お知らせ • Feb 27
Puget Technologies, Inc. Announces Executive Changes Puget Technologies, Inc. announced that on February 21, 2022, Karen Fordham submitted her resignation as director on company's Board of Directors, effective immediately. On February 21, 2022, the company's Board appointed Mr. Hermann Burckhardt, the Chairman of the Board, who has been serving as the interim Chief Executive Officer since Ms. Fordham’s departure as President and Chief Executive Officer on January 27, 2022. お知らせ • Sep 16
Puget Technologies, Inc. announced delayed 10-Q filing On 09/14/2021, Puget Technologies, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. お知らせ • Aug 13
Puget Technologies, Inc. (OTCPK:PUGE) entered into a letter of intent to acquire 50% stake in D & D Rehab Center, Inc. Puget Technologies, Inc. (OTCPK:PUGE) entered into a letter of intent to acquire 50% stake in D & D Rehab Center, Inc. on August 11, 2021. As proposed, Puget would acquire D & D in two stages, first, a 50% interest in exchange for $1.5 million in cash equivalents and $1.5 million in unregistered shares of Puget's Class B Convertible Preferred Stock, $0.001 par value, and second, with an option to acquire the balance of D & D's securities at the same price and comparable terms within one year after the initial closing. In addition to the Puget shares received by the former D & D equity holders, during the initial two years following the proposed acquisition, the D & D subsidiary would be entitled to receive up to an additional $0.1 million in Puget Common Stock, $0.001 par value, based on attaining net pre-tax profit performance goals, currently envisioned to be $2 million for the calendar year ended December 31, 2022, and $3 million for the calendar year ended December 31, 2023. Puget expects to fund the acquisition through a second stage private placement. D & D's total revenues for the calendar years ended December 31, 2020 was $3.6 million, with profits of $0.25 million. The parties intend to enter into a binding agreement following due diligence, legal consultations, and regulatory approvals with a potential closing by the end of the 2021 calendar year. お知らせ • May 01
Puget Technologies, Inc. to Introduce Proprietary Software That Utilizes Artificial Intelligence to Optimize Distribution and Transportation Systems Puget Technologies, Inc. announced that the company’s Chief Technologies Officer (CTO), Victor Germán Quintero Toro has contributed proprietary software to Puget, subject to retained royalty rights, designed to improve the functioning of logistics in transportation and distribution systems. The methodology involved is believed to be unique and subject to protection as trade secrets, however, Puget may elect to reinforce such protection through patents in the near future. The software has already been beta tested in the public transportation system of the City of Manizales in the Republic of Colombia, where it achieved a 30% reduction in hydrocarbon emissions as a result of better route management. The beta test results were presented at the Congreso Latino-Iberoamericano de Investigacion de Operaciones (CLAIO), and a summary was published in the publication Annals of Operations Research and in the Journal of Heuristics. Puget intends to commercialize this technology through licensing agreements, leveraging Puerto Rico as a springboard for rollout to Latin America and other parts of the world. The transportation and distribution problems on the Island, aggravated by unfortunate recent weather disasters, provide an opportunity for the technology to make a significant positive impact there. In addition, because of the substantial incentives provided by the Puerto Rico Incentives Code (Law No. 60 of July 1, 2019), Puget believes that the Commonwealth of Puerto Rico would be an ideal site as a worldwide research and development center, which will enable Puget to have a local presence as the team works directly with local business and government leaders to improve the Island’s infrastructure. お知らせ • Jan 29
Puget Technologies, Inc. announced delayed annual 10-K filing On 01/28/2021, Puget Technologies, Inc. announced that they will be unable to file their next 10-K by the deadline required by the SEC.