PureSafe Announces its First Mobile Unit Rental Agreement with Island Companies
PR Newswire - Thu Aug 06, 8:00AM CDT
PURESAFE WATER SYSTEMS, INC. (OTCBB: PSWS), a leading manufacturer of a unique patented mobile water purification and filtration system, is pleased to announce that we have entered into an agreement with Island Companies (www.islandcompanies.com) to rent one of our Water Purification Units (WPU).
PureSafe Executes Significant Financial Restructuring With Its Major Holder
PR Newswire - Tue Jul 14, 6:53AM CDT
PURESAFE WATER SYSTEMS, INC. (OTCBB: PSWS), a leading manufacturer of a unique patented mobile water filtration system, announced today that it has executed an exchange agreement with Tarpon Bay Partners LLC, its major shareholder, whereby all securities held by Tarpon, including its common stock position, have been retired in exchange for a newly issued $750,000 Note. PureSafe estimates that in excess of one billion in both shares issued and to be issued have been saved by virtue of the agreement.
PureSafe Announces Significant Debt Reduction Agreements
PR Newswire - Thu Feb 12, 6:42AM CST
PURESAFE WATER SYSTEMS, INC. (OTCBB: PSWS), a leading manufacturer of a unique patented mobile water filtration system, announced today that it had completed negotiations with current and former officers of the Company resulting in a significant reduction of the Company's Debt and contractual obligations. Under the agreements, the Company settled Debt and other obligations approximating $2,300,000 in exchange for the issuance of Preferred Stock to the three current and former officers, each of which in their particular settlement will receive shares of a new special series of Preferred Stock. The three new series of Preferred Stock issued to these current and former executives has a combined stated value of $635,000. The first Preferred series has a stated value of $110,000, is not convertible and provides for a monthly payout. The second series has a stated value of $200,000 and is convertible into common stock at a conversion price of $.002 per share. The stated value of the third series is $325,000, and this series is convertible at a conversion price of $.0005 per share of common stock.
PureSafe Announces Further Progress Towards Implementation Of Its Strategic Marketing And Operational Plan
PR Newswire - Tue Oct 28, 6:57AM CDT
During the last four months, PureSafe Water Systems, Inc. (OTCBB: PSWS) has participated in an aggressive marketing campaign to exhibit the PureSafe technology to potential customers. Members of our team have traveled to California with our mobile unit to demonstrate to potential users the machines ability and versatility. The PureSafe System can desalinate ocean water in drought stricken parts of the country and purify fresh water from rivers, reservoirs, or wells to meet EPA drinking water standards. PureSafe has exhibited at the West Virginia Division of Homeland Security, Individual State Emergency Management Conference, and the (NEMA) National Emergency Management Association Conference in Atlanta, Georgia.