Puget Technologies, Inc (OTCMKTS:PUGE) Files An 8-K Other Events
ITEM 8.01 OTHER EVENTS

The Company has reached a settlement with ADAR BAYS LLC regarding the Convertible Redeemable Promissory Note and the Securities Purchase Agreement as shown on the attachments hereto.

ITEM 9.01.     FINANCIAL STATEMENTS AND EXHIBITS

10.1

Confidential Settlement Agreement and Mutual Release between ADAR BAYS, PUGET TECHNOLOGIES, INC. (“PUGET”), HERMANN C. BURCKHARDT, and THOMAS A. JASPERS.

99.1

Retraction Letter to ADAR BAYS, LLC

About Puget Technologies, Inc (OTCMKTS:PUGE)

Puget Technologies Inc. is a development-stage company. The Company is engaged in developing and selling consumer oriented products. The Company also holds interests in a travel technology company. The Company’s assets include a travel software platform and related hardware. The Company’s subsidiaries include Weistek USA and Puget Travel Subsidiary Corporation.

Puget Technologies, Inc (OTCMKTS:PUGE) Recent Trading Information

Puget Technologies, Inc (OTCMKTS:PUGE) closed its last trading session down -0.00100 at 0.00200 with 70,000 shares trading hands.