Puradyn Filter Technologies (OTC BB (PFTI)

[flippa]

.10 coming soon!!!!!!

[flippa]

New contract with MNI announced today... MNI is a Commercial Marine Distributor for the South East.
Transparent company here under strong management team with bigger things coming IMHO.

[flippa]

Yes... I noticed that. I’m hoping they are snatching all the crumbs or cheapies before a good run. Hoping for .10 and above here soon.

[Stock__Hawk]

Big bidder shows up everyday at .028

[flippa]

At one time this stock traded on AMEX. Management has invested heavily in this company. To me it would be foolish to buy so many shares at market price without knowing these current prices must be cheapies. It would go against all common sense. $26,000.00 worth of shares recently bought at market price. Insiders already own more than half the float. They will be making continuous revenue on the filters that they provide for the product also. These guys have been working at this for years. They just had the first profitable 10Q. I think they have big things coming. Just my opinion.

[flippa]

Really thin here. Insiders own many many shares and keep buying more.

[Sam'd'Mil]

$PFTI inching higher... very nice~
Good potential here.

.05 x .06

[flippa]

Nice... Company sells oil filtration systems. Keeps oil clean and prevents oil change and filter charges. 1st profitable 10Q. They also sell the filters for the system they use. That should supply a nice stream of steady income soon. Product is selling world wide and carried by several major distributors. GLTA

[makinezmoney]

$PFTI: Nice solid bid building here.... $0.022

$0.0275 next... nothing past it.


Where is this going ?


Looks promising.


GO $PFTI

[flippa]

THings starting to warm up here. Good product and leadership. Company struggled when the oil prices dived. Headed towards consistent profits and steady cash flow IMHO...

[flippa]

Major Holders
Breakdown

47.27% % of Shares Held by All Insider
3.61% % of Shares Held by Institutions
6.84% % of Float Held by Institutions
5 Number of Institutions Holding Shares

[flippa]

INSIDERS own a lot of shares here. Float relatively small. Good product.... share structure
Has been close to the same for years. No flaky PR’s ... These types usually run hard. We shall see.

[flippa]

When this float begins to tighten it will run!!!! FLOAT has not changed! NO INSIDE SELLING as of yet! It may go lower, but its gonna run!!! WATCH!!!

[flippa]

Looking for 10 cents or more here!

[flippa]

Float is really thin here.

[flippa]

Stable company.... good share structure.

[flippa]

I'M BAAAACK!!! PFTI WHAT A ROLLER COASTER RIDE. I CAME BACK FOR MORE. THIS TIME LETS GO TO 20 CENTS CEO VITTORIA!!

[flippa]

CEO OF THIS STOCK WAS FORMER CEO OF AVIS..
JOSEPH VITTORIA MULTI-MILLIONAIRE WITH EXTENSIVE LIST OF HEAVY HITTER CONNECTIONS. HE OWNS 20 SOMETHING MILLION SHARES OF THIS STOCK. LOTS OF OPPORTUNITY HERE!!! GLTA

Puradyn Filter Technologies (OTCQB:PFTI) announces that CEO Joseph Vittoria has converted debt and accrued interest of $6.1M into 20.3333M shares of Puradyn's restricted common stock at a conversion price of $0.30 per share.
The company notes that the conversion price is roughly 10X Puradyn's recent closing price of $0.03 per share.
The conversion of debt to equity will be recorded as a reduction in long term debt and an increase in paid-in-capital in Puradyn's 2016 financial statements.
After the conversion, Vittoria will hold ~37.1% of Puradyn's outstanding shares.

[PStockPickz]

we owe this affiliate $7,768,349 in notes payable which mature on December 31, 2018

[flippa]

I CAME I SAW I CONQUERED! FLIPPITY FLIP FLIPPA HAS JUST FLIPPED ANOTHER ONE.
THANX FOR THE PAYOUT PFTI!!!

[savin4college]

Puradyn Filter Tech PFTI reported solid 2014 results this am - Revenues are up 23% to $3.1M and delivered an improved bottom line.
Puradyn makes filtration systems for industrial engines - they keep oil clean, replenish base additives and help to substantially reduce maintenance costs while also protecting high value engines and helping extend their useful life. Nabors Industries NBR is a major customer as is another unnamed drilling company, along with pipeline operators, maritime companies, and large mining equipment users.

Today's Release

[savin4college]

New Puradyn Oil Filtration Units Remove Water, Improving Gas Engine Performance

December 26, 2014 Article
High Horsepower Insight on Puradyn's New MTS & Polydry Solutions

more info at Puradyn's Website

[savin4college]

Great Overview of Puradyn's Oil Filtering Benefits:


Oil and Gas Product News - Sept. 2nd


Puradyn Filter Technologies PFTI
Puradyn.com

[savin4college]

I came across a write up on PFTI - FYI - seems compelling. Q2 results showed improvement too.

CGFocusList

[Magnum7419]

PFTI up 22% today........... and no one knows it but me... hehehe

[FUNMAN]

Puradyn Releases 2014 1st Quarter Unaudited Financial Results

May 14, 2014 04:14 PM Eastern Daylight Time

Net Sales increase 56% over same quarter last year

BOYNTON BEACH, Fla.--(BUSINESS WIRE)--Puradyn Filter Technologies Incorporated (OTCQB:PFTI), the global bypass oil filtration system manufacturer, today reported results of operations for the first fiscal quarter ended March 31, 2014.

“Management’s Discussion and Analysis of Financial Condition and Results of Operations”
Net sales for the first quarter ended March 31, 2014 were approximately $894,300 compared to approximately $574,500 for the same period in 2013, an increase of approximately $319,800 or 56%.

The Company reported a net loss of $218,086 or (0.00) per share, basic and diluted, for the quarter ended March 31, 2014 compared to a net loss of $416,685 or ($0.01) per share, basic and diluted, for the same period in 2013.

Operating losses decreased from $366,571 to $159,369 in the first quarter of 2014 as compared to the same time period in 2013, a decrease of $207,202 or 57%. Gross profit, as a percentage of sales, increased to 40% in the first quarter of 2014 from 30% in the first quarter of 2013. The increase in gross profit percentage for the period ending March 31, 2014, was primarily attributable to sales of higher margin products and better pricing on the purchase of cotton.

Kevin G. Kroger, President and COO, stated, “We are encouraged with our first quarter results. The increase of 56% in sales and an increase in order intake of 54% over the same period for last year provide an optimistic start for 2014."

The Company’s quarterly report on Form 10-Q is available from the SEC website at http://www.sec.gov or the Investor Relations sections of the Company’s website at http://www.puradyn.com.

About Puradyn Filter Technologies Incorporated

Puradyn (OTCQB: PFTI) designs, manufactures and markets the puraDYN® Oil Filtration System, the most effective bypass oil filtration product on the market today. It continuously cleans lubricating oil and maintains oil viscosity to safely and significantly extend oil change intervals and engine life. Effective for internal combustion engines, transmissions and hydraulic applications, the Company's patented and proprietary system is a cost-effective and energy-conscious solution to the use of depleting resources of oil. Puradyn equipment was selected as the manufacturer used by the US Department of Energy in a three-year evaluation to research and analyze the performance, benefits and cost analysis of bypass oil filtration technology.

Statements in this press release which are not historical data are forward-looking statements which involve known and unknown risks, uncertainties or other factors not under the company’s control, including but not limited to the possible inability to raise capital funds, lack of protection from intellectual property, vulnerability because of manufacturing a limited number of products, dependence on distributors, orders previously stated in this press release may not materialize, and the possibility that the products do not meet customers’ needs, which may cause actual results, performance or achievements of the company to be materially different from the results, performance or other expectations implied by these forward-looking statements. These factors include, but are not limited to, those detailed in the company’s periodic filings with the Securities and Exchange Commission.

[Magnum7419]

Let me be the first to respond to the April 9th news.... YEeehaaa
I look forward to more contracts once the world hears about this filtration system for vehicles.....

[hambone3]

After listening to chartpoppers interview, Im expecting some good reports from PFTI real soon

[Stock_Spike]

Updated and new interview is now available at: http://chartpoppers.com/ireports/chartpopperscom-announces-exclusive-interview-joseph-vittoria-chairmanceo-puradyn-filter-te

[dshade]

Watching for numbers

[futrcash]

Interesting- eom

[smallcapvoice]

Audio Interview with Puradyn Filter Technologies Incorporated (OTCBB: PFTI)

http://smallcapvoice.com/blog/10-8-10-audio-interview-with-puradyn-filter-technologies-incorporated-otcbb-pfti/

[futrcash]

Anyone still following this one?

Technology looks great-

futr

[di4]

Puradyn Releases 2009 1st Quarter Financial Results
May 15, 2009 4:48:00 PM


Email Story Discuss on ZenoBank

View Additional ProfilesBOYNTON BEACH, FL -- (MARKET WIRE) -- 05/15/09 -- Puradyn Filter Technologies Incorporated (OTCBB: PFTI), the global bypass oil filtration system manufacturer, today reported results of operations for the first fiscal quarter ended March 31, 2009.

Net sales for the first quarter ended March 31, 2009 were approximately $299,000 compared to approximately $763,000 for the same period in 2008, a decrease of approximately $464,000, or 61%.

The Company reported a net loss of approximately $682,000 or ($0.02) per share, basic and diluted, for the quarter ended March 31, 2009, compared to a net loss of approximately $470,000 or ($0.02) per share, basic and diluted, for the same period in 2008.

Operating losses increased by approximately $200,000 or 18%, in the first quarter of 2009 as compared to the same time period in 2008. Cost of products sold, as a percentage of sales, increased from approximately 82% in 2008 to approximately 121% in 2009. This increase is attributable to a significant decrease in sales and allocation of fixed and variable factory costs over fewer sales.

Kevin G. Kroger, President and COO, said, "Net sales for the first quarter were low but not unexpected, given our year end numbers. We rely on customer orders and a significant number of customers have been severely affected by the global economy. Notwithstanding, we are now into the second quarter 2009 with a respectable backlog of over $300,000, in large part due to a major oil drilling company retrofit program that we recently announced.

"As the economy is showing signs of stabilizing, we are speaking to customers who, previously having delayed ordering six to eight months ago, are beginning again to gear up for retrofit and new installation programs. While this requires an initial capital expenditure on their part to fit our product, the return on investment occurs rapidly. In addition, our relationship with John Deere continues to strengthen and we have effectively entered the market in Nigeria. During the course of the first three months of 2009, we have received additional orders from regional municipalities and the U.S. Military for foreign military sales."

Kroger concluded, "We have made every effort to contain costs and implemented every opportunity to identify, obtain and execute successful savings with regards to material, inventory, and personnel while maintaining a high standard of quality. There is a new standard that says environmental responsibility and cost containment are no long mutually exclusive. Despite revenue downturn, we remain committed to assisting companies interested in conserving oil and maintenance costs associated with oil changes."

The Company's quarterly report on Form 10-Q is available from the SEC website at http://www.sec.gov or the Investor Relations sections of the Company's website at http://www.puradyn.com/.

About Puradyn Filter Technologies Incorporated

Puradyn (OTCBB: PFTI) designs, manufactures and markets the puraDYN® Oil Filtration System, the most effective bypass oil filtration product on the market today. It continuously cleans lubricating oil and maintains oil viscosity to safely and significantly extend oil change intervals and engine life. Effective for internal combustion engines, transmissions and hydraulic applications, the Company's patented and proprietary system is a cost-effective and energy-conscious solution targeting an annual $15 billion potential industry. Puradyn equipment was selected as the manufacturer used by the US Department of Energy in a three-year evaluation to research and analyze the performance, benefits and cost analysis of bypass oil filtration technology.

STATEMENTS IN THIS PRESS RELEASE WHICH ARE NOT HISTORICAL DATA ARE FORWARD-LOOKING STATEMENTS WHICH INVOLVE KNOWN AND UNKNOWN RISKS, UNCERTAINTIES OR OTHER FACTORS NOT UNDER THE COMPANY'S CONTROL, INCLUDING BUT NOT LIMITED TO THE POSSIBLE INABILITY TO RAISE CAPITAL FUNDS, LACK OF PROTECTION FROM INTELLECTUAL PROPERTY, VULNERABILITY BECAUSE OF MANUFACTURING A LIMITED NUMBER OF PRODUCTS, DEPENDENCE ON DISTRIBUTORS, ORDERS PREVIOUSLY STATED IN THIS PRESS RELEASE MAY NOT MATERIALIZE, AND THE POSSIBILITY THAT THE PRODUCTS DO NOT MEET CUSTOMERS' NEEDS, WHICH MAY CAUSE ACTUAL RESULTS, PERFORMANCE OR ACHIEVEMENTS OF THE COMPANY TO BE MATERIALLY DIFFERENT FROM THE RESULTS, PERFORMANCE OR OTHER EXPECTATIONS IMPLIED BY THESE FORWARD-LOOKING STATEMENTS. THESE FACTORS INCLUDE, BUT ARE NOT LIMITED TO, THOSE DETAILED IN THE COMPANY'S PERIODIC FILINGS WITH THE SECURITIES AND EXCHANGE COMMISSION.


Puradyn Filter Technologies Incorporated
Condensed Consolidated Statements of Operations
For the Three Months Ended March 31, 2009 and 2008
(Unaudited)

Three Months Ended
March 31,
2009 2008
---------- ----------

Net sales $ 298,781 $ 763,425

Costs and expenses:
Cost of products sold 360,491 625,329
Salaries and wages 239,669 256,053
Selling and administrative 342,628 262,398
---------- ----------
942,788 1,143,780
---------- ----------
Loss from operations (644,007) (380,355)

Other income (expense):
Interest income 177 733
Interest expense (38,590) (90,853)
---------- ----------
Total other income (expense) (38,413) (90,120)
---------- ----------

Net loss before income tax expense (682,420) (470,475)
Income tax expense - -
---------- ----------
Net loss $ (682,420) $ (470,475)
========== ==========

Basic and diluted loss per common share $ (0.02) $ (0.02)
========== ==========

Weighted average common shares outstanding, basic
and diluted 37,246,932 30,052,600
========== ==========


See accompanying notes to consolidated financial statements included in
the Company’s 10-Q.

CONTACT:
Kathryn Morris
Director, Corporate Communications
(T) 561 547 9499, x 226
[e-mail]
http://www.puradyn.com

Emerging Markets, LLC
Investor Relations:
Jim Painter III
321-206-6682
[e-mail]
www.emergingmarketsllc.com
www.themicrocapreport.com

[di4]

Major Oil Drilling Service Company Takes Steps to Outfit Equipment With puraDYN(R) Systems
Worldwide Equipment Fleet of 2,700+ Targeted for Retrofit
May 5, 2009 5:30:00 AM


Email Story Discuss on ZenoBank

View Additional ProfilesBOYNTON BEACH, FL -- (MARKET WIRE) -- 05/05/09 -- Puradyn Filter Technologies Incorporated (OTCBB: PFTI) today announced the start of a program that will outfit puraDYN® bypass oil filtration systems on engines operating on a leading oil drilling service company's drilling platforms. The majority of the targeted equipment will require Puradyn's largest oil filtration system, the 240 model, suitable for major applications handling up to 75 gallons of engine oil. A good number of these engines hold more than 200 gallons of oil and will require three or more of the 240 model. Initial orders totaling over $200,000 have already been received and will begin shipping in mid-May 2009.

This new customer is one of the largest drilling contractors in the world, operating land drilling and offshore rigs in over 30 countries. The program will begin immediately and depending on logistics, will continue through 2009. Ultimately, this program represents over 2,700 pieces of equipment worldwide that are appropriate for installation.

Kevin G. Kroger, President and COO, Puradyn, said, "The amount of oil needed to operate and maintain equipment of this sort through normal maintenance can run into millions of dollars in new oil purchases and waste oil disposal costs. The commitment this company has made to change the normal routine will not only save millions of dollars, but will significantly reduce its carbon footprint. As a corporation, it has made a conscious decision to do its part to help reduce environmental waste."

Kroger continued, "In difficult economic times, maintaining status quo with maintenance programs is a formula for failure. It takes a proactive and forward thinking company to be willing to change old routines and step outside the box to look for ways to reduce operating expenses. Companies that implement a comprehensive maintenance policy will begin to gain significant advantages over the competition and at the same time provide benefits to the environment."

Kroger concluded, "The advantage the puraDYN oil filtration system brings to this customer is microfiltration technology. It is designed to keep engine oil continuously clean and will significantly reduce new oil purchases and the costs associated with used oil disposal. Virtually all of this company's engines are in remote locations which only amplify the difficulties and cost associated with reaching and servicing this equipment."

About Puradyn Filter Technologies Incorporated

Puradyn (OTCBB: PFTI) designs, manufactures and markets the puraDYN® Oil Filtration System, the most effective bypass oil filtration product on the market today. It continuously cleans lubricating oil and maintains oil viscosity to safely and significantly extend oil change intervals and engine life. Effective for internal combustion engines, transmissions and hydraulic applications, the Company's patented and proprietary system is a cost-effective and energy-conscious solution targeting an annual $15 billion potential industry. puraDYN® equipment was selected as the manufacturer used by the US Department of Energy in a three-year evaluation to research and analyze the performance, benefits and cost analysis of bypass oil filtration technology.

STATEMENTS IN THIS PRESS RELEASE WHICH ARE NOT HISTORICAL DATA ARE FORWARD-LOOKING STATEMENTS WHICH INVOLVE KNOWN AND UNKNOWN RISKS, UNCERTAINTIES OR OTHER FACTORS NOT UNDER THE COMPANY'S CONTROL, INCLUDING BUT NOT LIMITED TO THE POSSIBLE INABILITY TO RAISE CAPITAL FUNDS, LACK OF PROTECTION FROM INTELLECTUAL PROPERTY, VULNERABILITY BECAUSE OF MANUFACTURING A LIMITED NUMBER OF PRODUCTS, DEPENDENCE ON DISTRIBUTORS, ORDERS PREVIOUSLY STATED IN THIS PRESS RELEASE MAY NOT MATERIALIZE, AND THE POSSIBILITY THAT THE PRODUCTS DO NOT MEET CUSTOMERS' NEEDS, WHICH MAY CAUSE ACTUAL RESULTS, PERFORMANCE OR ACHIEVEMENTS OF THE COMPANY TO BE MATERIALLY DIFFERENT FROM THE RESULTS, PERFORMANCE OR OTHER EXPECTATIONS IMPLIED BY THESE FORWARD-LOOKING STATEMENTS. THESE FACTORS INCLUDE, BUT ARE NOT LIMITED TO, THOSE DETAILED IN THE COMPANY'S PERIODIC FILINGS WITH THE SECURITIES AND EXCHANGE COMMISSION.

CONTACT:
Kathryn Morris
Director, Corporate Communications
(T) 561 547 9499, x 226
[e-mail]
http://www.puradyn.com

Emerging Markets, LLC
Investor Relations:
Jim Painter III
321-206-6682
[e-mail]
www.emergingmarketsllc.com
www.themicrocapreport.com

[Scott08]

I know a lot of penny stock websites including Micro Cap Momentum have recommended this stock. According to them subscribers earned will earn a nice profit. Is there more gains in the near future from all this exposure?

[bing259]

agreed

[MasterSalix]

I agree - it seems that this might be the base for now - if we don't lose any ground through this storm, then it is a good sign.

[bing259]

i think we have a sable base if we didnt lose any ground this week

[bing259]

very strange no volume after a contract pr now we have 10x normal volume w/ no news. dont understand it but looks real good.

[MasterSalix]

Yes, today we are actually getting some real volume - maybe this will be the start of some interest. It is nice to see a closer spread, even if only part of the time...maybe we can establish a bottom.

[bing259]

starting to get very interesting here spread tightend with all the volume.

[bing259]

nice pr http://www.marketwatch.com/news/story/john-deere-puradyn-team-up/story.aspx?guid=%7B8FFEDF66%2D5FA5%2D4682%2D891E%2DDC1654979862%7D&newsid=936305540&&dist=bigchartssymb=PFTI&sid=101479
all these contracts we should see more upside

[bing259]

volume is picking up same with s.p. glta if anyone else is here

[bing259]

no problem the more the better

[MasterSalix]

bing - hope you don't mind me posting on your new board...

I do like the action from the insiders as of late - it is hard to gauge a bottom with this one though - and the spread is annoying at times...

Their product makes so much sense for the military - and I hope (as I really suspect they are) that they continue to exploit that avenue...

I have a pretty small position - but would like to see real signs of a bottom and/or more positive news from the company to add more – I am happy with what I am seeing thus far and the stock price doesn’t seem to reflect the improving conditions as of yet – so I think that means buying opportunity. I think this one could be a winner...

Thanks for the board...good luck to you!

[bing259]

it seems like there will be more army contracts coming up soon as per the pr, BOTTOM LINE IS THAT INSIDERS ARE BUYING FOR 1 REASON ONLY.

[bing259]

this co. is a steal at these prices and insiders know it.