this project. 

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PVDG is making an explosive move up the charts in recent months from well under a penny to recent highs of $0.103 per share. The stock has transformed into a volume leader in small caps trading over $8 million in dollar volume on Thursday alone and quickly attracting legions of new shareholders who continue to bid the stock higher. Recently PVDG completed the acquisition of Safer Place Technologies™ at which time CEO James C. Katzaroff stated: “I anticipate, in rapid order, the addition of our unaudited financials and current corporate information to be posted on the OTC Markets website, which will alleviate the dreaded stop sign and provide further transparency. When the unaudited financials are completed, we will immediately commence the audit and I expect that we should have the completed audit over the next few months.” PVDG is an exciting story in small caps that is getting the attention of penny stock speculators as the Company makes big moves in Virus detection, UV Virus Destruction and PPE. The Company has made 2 important acquisitions starting with Virexit, a licensing company specializing in the antimicrobial and antiviral sectors followed by the acquisition of Safer Place Technologies™ a Company focused on the flight to safety, that has identified state-of-the-art technologies that can be combined, in various configurations, to create safer business locations, public location environments, as well as safer households. The Company is led by new majority shareholder and CEO James C. Katzaroff who stated at a shareholder meeting the Company was looking into UV Light in terms of antimicrobial, antiviral sanitation. The November acquisition of Safer Place Technologies will facilitate a national and international distribution partnerships which are addressing this pandemic in the fight against COVID-19 as well as impending future threats from other contagions that have yet to surface. Before becoming CEO of PVDG Mr. Katzaroff served on the board and was a Managing Director at Smi Capital Markets LLC., which operates a US based Brokerage Firm and has done $50 billion in transactions. We will be updating on PVDG when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with PVDG.

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Disclosure: we hold no position in PVDG either long or short and we have not been compensated for this article.

 

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