Precious Investments, Inc., Announces Global3pl Network and New Branding
Mississauga, Ontario, Canada - 
(NewMediaWire) - September 05, 2018 - Precious Investments, Inc. (OTC Markets “PNIK”) (the “Company” or “Precious”), announces the launch and foundation of the Global3pl Network, to link together 3pl (Third-Party logistics) companies and shippers, to allow just-in-time inventory and just-in-time delivery of e-commerce, retail and manufacturing related companies to be fully vertically integrated. The Global3pl Network will allow the smaller 3pl shippers to actively participate in the e-commerce arena with having a direct B-to-B and B-to-C distribution channel.
When fully operational, the Global3pl Network, which is expected to be in the fourth quarter of the year, the Global3pl Network, will create a North American, and eventually world-wide network that will allow any 3pl to offer a seamless communication and information ecosystem to share info, along with a shipper interface to push or post jobs (pick n pack, shipping, rush, etc). The national network of facilities throughout North America with single access will offer Geolocation GPS tracking of all freight movement, automated notifications, uniform quality control “if/ then by exception” notifications and job rating across the network (per job) of facility, UrbanX carriers and finally, consolidated, automated billing, collections, and financing.
The Company is also announcing the re-branding of its operations, currently under the name of KRG Logistics, Inc., as Global3pl, Inc. This re-branding is to be effective on or about September 15, 2018. The new branding will better portray our operations as able to handle the e-commerce logistics, and the just-in-time inventory and just-in-time delivery and “Last-Mile Delivery” to its shippers.
Additionally, the Company is pleased to announce that Tim Bartlett has been appointed as Vice-President and Chief Operating Officer of our subsidiary, KRG Logistics, which is to be rebranded as Global3pl, Inc. Mr. Bartlett has previously been the head of International Operations for the subsidiary.
Mr. J. Zimbler, President and CEO of the Company, stated, “The launch of Global3pl Network opens an exciting new chapter in the operations of the Company. This Global3pl Network will allow every 3pl, no matter the size of the operation, to compete with the largest 3pl companies and “Last Mile” delivery options. We are anticipating the completion of all the aspects of the Global3pl Network and plan to offer blockchain technology at the appropriate time in the areas of supply chain management area. Our re-branding is a sign of our commitment and faith in the Global3pl Network, and Mr. Bartlett is going to add a significant amount of value to our operations.”
Precious Investments, Inc, through our subsidiary, KRG Logistics, Inc., to be re-branded Global3pl, Inc., is an integrated 3PL and logistics company. KRG Logistics is engaged in the business of the fulfillment of e-commerce transportation and logistics for third parties and manages the entire “logistics process”. The Company’s freight management program obtains the most effective combination of rates, carriers, tracking and service points to pick up returned products from store and distribution center levels with centralized billing, auditing and claims capabilities.
Our wholly owned subsidiary KRG Logistics, Inc. (www.krglogistics.com) has the expertise to manage and provide North American Manufacturers and Retailers a true SINGLE SOURCE Supply Chain Solution. Due to our strategic placement in the supply chain relative to the manufacturers, retailers and distributors position, the Company is best suited to provide these services. KRG Logistics, Inc. customizes freight management and fulfillment programs that provide manufacturers and retailers with the most cost-effective end-to-end services from the moment the shipment authorization is issued to the time the product is shipped and received.
FORWARD LOOKING STATEMENTS
The information contained herein includes forward-looking statements. These statements relate to future events or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.
Contact: Precious Investments, Inc. 631-676-7230 info@preciousinvestments.net
