Market Overview

1PM Industries, Inc. Provides Shareholder Update

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California, May 01, 2017 (GLOBE NEWSWIRE) -- 1PM Industries, Inc. (OTC:OPMZ) today provided some very favorable feedback based on recent inquiries from the investment community.

CEO Joseph Wades stated, "This is an exciting and lucrative business model that we've implemented, but we concede that it does require some additional explanation, as we're not your typical publicly traded company.  Since we are a unique type of business, let's start with a few questions that people have had about our operations.  The number one question that we receive is "Why can't you share with us who your specific clients are when you announce new projects?"  We improve upon the process with each new client, but remember that our team started in the private sector for several years before taking the operation public and with that came a lot of trial and error.  In one case in particular, word got out that a client that had a significant deal in the works and the company that they were in negotiations with began to receive a ridiculous amount of phone calls and it killed the deal.  That was the day that we decided that it was not in the best interest of the company or our clients to reveal too much information at the outset.  In the big picture scheme of things, it just makes good business sense and we hope that our shareholders understand and agree."

Company COO, Matt Billington also contributed to the discussion with, "Another statement made recently was, "We're glad to see that your revenue has grown so quickly, but your share count has increased as well.  Will that continue?"  In the short term, we still have a relatively small amount of convertible debt on the books, but legally, it still required a recent increase in our authorized share count well beyond what we'll ever use.  Once that debt is settled the share count will stabilize as well.  From this point forward, we will only take on additional convertible debt under the criteria where it is at least $1,000,000 being offered and where we can expect to drive 5-10 times top line revenue growth per dollar received within 18 months. Additionally, there will be a holding period of six months and ideally would only be convertible in traunches once every six months.  In other words, the objective will be to use debt to our advantage where in every case possible, shareholders see a five to ten times return on the borrowed dollars used to grow the business."

Mr. Wade went on to say, "Another question that we wanted to address was, "What are the different ways that your company makes money or captures revenue?"  I would guess that we'll be addressing these types of questions or versions of them for as long as we're in business and we'll patiently do so often.  I actually like answering this one because it helps people to understand the long term value and potential of being an investor in our company.  First, we act as an incubator for companies looking to go public.  We capture revenue on the front end from the sale of the publicly traded vehicle that is used to transition clients to publicly traded status.  In some cases we also provide initial capital to get them started.  Typically, we may receive anywhere from four to nine percent of the company for our consulting services and another four to nine percent for the capital investment and that's where the revenue potential for our company could and will grow exponentially beyond the typical revenue captured from each client.  For example, we recently announced a new client in the Elder Care industry.  This same group started a company on the OTC in 2008 and moved to the NYSE in 2014.  That company has a current market cap of approximately $180 million, so just a 5% stake in that business would be worth around 9 million today.  If you look forward just a few years, the assets of 1pm Industries, Inc. could and should be exceptional as we continue to take on new clients and hold stakes in all of the more successful ones over the long term."

Mr. Wade finished up with, "I want to continue a dialogue with our current shareholders and potential investors as often as necessary in order for each person to understand the full potential of what we are building here.  We are already exceeding our 2017 projections and word has gotten out that we are the company that you can rely on to ensure a smooth transaction from private to public status.  The system itself is sound and we are excited to be on course in building out a company that everyone can be proud of for years to come."

About 1pm Industries:  1pm Industries, Inc. helps private companies to become public trading entities.  1pm Industries ensures that each client is shepherded through the process of becoming a publicly traded entity and then acts as a consultant until such time that the company is capable of managing the necessary activities and requirements on their own.  In many cases, 1pm Industries locks in long term contractual agreements even after a company is trading publicly depending on the experience level of the management team.

Notice Regarding Forward-Looking Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Actual results could differ from those projected in any forward-looking statements due to numerous factors. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual and interim reports.

Contacts

1PM Industries, Inc.
(424) 253-9991
info@1pmindustries.com
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