Puget Technologies Inc (PUGE)

[wonderstocks]

THIS WILL BE A HUGE SPAC.IMO.

BUSINESS PLAN
https://www.sec.gov/ix?doc=/Archives/edgar/data/1540615/000157570522000242/puge_8k.htm
Mr. Cohen has been directed to prioritize raising the funds required to bring the Registrant current in its reports under the Exchange Act and to discharge existing debt, to evaluate the propriety of legal actions against former officers, and, to implement the business plan disclosed in the Registrant’s annual report on Form10-K for the year ended October 31, 2020.
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WHAT DOES 10-K 2020 SAY?
https://www.sec.gov/Archives/edgar/data/0001540615/000157570521000037/puge_10k.htm
Special Purpose Acquisition Companies (“SPAC”)
Subsequent to organization of a business development company subsidiary, assuming success in doing so, the Registrant plans to organize a sequential series special purpose acquisition companies which its current management and Qest believe will complement the other three proposed segments of its proposed business plans providing an additional, more independent option for more seasoned companies that desire to attain publicly traded status. As in the foregoing case, the Registrant would either distribute securities it retains in SPACs it organizes to its shareholders in the form of stock dividends, or distribute them to its business development company subsidiary avoiding direct regulation as an investment company.
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