Investors Hangout Stock Message Boards Logo
  • Mailbox
  • Favorites
  • Boards
    • The Hangout
    • NASDAQ
    • NYSE
    • OTC Markets
    • All Boards
  • Whats Hot!
    • Recent Activity
    • Most Viewed Boards
    • Most Viewed Posts
    • Most Posted
    • Most Followed
    • Top Boards
    • Newest Boards
    • Newest Members
  • Blog
    • Recent Blog Posts
    • Recently Updated
    • News
    • Stocks
    • Crypto
    • Investing
    • Business
    • Markets
    • Economy
    • Real Estate
    • Personal Finance
  • Market Movers
  • Interactive Charts
  • Login - Join Now FREE!
  1. Home ›
  2. Stock Message Boards ›
  3. Stock Boards ›
  4. Perpetual Industries Inc. (PRPI) Message Board

Perpetual Industries Inc. (PRPI) Completes Key Acq

Message Board Public Reply | Private Reply | Keep | Replies (0)                   Post New Msg
Edit Msg () | Previous | Next


Post# of 28
(Total Views: 205)
Posted On: 04/21/2021 5:00:55 PM
Avatar
Posted By: NetworkNewsWire
Perpetual Industries Inc. (PRPI) Completes Key Acquisitions in Plan to Create Unique Offering in Growing Collector Car Space

- PRPI’s blockchain expertise serves as perfect bridge between two new acquisitions
- Worldwide Auctioneers, AutoGrafic Software System both bring unique technology, experience and talent to the table
- Perpetual announced plans to create a new division

Two recent acquisitions by Perpetual Industries (OTC: PRPI), a company whose mission is to perpetuate industry by bringing value-added technologies to market, are strategically aligned to create a unique offering in the world of collector cars. PRPI’s blockchain expertise serves as the perfect bridge between the two newly acquired companies, allowing them to come together in a synergistic offering designed to provide auto collectors, enthusiasts, restorers and lovers a more interactive and connected experience.

Earlier this year, PRPI acquired the Worldwide Group LLC., which operates as Worldwide Auctioneers (https://nnw.fm/ko03c). Worldwide is a U.S.-based boutique auction company specializing in the sale and acquisition of classic vintage automobiles at auction around the world. Perpetual Industries CEO Brent Bedford noted that the Worldwide team’s “entrepreneurial spirit is a good match with ours, and I am looking forward to achieving greater growth in Perpetual while playing a key role in reaching the future goals of Worldwide.”

The announcement noted that the acquisition presented multiple channels of collaboration within PRPI’s blockchain division that would create greater diversity and revenue streams for the company. PRPI’s resources and capital enable Worldwide to transform the way it supports its customers, offering its buying and selling services on a much larger scale.

On April 6, 2021, PRPI announced a second strategic acquisition: the company completed its acquisition of AutoGrafic Software System, software as a service (SaaS) and social application that utilizes cutting-edge technology to host a myriad of aspects for automotive promotion and preservation (https://nnw.fm/ASAhF).

“This acquisition provides another foundational piece in our quickly expanding blockchain division and, in addition to outstanding software, augments our team with some truly exceptional talent,” Bedford stated. “It will also greatly benefit Worldwide Auctioneers, our newly acquired wholly owned subsidiary, by bringing much-needed new technology and innovation to their customers and the collector car industry at large.”

In conjunction with the acquisitions, Perpetual announced plans to create a new division of the company, bringing the combined expertise of all its resources together in a robust, comprehensive service. Future offerings will include a mobile app, loyalty program, tokenization on the blockchain and a full suite of additional multidimensional features. Using a mobile phone or web browser, AutoGrafic users will be able to access these offerings based on which free or premium subscription-based plan they choose.

The Specialty Equipment Market Association (“SEMA”), the trade association to car, truck and SUV enthusiasts, recently revised its definition of classic cars to include cars produced through the 1980s (https://nnw.fm/dqjJg). That move introduces a whole new generation of classic vehicle owners into the space, owners who “can be at times very different from the customers we’re used to,” the report notes. “Having grown up with the internet, they are more than comfortable going online to learn the skills they need to work on their classic, shop for parts, and connect with other classic vehicle enthusiasts.”

This announcement only increases the potential in U.S. classic car market, a market that recorded revenue of approximately $12.63 billion in 2020 and is projected to reach $15.5 billion by 2021 (https://nnw.fm/qZExv). Perpetual’s recent acquisitions and future plans position the company to make the most of this growing opportunity.

For more information, visit the company’s website at www.PerpetualIndustries.com.

NOTE TO INVESTORS: The latest news and updates relating to PRPI are available in the company’s newsroom at https://nnw.fm/PRPI

Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer


(0)
(0)




Perpetual Industries Inc. (PRPI) Stock Research Links


  1.  
  2.  


  3.  
  4.  
  5.  






Investors Hangout

Home

Mailbox

Message Boards

Favorites

Whats Hot

Blog

Settings

Privacy Policy

Terms and Conditions

Disclaimer

Contact Us

Whats Hot

Recent Activity

Most Viewed Boards

Most Viewed Posts

Most Posted Boards

Most Followed

Top Boards

Newest Boards

Newest Members

Investors Hangout Message Boards

Welcome To Investors Hangout

Stock Message Boards

American Stock Exchange (AMEX)

NASDAQ Stock Exchange (NASDAQ)

New York Stock Exchange (NYSE)

Penny Stocks - (OTC)

User Boards

The Hangout

Private

Global Markets

Australian Securities Exchange (ASX)

Euronext Amsterdam (AMS)

Euronext Brussels (BRU)

Euronext Lisbon (LIS)

Euronext Paris (PAR)

Foreign Exchange (FOREX)

Hong Kong Stock Exchange (HKEX)

London Stock Exchange (LSE)

Milan Stock Exchange (MLSE)

New Zealand Exchange (NZX)

Singapore Stock Exchange (SGX)

Toronto Stock Exchange (TSX)

Contact Investors Hangout

Email Us

Follow Investors Hangout

Twitter

YouTube

Facebook

Market Data powered by QuoteMedia. Copyright © 2025. Data delayed 15 minutes unless otherwise indicated (view delay times for all exchanges).
Analyst Ratings & Earnings by Zacks. RT=Real-Time, EOD=End of Day, PD=Previous Day. Terms of Use.

© 2025 Copyright Investors Hangout, LLC All Rights Reserved.

Privacy Policy |Do Not Sell My Information | Terms & Conditions | Disclaimer | Help | Contact Us