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Puget Technologies, Inc. (PUGE) announces that Dr. Worthe S. Holt Jr. will join its Board of Directors. Dr. Holt brings 40 years of healthcare experience, recently serving as CEO of Wellvana Health. His term begins after the current Limited Securities Offering concludes. Dr. Holt's expertise includes roles at Humana and various health systems, and he has a distinguished military background as a Major General. Puget's CEO, Karen Fordham, emphasizes that Dr. Holt’s leadership will enhance the company's strategy to improve healthcare delivery and patient outcomes.
Puget Technologies, Inc. (PUGE) has announced its 2021 Annual Stockholders’ Meeting scheduled for June 7, 2021, at 2 p.m. EDT, to be held at its Boca Raton headquarters. The meeting will allow for virtual attendance, and related materials will be accessible on its website starting May 12, 2021. Puget aims to evolve into an innovation-driven holding company focusing on strategic investments and acquisitions across various sectors, including healthcare and climate solutions, to foster growth and provide competitive returns to its investors.
Puget Technologies (OTC PINK: PUGE) announces new proprietary software aimed at revolutionizing logistics in transportation and distribution. Developed by CTO Victor Germán Quintero Toro, the software improves operations by integrating with existing systems, enhancing efficiency, and reducing costs without hefty capital investment.
The software has undergone successful beta testing in Colombia, achieving a 30% reduction in hydrocarbon emissions. Puget plans to commercialize this technology in Puerto Rico and beyond, targeting regional logistics challenges and capitalizing on local incentives.
Puget Technologies, Inc. (PUGE) announced the relocation of its annual meeting to Boca Raton, Florida, due to the resurgence of Covid-19 in Puerto Rico. The meeting will be accessible virtually, with a tentative date set for late May. Puget remains committed to Puerto Rico, highlighting opportunities under the Puerto Rico Incentives Code Act. To support its growth in Latin America, the company has engaged Careers, Inc. for local recruitment. CEO Hermann Burckhardt expressed optimism about expanding operations in Puerto Rico and plans to provide updates on app testing aimed at enhancing medical services.
Puget Technologies (PUGE) has appointed Víctor Germán Quintero Toro as its new Chief Technology Officer. Quintero is tasked with enhancing Puget’s online presence, overseeing technology-related acquisitions, and driving research and development initiatives. He will also focus on developing proprietary systems to improve medical services and scheduling. Additionally, Natalia Trujillo Orozco joins as a new member of the Board of Advisors, enhancing Puget's strategic capabilities. Both appointments are expected to strengthen Puget's technological foundation and operations, particularly in Puerto Rico.
Puget Technologies, Inc. (PUGE) has announced the appointment of Dr. Pranav Nawani to its Board of Advisors. Dr. Nawani brings extensive expertise in nanomaterials and polymer nanocomposites, developed through his career in academia and industry, including a PhD in Chemistry from Stony Brook University. His research is relevant across multiple fields including aerospace and biomedical devices. Notably, he has worked on developing biodegradable materials and has a strong publication record. This addition is expected to enhance Puget's capabilities in advancing their operations related to nanotechnology.
Puget Technologies, Inc. (PUGE) announced plans for its 2021 shareholders meeting, focusing on shareholder feedback regarding potential dilution from incentive stock option plans. To mitigate concerns, the board approved adding a buyback plan to the agenda, aimed at repurchasing company securities from non-affiliates when deemed undervalued. This strategy intends to support the incentive stock option plans without adversely impacting the trading markets. The management believes that the benefits of the options will outweigh any dilution effects.
Puget Technologies, Inc. (PUGE) has announced an upcoming public teleconference following the filing of a current report on Form 8-K, expected on March 8, 2021. The teleconference is scheduled for either Wednesday or Thursday of the following week. Specific details regarding the teleconference will be available on Puget’s website. The company emphasizes that forward-looking statements made in this release are based on current expectations and involve risks and uncertainties that could cause actual results to differ.
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