News
PURE-LIGHT NEWS AND INFORMATION
- Stockholders representing 94% ownership participated in the meeting and voted.
- The previously approved move to move to Pure-Light Technologies Group has been mostly completed. Pure-Light Technologies, Inc. has become a wholly owned subsidiary of Pure-Light Technologies Group (Inc) a Wyoming corporation. All assets, stockholders, liabilities have been transferred from Pure-Light Technologies, Inc. to Pure-Light Technologies Group Inc. Stock certificates from PLT Inc will be replaced by PLTG stock certificates. Pure-Light Technologies Inc. will transition to become Pure-Light Technologies LLC.
- Very Exciting news about the Solar Boost product was shared. PLTG is in negotiations with several companies representing over 5 million solar panels to coat their panels. The potential income for PLTG is over $100 million.
- Also, negotiations to become an exclusive distributor and a manufacturer for the new revolutionary Sea Salt battery has made great progress.
- The $12 mil funding package has overcome some major hurdles and the first drawdown is expected to happen within the next few weeks.
- Board of Directors for Pure-Light Technologies Group was voted on and approved unanimously. Roger Young, Lloyed Rasmussen, Robert Kemper, and Dr. Don Schanze.
- The Board then held their meeting and voted: Roger Young (Chairman), Robert Kemper (Vice Chair), Lloyd Rasmussen, and Don Schanze. Louise Young was voted by the Board to be Board Secretary.
- The recording of the proceedings are below:
- You can access the recording by calling 302-202-1115...and entering pin # 58134415 . It should also be able to listen to the player below:
THE ANNUAL PURE-LIGHT TECHNOLOGIES STOCKHOLDER MEETING WILL BE HELD OCTOBER 19th AT 10AM (MT... 12 noon ET)
It will be broadcast via Telephone conference line. Call: 1-712-775-8972 Enter Pin#: 179396
Location for those who want to come will be at the PLT warehouse, 3938 E 240 N, Rigby, ID.
(we had to move the date because on Oct 10, Roger will be back East, talking to Solar Panel Installers and a CEO of an international Solar company representing megawatt solar installations about Solar Boost)
THE WEFUNDER FUND RAISING IS DOING WELL. ALMOST TO GOAL 1.
Important Notice: Stay Tuned... we are going to start another Wefunder campaign
Our last wefunder equity campaign was extremely successful and was oversubscribed. Now, with our 4th patent received we have completed all that we set out to accomplish using those funds. Therefore, at the request of our previous investors and customers, we are getting ready to do a larger campaign so more can participate at the ground level. More information will be updated soon...So stay tuned.
Previous investors, customers and associates will have first chance at this opportunity and have already received materials.
With patents in hand, Pure-Light Technologies has begun preparations for an active national marketing campaign beginning in June, which includes revamping websites, operations, etc. Two separate companies have been hired to perform the marketing which will include national radio and social media marketing.
- Over 90% of the stock was represented at the meeting.
- Both of the proposals below were voted on and approved unanimously by all stockholders present.
PROPOSED ITEM 1: It is proposed that Don Schanze be added to the Board of Directors of Pure-Light Technologies, Inc. PASSED UNANIMOUSLY
PROPOSED ITEM 2: Is a continuance of the Resolution of the Stockholders and Board of Directors that was made on June, 15, 2022;
WHEREAS, There is now only 1 potential investment group making an offer to Pure-Light Technologies, Inc. ;
WHEREAS, The terms are that a company has been formed, SOLIS TECHNOLOGIES LLC (a Wyoming company), and AETERNA INTERNATIONAL HOLDINGS LIMITED will make a convertible loan available to Solis Technologies LLC (of a minimum of $250,000---to a maximum of $12.5 million dollars drawdown not to exceed $2.5 million per month) at 7% interest, with payments to start 18 months from each drawdown of funds. Solis is not required to drawdown the full amount. At the end of three years from the initial drawdown, AIHL will have the option to take repayment of the loan in either cash or stock at an agreed upon valuation. Additionally, AIHL has procured 3-4 large international contracts worth tens of millions of dollars as part of this project and as part of the basis for the loan;
WHEREAS, As the essential part of this proposal, Solis Technologies LLC will pay off all of the indebtedness of Pure-Light Technologies, Inc, and Pure-Light Technologies, Inc. will become Solis Technologies LLC with all existing shareholders holding ownership in Solis Technologies LLC the same as in PLT. The Board of PLT will become the Board of Directors of Solis Technologies LLC with Roger Young becoming Managing Director of Solis Technologies LLC and all assets of PLT will be moved to Solis Technologies LLC. Pure-Light Technologies, Inc. will then be terminated. Also, there will be a change to the bylaws for Solis that will require a unanimous vote of the Board of Directors to be effective until the loan is either paid off or converted;
THEREFORE, It is proposed that the stockholders of Pure-Light Technologies, Inc. authorize the Board of Directors and the Executive Management of Pure-Light Technologies, Inc. to perform all work necessary to complete this proposed endeavor, abiding by all applicable legal laws and regulations, as quickly as possible, and to inform the stockholders of Pure-Light Technologies, Inc. when important events in this endeavor are completed. It is understood that this endeavor is expected to be completed on or before December 25, 2022. ---PASSED UNANIMOUSLY
7/15/2022 ANNUAL STOCKHOLDERS MEETING was held... minutes of the meeting are below:
MINUTES of the 2022 Pure-Light Technologies, Inc. Stockholders meeting
Friday July 15, 2022 1pm MST held at 3938 E 240 N. Rigby, ID 83442
Participation was by people present, people on zoom, and people on telephone conference call.
- Meeting was called to order by Chairman of the Board, Roger Young
- Roll Call of stockholders present. It was determined that over 90% of the stock was represented.
- Minutes from the 2021 stockholders meeting were approved by unanimous vote.
- 2022 Year End report was given.
- Financials were presented. (if a stockholder wants a copy of these financials, they need to contact Kendall at Pure-Light and request it.)
- Some sales statistics were given.
- Current Status report was given.
- Current financial status of Pure-Light was given.
- As part of the current status report, Mr. Young briefly outlined two potential investment groups interested in investing in Pure-Light. Both have indicated that they will have their final offers with cash in hand, detailed term sheets, etc within two weeks. It was discussed that the offers can be accepted either separately or both.
- When one of those proposals are finally presented to Pure-Light in full and in detail, PLT will have its Corporate Attorney and Chief Financial officer verify the information and review the offer and make a recommendation to the company concerning it.
- An emergency stockholders meeting will then be called for all of the stockholders to consider the offer or offers and take a vote on whether or not to accept the offer and proceed with it.
- A vote was taken to keep the Board of Directors as currently constituted, consisting of, Roger Young, Jean Kraus, Steve Cox, Jon Miller, Phil Ruggieri, Michael Albanese, and Robert Kemper.
- The vote was unanimous of all present.
- The Stockholders meeting was closed.
MINUTES of the Board of Directors meeting that followed directly after the stockholders meeting.
July 15, 2022 1pm MST held at 3938 E 240 N. Rigby, ID 83442
- Stockholders were invited to observe the Board Meeting.
- It was determined that all seven Board members were participating by either phone, zoom or in person to whit Roger Young, Jean Kraus, Steve Cox, Jon Miller, Phil Ruggieri, Michael Albanese, and Robert Kemper. Since the board did not change, the Chairman (Roger Young), Treasurer (Jon Miller), and Secretary (Jean Kraus) remained the same.
- It was explained that for over a year the Board of Pure-Light had been advised that they needed to do some accounting house cleaning. The situation being that several years ago, PLT was treated like a small mom and pop business, because frankly at that time, it was a mom and pop business. Over a year ago, Financial advisors indicated that it would take some serious financial investment with accounting professionals to fix the past mistakes. However, they suggested that it would be far easier and wiser just to setup a new company, move all assets, liabilities, stockholders, etc. to the new company and from day 1 make sure that the correct accounting procedures were followed. Recently, PLT has been re-advised that if they wanted to receive a large investment amount, or if they wanted to pursue Wefunder investments again... they needed to finally get this done.
- MOTIONS:
- It was MOTIONED by Roger Young and seconded by Bob Kemper that executive officers of Pure-Light move forward with setting up a new Wyoming company and move all Pure-Light Technologies, Inc. assets, liabilities, stockholders, patents, etc to the new company, working with legal and accounting staff to make sure it was done correctly and setup the accounting for this new company according to proper accounting practices as quickly as possible. That this company will be considered a holding company with several wholly owned subsidiaries underneath it. That all stockholder ownership percentages be maintained exactly the same, and that the Board of Directors of this new company be exactly the same as is currently in Pure-Light Technologies, Inc.
- Motion was PASSED by Unanimous vote.
- It was MOTIONED by Roger Young and seconded by Bob Kemper that Roger Young return as CEO of Pure-Light in order to make this transition easier.
- Motion was PASSED by Unanimous vote.
- It was MOTIONED by Roger Young and seconded by Bob Kemper that executive officers of Pure-Light move forward with setting up a new Wyoming company and move all Pure-Light Technologies, Inc. assets, liabilities, stockholders, patents, etc to the new company, working with legal and accounting staff to make sure it was done correctly and setup the accounting for this new company according to proper accounting practices as quickly as possible. That this company will be considered a holding company with several wholly owned subsidiaries underneath it. That all stockholder ownership percentages be maintained exactly the same, and that the Board of Directors of this new company be exactly the same as is currently in Pure-Light Technologies, Inc.
- There was no additional business for the Board, and the meeting was closed.
6/01/2021
For those who invested in Pure-Light® Technologies, Inc. via Wefunder.. Except for a few investors, almost all of those who participated in the 2020 Pure-Light Crowdfunding (CF) effort, invested using a S.A.F.E. (Simple Agreement for Future Equity) investment option. Which means that the stock for them is held by Wefunder until a large Accredited Investor invests at a later date. The price of the stock is then set, the SAFE is closed, and the stock is issued.
Click here for a more detailed explanation: https://www.pure-light.com/Article?p_article=10
5/23/2021
PLT held their annual stockholders meeting on Friday, May 21, 2021. 97% of the stockholders were either present or particpated via Zoom or conference call.
Click Here to Watch Video
Highlights follow:
- Phil Ruggieri was introduced as the new CEO
- Joe Kerry was introduced as the new CMO
- Bob Kerry was introduced as the new Director of the PLT Commercial Division.
- Carol McCarthy was introduced as the new Director of Operations for the Commercial Division
- Nelson Bruce was introduced as the new Director of Training for the Commercial Division.
- PLT experienced outstanding growth, almost tripling their sales in 2020 from 2019
- PLT also completed a very successful Crowdfunding effort to raise $250,000. They actually raised almost $300,000 and there is a waiting and growing list of people wanting to invest in the company. PLT is considering whether or not they will offer a Regulation D offering in the near future.
- PLT now has over $100,000 cash in the bank, $1.5 million worth of inventory, and they have finished work on their semi-automated system where they can process up to 1.5 million bulbs a month with a crew of 10.
- PLT announced several large projects/potential sales that are in the process of being negotiated worth several millions, perhaps tens of millions of dollars.
- A New Board of Directors was chosen by unanimous vote. A subsequent Board of Directors meeting was held as well. Board Members are: Roger Young-Chairman, Jonathan Miller-Treasurer, Jean Krause-Secretary, Phil Ruggieri, Bob Kemper, Michael Albanese, and Steven Cox.
1/5/2021
CRITICALLY IMPORTANT UPDATE:
Our Early Bird Crowdfunding Campaign is over as we have reached our goal of $250,000. We have asked Wefunder to close the campaign, and we are waiting for them do so. Again, we are in heavy negotiations with several large investors for several millions of dollar in funding and further Crowdfunding investments are not needed at this time. We expect these negotiations to be completed by the end of January.
UNDERSTAND, THERE IS A GOOD CHANCE THAT INVESTMENTS AFTER THE $250,000 WILL NOT BE ACCEPTED AND WILL BE RETURNED. However, there might be some investors who are not able to get their funds into Escrow, or, who will reconsider and withdraw their investments, therefore allowing someone to take their place.
We understand the process to be as following:
1. The campaign will close and the current investors who have monies in Escrow will be asked one last time to commit their funds to Pure-Light.
2. If there are some investors who withdraw or some who have not finished sending in their funding commitments into Escrow, then other investors will be able to take their places. (Earlier investors have priority over later investors.).
3. The finalized investment funds will be transferred to Pure-Light. (We understand that the above process normally takes 10-15 days.)
4. At that time Pure-Light will begin sending out Welcome letters to the finalized investors, and also the Early bird gifts (light bulbs, etc.) as outlined in the Early Bird investment Program.
5. Pure-Light will also begin sending out stock certificates, and information concerning the 2021 Annual Stockholders meeting, that usually is held in May. Stockholders will be able to attend physically or via Zoom.
Thank you for your support. We plan to make you extremely happy that you have trusted us and invested in Pure-Light Technologies, Inc.
Sincerely,
Roger K. Young, CEO/President Pure-Light Technologies, Inc.
12/15/2020
IMPORTANT NOTICE/UPDATE
If you are thinking about investing in Pure-Light Technologies, Inc. YOU NEED TO HURRY, especially to receive any tax breaks as an IRA investment for the year 2020.
ALSO, Pure-Light is announcing that their successful Earlybird Crowdfunding Investment and possibly all Crowdfunding investment campaigns are expected to the week of January 1, 2021.
At the current rate of small investment, Pure-Light will have raised their initial Early bird investment amount by the first week in January. Additionally, it should be understood that Pure-Light is in current serious negotiations with 4 large investors/investment groups interested in investing in Pure-Light Technologies with Reg (D) multi-million investment funding. It is expected that Pure-Light Technologies, Inc. will finalize negotiations sometime in January with one or more of these investors/investment groups, and therefore any additional Crowdfunding Reg (CF) past the Early Bird investment group will not be needed. Thank You for your support.
10/19/2020
PURE-LIGHT TECHNOLOGIES APPROVED FOR CROWDFUNDING TO RAISE MANUFACTURING EXPANSION MONIES
9/3/2020
PATENT APPLICATIONS
--NEXT GENERATION OF LED LIGHT BULB INVENTED AND NOW PATENT PENDING
--NEW ANTI-SMOG ELECTRIC MUFFLER INVENTED AND NOW PATENT PENDING
PURE-LIGHT® TECHNOLOGIES, INC. WITH HEADQUARTERS IN RIGBY, IDAHO ANNOUNCES THAT THEY NOW HAVE 2 NEW PATENT PENDING PRODUCTS...A NEW TYPE (NEXT GENERATION) OF LED LIGHT BULB AND AN ANTI-SMOG ELECTRIC MUFFLER.
Five year old company Pure-Light® Technologies, Inc. based in Rigby, Idaho, (the little town where television was invented) has just filed for multiple patents on two new products and formulas based on their new Revolutionary Super-Oxygen® Technology. The first patent pending product is A NEW TYPE OF LED LIGHT BULB that makes all other light bulbs obsolete. It can replace all of the existing light bulbs in a house or business and not only shines, but performs 7 other functions: it cleans and purifies the environment of pollution, of bad bacteria and viruses, of odors, of chemicals and pesticides and also gets rid of mold. It does all of that and at the same leaves the air fresh and clean smelling, is safe for humans and animals to be around, and actually helps plants grow faster and better. This light bulb is already being tested and used in over 7000 buildings including homes, businesses, schools, assisted living facilities, government buildings, and medical buildings with amazing results. The company expects this new type of LED light bulb will take over 10%-30% or more of the $110 billion lighting market within the next few years.
The second product that is now patent pending is an ANTI-SMOG ELECTRIC MUFFLER. This new type of muffler can replace the muffler on your car and is expected to help reduce smog and car or truck emissions by up to 80%. It is expected to retail for around $350-$450 initially. The company believes this muffler has a good chance to generate sales of several billion over the next several years.
The new type of Super-Oxygen light bulbs are now in limited production and the Electric Anti-Smog Muffler is expected to be ready for production possibly as early as late 2021. Additionally, Pure-Light® Technologies, Inc. is expecting to file up to 20 new patents on new products over the next year based on their new Super-Oxygen® Technology.
7/14/2020
PATENT APPLICATIONS
Many of our new improved formulas are ready and we are preparing to begin the patent process which will start with filing 3-4 Patent Pending applications within the next 30 days. (The first of many.) They will be followed up by full patent applications later this year. Potential markets for these patents are in the $100's of billions.
CROWDFUNDING CAMPAIGN.
We are pretty close to being ready for our Crowdfunding effort to raise $1 million in capital for production expansion. This allows many smaller investors the opportunity of purchasing Pure-Light stock with a minimum of $100.
Goal is to start the campaign by August 1, 2020.
Pure-Light chosen for $25 million Commercial Project.
We have been notified that Pure-Light Technologies has been chosen to supply up to $25 million dollars worth of our Super-Oxygen bulbs for a company in Florida that manufactures "Tiny" homes. (They convert 40 ft containers into small homes) This company has just been approved to participate in a VA program to provide 250,000 of these tiny houses for Veterans across the US. The company has made the decision to have Pure-Light supply 5-6 lights (Approx $100 worth) per tiny house. It is a five year contract with approximately 600 houses built per month, though this could change. The contract should begin within the next several months.
NEW MARKETING GROUPS
We have a new commercial marketing partner: Jason Cox/Pacific West Commercial Real Estate that does large commercial properties throughout the US, with focus in Arizona, Southern California, and the West Coast. They are also heavily involved with one of the largest commercial lighting companies in Arizona.They want to market our light bulbs and become partners with Pure-Light Technologies, Inc.
We have started working with another new Commercial marketing group out of Florida working through Peter Mingils. They just signed commercial agreements, etc. and will begin their marketing effort with 10 agents within the next two weeks. (We did training for their people last week.)
Additionally, we have signed a Commercial Marketing agreement with a large national company with headquarters in Louisville, KY, LSS Life Safety Services. They approached PLT to market our light bulbs, coatings, and other products throughout their organization and extensive contacts. (they have existing contracts with hospitals and many commercial and government buildings to supply sanitation systems, etc.) They will begin marketing starting in August.
3/14/2020
NEW ---"GET FREE PURE-LIGHT PRODUCTS" Referral Promotion announced.
---We would rather give our customers our advertising $$ to help promote our product, than the advertisers!
- Refer someone New to Pure-Light and receive 15% in store credit (called Bonus Points) that can be used to get FREE Pure-Light products, including FREE shipping.
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You can spend the Bonus Points on products after 30 days of earning them, this is because of our 30 day Satisfaction Guaranteed or your Money Back policy.
- You can see your Referral Bonus points you have earned in your backoffice, and you can use them when you make an order after 30 days.
- Program will give credit to all purchases starting March 1, 2020. Promotion is scheduled to end August 1, 2020.
- If you did not put the correct person in as your referring person, you can login to your back office and change it.
3/12/2020
New Introduction Flyer concerning Coronavirus is available. . ....CLICK HERE TO DOWNLOAD FLYER IN PDF....
3/1/2020
Prices on bulbs will be going up on Friday, March 6 because of the Coronavirus causing major problems in availability of quality LED bulbs.
Merry Christmas to all. We here at Pure-Light hope you have a happy and safe holiday.
Pure-Light Offices will be closed Christmas Day and December 26th.
7/10/2018
Our newest lab report is in on the effectiveness of Pure-Light formula on glass slides with a bacteria reduction rate of 97-99.9% within 24 hours on Salmonella and MRSA.
Click here to view the report.
NEW "How to Apply the Kitchen Nano Coating" video: https://youtu.be/8e1sXjXmsWE
Listen to 1 more radio ad!
CLICK HERE TO LISTEN TO #4 1 MINUTE AD
Candelabra bulbs are in and ready to ship. (small base, 60 watt equivilant, uses only 4 watts).
CLICK HERE TO LISTEN TO #2 1 MINUTE AD
CLICK HERE TO LISTEN TO #3 1 MINUTE AD
New printable of the MRSA Lab Test.
CLICK HERE TO DOWNLOAD REPORT pdf format
LISTEN TO OUR FIRST RADIO AD!!
CLICK HERE TO LISTEN TO THE 1 MINUTE AD
15. WHY DO PLANTS GROW SO WELL WITH PURE-LIGHT TECHNOLOGY?
PURE-LIGHT CAN HELP SOLVE HUGE SAFETY PROBLEMS FOR TENS OF MILLIONS OF MEN AND WOMEN AROUND THE WORLD!!
Cleaning products used primarily in the kitchen and bathroom by mostly women are as bad for lungs as smoking 1 pack of cigarettes a day-- 20 year study reveals. (article published in the American Thoracic Society's American Journal of Respiratory and Critical Care Medicine) click here for research article
SOLUTION...PURE-LIGHT TO THE RESCUE: The use of the Pure-Light Super-Oxygen Bulbs and Super-Oxygen Kitchen and Bathroom coating formulations (new products coming in march) eliminate the need of caustic and dangerous chemicals often used in cleaning to prevent/clean mold and fungus and harsh chemicals for general cleaning. With the Pure-Light Kitchen and Bathroom coatings, treated surfaces are much easier to clean and can be cleaned easily with plain water. Additionally, the Super-Oxygen action from the coatings and Pure-Light bulbs strongly discourage microbial and fungal growth, providing a Cleaner, Fresher, Safer environment while also helping eliminate the need for chemical deodorizers and air fresheners. (eliminating the need for more chemicals).
New Pure-Light support phone number - 208-252-5996.
1/19/2018
Dimmable bulbs are now available for orders.