Premier Development & Investment, Inc. to Amend Articles in Order to Capitalize and Eliminate Certain Long Term Liabilities and All Short Term Loans Totaling no Less Than $29 Million

LAS VEGAS, June 03, 2026 (GLOBE NEWSWIRE) -- Premier Development & Investment, Inc. (OTC: PDIV) (“The Company” or “Premier”) filed a Supplementary Filing on OTCIQ on June 2, 2026 detailing the Amendments to its Articles to create unsecured and interest free Preferred Stock (“Preferred”) and with an “iron clad” inability to convert the Preferred and for a period of not less than two years. At this time, we are capitalizing long term liabilities in the amount of not less than $27 million.