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PURADYN FILTER TECHNOLOGIES INC (PFTI) Create: Alert

All | News | Filings
Date FiledTypeDescription
08/03/2020 8-K Quarterly results
05/12/2020 8-K Quarterly results
03/12/2020 8-K Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligation or an Obligation under an Off-Balance S...
Docs: "Form of Revolving Credit Agreement by and between Puradyn Filter Technologies Incorporated and Christian Meissner",
"Form of 5% Senior Secured Revolving Note",
"Form of Security Agreement by and between Puradyn Filter Technologies Incorporated and Christian Meissner",
"Form of Subordination Agreement by and between Puradyn Filter Technologies Incorporated and Joseph V. Vittoria"
05/15/2019 8-K Regulation FD Disclosure, Financial Statements and Exhibits
Docs: "Puradyn Releases 2019 1st Quarter Unaudited Financial Results Boynton Beach, FL - May 15, 2019 - Puradyn Filter Technologies Incorporated , a global manufacturer of oil bypass filtration systems, today reported unaudited results of operations for the first fiscal quarter ended March 31, 2019. Net sales for the three months ended March 31, 2019 were $482,993 compared to $885,740 for the same period in 2018, a decrease of 45%, which is principally attributed to a few customers delaying orders due to the rapid decline of market certainty and the volatility of oil prices, especially in the oil and gas segment that began in November 2018 and continued through the first quarter. Gross profit, as a percentage of sales, decreased by 60% in the three months ended March 2019 from the same period in ..."
03/26/2019 8-K Regulation FD Disclosure, Financial Statements and Exhibits
Docs: "Puradyn Filter Technologies Announces 2018 Year End Audited Financial Results BOYNTON BEACH, Fla., March 26, 2019 -- Puradyn Filter Technologies Incorporated , a global manufacturer of oil bypass filtration systems, today reported its results of operations for 2018. Net sales for the year ended December 31, 2018 were $4,203,556 compared to $2,250,141 for the same period in 2017, an increase of 87%. Gross profit, as a percentage of sales, increased to 41% in 2018 versus 22% in 2017. Income from operations for the year ended December 31, 2018 was $111,070 as compared to a loss of $ in 2017. The Company reported a net loss of $ or $ per share for 2018 compared to a net loss of $ or $ per share for 2017. Key business highlights from 2018 include:"
08/29/2018 8-K Regulation FD Disclosure, Financial Statements and Exhibits
Docs: "Puradyn To Build On Strong First Half Results By Expanding Relationship With MNI To Increase Adoption In Commercial Marine Category"
05/21/2018 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements...
Docs: "Letter agreement by and between Puradyn Filter Technologies Incorporated and Edward S. Vittoria.* ¥",
"Puradyn Appoints Edward Vittoria as New CEO Boynton Beach, FL - May 21, 2018 - Puradyn Filter Technologies Incorporated announced today that its Board of Directors has appointed Ed Vittoria as Chief Executive Officer. Mr. Vittoria succeeds Joseph V. Vittoria who has been Chairman of the Board and CEO since 2006. Mr. Joseph Vittoria has been appointed Executive Chairman of the Board of Directors. Mr. Ed Vittoria was also appointed as a member of our Board of Directors to fill an existing vacancy. “I am very pleased that Ed has accepted the CEO role. He has been advising Puradyn for the past six months, and his fresh perspective on marketing, strategy and new business development has been well received by the whole Puradyn team as well as our key customers,” said Joseph Vittoria. “We just re..."
04/16/2018 8-K Quarterly results
06/02/2017 8-K Quarterly results
12/20/2016 8-K Form 8-K - Current report
11/29/2016 8-K Form 8-K - Current report
11/14/2016 8-K Form 8-K - Current report
08/11/2016 8-K Quarterly results
Docs: "Puradyn Releases 2016 2nd Quarter Unaudited Financial Results"
05/04/2016 8-K Regulation FD Disclosure, Financial Statements and Exhibits
Docs: "Global Oil & Gas Contractor Begins Use of Puradyn Filtration Systems That Extended Engine Oil Changes from 500 to over 2,000 Hours - Incorporating puraDYN Reflects Commitment to Sustainability and Environmental Goals - Boynton Beach, FL - May 4, 2016 -Puradyn Filter Technologies Incorporated announced today that it has recently shipped orders to the Middle East totaling approximately $300,000 of puraDYN® bypass oil filtration systems to a global oil and gas industry contractor based in the European Union. This is an additional order placed by this customer as part of ongoing worldwide implementation of the puraDYN System. The decision to incorporate Puradyn followed a rigorous qualification process that included extensive testing over the past two years on drill rig engines used in land-ba..."
08/14/2013 8-K Quarterly results
Docs: "PURADYN RELEASES 2013 2 ND QUARTER UNAUDITED FINANCIAL RESULTS"
08/09/2013 8-K Regulation FD Disclosure, Financial Statements and Exhibits
Docs: "Press release"
08/23/2012 8-K Quarterly results
Docs: "Puradyn Releases 2012 2nd Quarter Unaudited Financial Results Boynton Beach, FL - August 14, 2012 - Puradyn Filter Technologies Incorporated , the global bypass oil filtration system manufacturer, today reported unaudited results of operations for the second fiscal quarter ended June 30, 2012. Net sales for the three months ended June 30, 2012 were $804,099 compared to $499,423 for the same period in 2011, an increase of 61%. Net sales for the six month period ending June 30, 2012 were approximately $1.56 million compared to approximately $1.38 million for the same time period in 2011, an increase of 12.5%. The Company reported a net loss of $273,119 or per share, basic and diluted, for the three months ended June 30, 2012, compared to a net loss of $451,529 or per share, basic and diluted..."
05/16/2012 8-K Quarterly results
Docs: "Puradyn Releases 2012 1st Quarter Financial Results Boynton Beach, FL - May 16, 2012 - Puradyn Filter Technologies Incorporated , the global bypass oil filtration system manufacturer, today reported results of operations for the first fiscal quarter ended March 31, 2012. Net sales for the first quarter ended March 31, 2012 were approximately $751,500 compared to approximately $883,000 for the same period in 2011, a decrease of approximately $132,000 or 15%. The Company reported a net loss of $231,979 or per share, basic and diluted, for the quarter ended March 31, 2012 compared to a net loss of $326,437 or per share, basic and diluted, for the same period in 2011. This amount includes income from realized gains on foreign currency from former operations in the United Kingdom. Operating los..."
04/05/2012 8-K Form 8-K - Current report
11/28/2011 8-K Form 8-K - Current report
11/14/2011 8-K Quarterly results
Docs: "Puradyn Announces 3rd Quarter Financial Results Boynton Beach, FL - [November 14, 2011] - Puradyn Filter Technologies Incorporated , the global bypass oil filtration system manufacturer, today reported results of operations for the third fiscal quarter ended September 30, 2011. Net sales for the three months ending September 30, 2011 decreased approximately $552,000, or 49.9%, from approximately $1.11 million to approximately $555,000 for the three months ending September 30, 2010. Net sales year-to-date for the nine-month period decreased by approximately 23.8% or $605,000; from approximately $2.54 million in 2010 to approximately $1.94 million in 2011. Gross profit, as a percentage of sales, decreased from 37.1% in the three months ending September 30, 2010 to 11.9% in the three months e..."
08/16/2011 8-K Form 8-K - Current report
05/18/2011 8-K Form 8-K - Current report
04/07/2011 8-K Form 8-K - Current report
11/17/2010 8-K Form 8-K - Current report
11/08/2010 8-K Regulation FD Disclosure
Docs: "Komatsu Equipment Co. Joins Puradyn Distributor Network"
09/17/2010 8-K Form 8-K - Current report
08/16/2010 8-K Quarterly results
Docs: "Puradyn Releases 2010 2nd Quarter Financial Results"
08/05/2010 8-K Entry into a Material Definitive Agreement, Financial Statements and Exhibits
Docs: "2010 Stock Option Plan"
05/25/2010 8-K Form 8-K - Current report
04/20/2010 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements...
04/16/2010 8-K Quarterly results
Docs: "Puradyn Reports 2009 Year End Financial Results - Continuing Progress Seen for 2010 - Boynton Beach, FL - [April 16, 2010] - Puradyn Filter Technologies Incorporated today announced financial results for the year ended December 31, 2009. Net sales decreased by approximately 29%, for 2009 from 2008. Domestic sales generated from the U.S. operations increased approximately $231,000, or approximately 19%, in 2009 as compared to 2008, while the US international sales decreased approximately $365,000, or approximately 48%, in 2009 as compared to 2008. This decrease is due almost entirely from the decline in sales from a single customer, which has been significantly affected by the global economy. Their requirement for our product still exists due to the type of fuels used, which affect the oil ..."
03/25/2010 8-K Form 8-K - Current report
11/13/2009 8-K Form 8-K - Current report
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