Replies to post #13640 on Puget Technologies Inc (PUGE)

[stervc]

Actually, PUGE eliminated $2,841,279 worth of Total Debt...

Per their 8-K, actually, PUGE eliminated $2,841,279 worth of debt to bring an an acquisition:

https://img1.wsimg.com/blobby/go/281f4711-5c91-416b-8de4-71c7217aac18/downloads/005%2010%202%20Burckhardt%2C%20Jaspers%20and%20Alpere%20debt%20c.pdf?ver=1603750149708

v/r
Sterling

[WorkinGreen]

Excellent post Sterv

Can a Mod stocky this before the AM? TY

$PUGE

[knrorrel]

WOW THANKS THAT'S AWESOME $ PENNYRUNNER

imho

[cjstocksup]

Excellent post Sterling. PUGE could be the next trip to penny runner!

PUGE $2.24 Million Debt Elimination to do Acquisitions...

This CONDITIONAL DEBT CONVERSION AGREEMENT filed with their 8-K filed with the SEC today is huge in my opinion because it indicates that Hermann Burckhardt, Thomas Jaspers, and Alpere, Inc. have all agreed to eliminate $2,241,279 worth of debt and unpaid salaries to permit it to acquire one or more promising operating companies by converting such debt to Preferred Shares.

In my opinion, this all means that they have an acquisition candidate already picked out.

It was also stated by the company that the Preferred Shares have a base value at .005 per share if they were to be converted into common shares, but clearly stated that they are not converted into common shares. See below from the the 8-K per what was within their CONDITIONAL DEBT CONVERSION AGREEMENT below:
Quote:

https://pugettechnologies.com/
https://www.otcmarkets.com/filing/html?id=14458758&guid=LA7eU6-asmIIe3h

https://img1.wsimg.com/blobby/go/281f4711-5c91-416b-8de4-71c7217aac18/downloads/005%2010%202%20Burckhardt%2C%20Jaspers%20and%20Alpere%20debt%20c.pdf?ver=1603750149708




v/r
Sterling

[~ Blue ~]

PUGE:"One and more promising operating companies"

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=159130147

[MIKEY501]

PUGE bids broke 500M!!

$PUGE

[doogdilinger]

stervc Member Level Monday, 10/26/20 08:19:22 PM
Re: JPS02 post# 13632 0.010
Post #
13640
of 14513
PUGE $2.24 Million Debt Elimination to do Acquisitions...

[NewTrader2017]

We need to move out of .0003/.0004/.0005, Need some solid and stable price movement.

[cjstocksup]

PUGE updated website almost go time!
https://pugettechnologies.com/

[JPS02]

10/20 8-K extract: B. Conditional Debt Conversion Agreement



Source - PUGE 10/20/2020 8-K filed on 10/26/20 - Item 1.01 Entry into a Material Definitive Agreement:

https://www.otcmarkets.com/filing/html?id=14458758&guid=w47eUeKdSJSrF3h

- I think this part of the 8-K which idicates that the reasonable current value of class B shares convertible into common stock are worth .005 is very insightful.

Go PUGE!

[Westcoastcloser]

Good Day Sterv. Some nice runs thus far on some tickers. I got into this one today. Do you see it running to pennies also? I have done some DD but nothing too deep. Thanks and understand its opinion only

[EarthLord2020]

Got to give credit to whom credit is due: 'STERVC'. Sterling posted this, and I decided to buy into PUGE big. Since then, I've been able to quit my job, pay cash for a new car, and now trade for a living. Thank you, Sterling. Still have 90 mil shares here; locked for when she uplists.