Power Americas Resource Group Ltd. - PARG STOCK NEWS

Power Americas Resource Group Ltd. (PARG) is addressing a Caveat Emptor Designation placed on its securities by OTC Markets as of February 16, 2023, due to recent promotional activities not associated with the Company. PARG emphasizes the importance of relying on official Company communications for accurate information, warning investors against speculative claims about stock performance. The Company confirms that its management and controlling shareholders have not been involved in any promotional activities related to its shares. PARG is in contact with OTC Markets to expedite the removal of the designation, which typically lasts a minimum of 30 days.

Power Americas Resource Group Ltd. (OTC: PARG) has appointed three members to its Audit Committee: Prabhu Rajendiran, Kumar Elumalai, and Ramasamy Balasubramanian, who is also the Treasurer, CFO & Chairman.

The company has retained Lockett + Horwitz as its special securities counsel to enhance its operational capacity. Ramasamy Balasubramanian emphasized their commitment to building a robust internal and external team to capitalize on opportunities in the growing Digital Twin marketplace.

PARG focuses on its proprietary technology, Twin Infra, an integrated SaaS solution aimed at optimizing construction processes through digital modeling.

Power Americas Resource Group (OTC: PARG) has announced the appointment of Prabhu Rajendiran as an Independent Board Member. Mr. Rajendiran is a Chartered Accountant with over 12 years of experience in taxation and business model rationalization. His expertise spans various industries including manufacturing and services. CEO Mark Croskery emphasized that Mr. Rajendiran's experience and perspective will enhance the company's intellectual capital and transparency. PARG is commercializing its Digital Twin technology, 'Twin Infra', aimed at revolutionizing the construction industry through optimized project management and real-time data handling.

Power Americas Resource Group Ltd. (OTC: PARG) announced the appointment of Kumar Elumalai as the first independent member of its Board of Directors. Elumalai, a Chartered Accountant with over 25 years of experience, has worked extensively with large domestic and multinational entities in tax matters and business model development. His role will include participation in the Company’s Audit Committee alongside CFO Ramasamy Balasubramanian. CEO Mark Croskery emphasized that this step signifies the company’s commitment to transparency and accountability, aiming for future uplisting. Elumalai expressed enthusiasm about contributing to the company’s growth in the construction technology sector.

Power Americas Resource Group Ltd. (OTC: PARG) announced plans to participate in the Autodesk International Sales Event in Nashville, TN, from March 6-9, 2023. The company aims to initiate a marketing initiative for its Digital Twin technology, "Twin Infra," focusing on partnerships with established Autodesk partners. With over 4,500 industry leaders expected at the event, PARG looks forward to collaborating with regional partners to enhance its market presence. The company's leadership believes these meetings could catalyze rapid penetration into the Digital Twin market, leveraging their extensive experience in construction and project management.

Power Americas Resource Group Ltd. (OTC: PARG) announces its goals for 2023 in a letter from CEO Mark Croskery. The company focuses on its proprietary Digital Twin technology, "Twin Infra," aimed at enhancing the construction industry. PARG plans to secure independent directors to strengthen its leadership and intends to pursue an OTCQB listing to enhance share liquidity and credibility. The CEO emphasizes the robust growth potential in the construction sector, with the U.S. market valued at approximately $1.6 trillion in 2021, further underlining the company's confidence in its direction.

Power Americas Resource Group Ltd. (PARG) has appointed a new executive management team to catalyze its Digital Twin technology, Twin Infra, for the international construction sector. The team consists of Mark Croskery as CEO, Ramasamy Balasubramanian as CFO, and Kirubakaran Candasamy as CTO. The Company aims to enhance project management efficiency leveraging AI, Blockchain, and other cutting-edge technologies. PARG plans to solidify its market position and pursue a listing on a senior exchange while emphasizing the potential of Digital Twin technology for construction lifecycle management.

Power Americas Resource Group Ltd. (OTC: PARG) aims to lead in the growing Digital Twin technology market, projected to expand from $6.9 billion in 2022 to $73.5 billion by 2027 with a CAGR of 60.6%.

The company’s technology enhances the construction process by optimizing costs, predicting problems, and improving efficiency. PARG plans to develop a Common Data Environment to support construction lifecycle management while leveraging modern technologies such as AI, IoT, and Blockchain.

Power Americas Resource Group Ltd. (PARG) announced the retention of Integrity Media for managing Investor Relations and Corporate Communication. Integrity Media, led by Kurt Divich, brings over 20 years of experience in public markets. CEO Mark Croskery emphasized Integrity Media’s commitment to transparency and effective communication with investors. Divich expressed enthusiasm about PARG's innovative and potentially disruptive business model in the construction industry. The partnership aims to enhance corporate communication and keep investors informed about future developments.