Corporate Snapshot PDF

OTCMarkets
P R P I
STOCK OVERVIEW (as at Mar 11, 2015)
Stock Symbol
CORPORATE INFORMATION
OTCMarkets: PRPI
Shareholders of Record
179
Float
19,445,000
Restricted Shares
14,821,000
Shares Issued & Outstanding
34,266,000
PROFESSIONAL ADVISORS
Market Maker
Spartan Securities Group, Ltd.
Transfer Agent
Island Stock Transfer
Legal
Austin Legal Group, APC
Auditors
Warren Averett, LLC
Fully Reporting Current Filer on EDGAR & SEDAR
Phone
403-214-4321
Email
[email protected]
Corporate Site
perpetualindustries.com
Technical Site
xyobalancer.com
Automotive Site
xyoracing.com
Address
5 - 8720 Macleod Trail South, #110
Calgary, AB, Canada T2H 0M4
Contact
Brent W. Bedford, President & CEO
Neil Mulji, Chief Operating Officer
COMPANY OVERVIEW
PERPETUAL INDUSTRIES INC. is a small company with big potential. We design things better. It takes guts, but if it's
possible to make more energy efficient products then why not do it!
Our secret weapon is a mechanical patented balancing device called XYO. The expertise associated with the XYO
technology is a result of over 20 years of R&D. The current focus for Perpetual Industries is to re-design certain
mechanical products, implementing the XYO technology as the core ingredient. This will allow XYO to reach its full
potential, which in turn helps to provide better and more ENERGY EFFICIENT PRODUCTS.
PERPETUAL INDUSTRIES INC.
Household
Washing
Machines
Power Tools
Lawn &
Garden
Pumps &
Compressors
Automotive
Marine
Trucking
Aviation
Natural
Resources
Power
Generation
Water
XYO Racing
Personal
Watercraft
Wheels
Aerospace
Oil & Gas
Electric
Motors
Refrigeration
Motorcycles
Commercial
Clutch Fans
Aircraft
Mining
Alternative
Energy
Driveshafts
Agriculture
PATENTED XYO MECHANICAL BALANCER
WE BUILD BETTER PRODUCTS
Everything that rotates needs to be balanced and
the XYO technology is the best solution. XYO
harnesses rotor displacement energy to move
compensating masses within components of the
system, which corrects for the imbalance of the
rotor and reduces vibration.
The XYO technology can be applied to and
customized for virtually everything that rotates.
Reduction in Vibration due to the
implementation of the XYO Technology
Market Potential
Automotive
Internal Combustion Engines, Wheels, Cooling & Heating
White Goods
Washing Machines, Vacuums, Blenders & Processors
HVAC
Fans, Blowers, Air Conditioning
Centrifuge
Washing Machines
89%
Electric Trolling Motors
41%
Boat Propellers
47%
Medical, Mining, Industrial Processing
Professional Angle Grinders
63%
Electronic
Optical Disk Drives, Laser Scanners,
Multi Use Servo
Refrigeration Compressors
85%
Recreational
Vehicles
Industrial Fans
83%
Motorcycles, Watercraft, Snowmobiles
Engine Fans
80%
Aircraft
Turbines, Propellers, Helicopters
Automotive Driveshafts
91%
Utility
Generators, Power Hand Tools,
Mowers & Weed Trimmers
Optical Disk Drives
93%
THE LOW HANGING FRUIT
CURRENT STATUS ON THE ROAD TO COMMERCIALIZATION
All new technology goes through various stages from Idea to Commercialization. Current
status of the XYO Technology by industry-specific applications is shown in the table below.
XYO Application Development Progress
Washing Machines
!
Angle Grinders
!
!
Pumps
!
Compressors
!
Motorcycle Engines
!
Boat Propellers
!
Trolling Motors
!
Truck Wheels
!
Truck Clutch Fans
!
Truck Driveshafts
!
Aircraft Propellers
!
Electric Motors
!
Wind Turbines
!
Idea
R&D
Patenting
Prototyping
Optimization
Commercialization
PRODUCTS UNDER DEVELOPMENT
With so many things that rotate, Perpetual Industries is currently working on optimizing, implementing and
commercializing the XYO Mechanical Balancing Technology in the following products and applications:
Wind Turbines
Boat Propeller Balancers
Washing Machines
Oil, Gas and Water Pumps
MANAGEMENT AND KEY PERSONNEL
BRENT W. BEDFORD, Chairman, President, and CEO
(Calgary AB, Canada)
Founded Perpetual in January 2005 and has served continuously as
Chairman, President, and CEO. Since 1999 he has been a Director of
ETI Technologies Inc., the licensor of the XYO technology. Since
January 2006 he has been President of Pulseman Inc., a
management services company. Since July 2012 he has been a
Director of Shabu Shabu Shack Inc., and since October 2012, he has
been a Director of Graffiti Group Inc., an importer of alcoholic
beverages and other goods. All of his time is spent on the Company,
except that up to a total of 20 hours per quarter is spent on the
aforementioned management responsibilities. Among his earlier
accomplishments, he founded the independent music label Inferno
Records and the international licensing, marketing, and distribution
company One Tree Hill International Traders. Through One Tree Hill
he obtained some of the first marketing and distribution rights to
products based on television’s “The Simpsons,” and also marketed
the U.K.’s patented “Qwicksilver” tarnish removal system through the
development and creation of over 200 independent distributors in
North America.
As a member of the board, Mr. Bedford contributes his knowledge of
the company and a deep understanding of all aspects of the
Company’s business, products and markets, as well as substantial
experience developing corporate strategy, assessing emerging
industry trends, and carrying out business operations. He has a strong
background in mechanical applications, and expertise in finance,
private and public company startups, and corporate turnarounds.
NEIL MULJI, MASc., Chief Operating Officer
(Calgary AB, Canada)
Neil has served as Chief Operating Officer of Perpetual
since February 2015. He plays a supporting role to
President and CEO, Brent Bedford, in addition to overseeing
testing and instrumentation. He has been working with
Perpetual and the XYO Technology since 2010. In his early
years with the company he was responsible for testing and
instrumentation for engineering projects. Since then he has
grown within the company and taken an active interest in
other areas and a variety of functions. Neil has proven
himself to be a well-rounded individual that understands
both the technical aspects of the XYO Technology and the
business functions required to grow the company.
Neil’s credentials include a bachelor’s degree from the
University of Waterloo (Distinction—Dean’s Honours List)
and a master’s degree from the University of Toronto, both in
mechanical engineering. Despite his technical background,
Neil has always had a strong interest in business operations.
His work experience includes a number of prominent
companies such as Ford Motor Company, Magna
International, and Molson Coors Brewing Company; he has
spent time in varying engineering positions in industry
sectors ranging from automotive, to food and beverage, and
nanotechnology, and has skill sets in project management,
product development, testing, analysis, and business
development.
DIRECTORS
ROD C. EGAN, Director (Airdrie AB, Canada/Auburn IN, USA)
Has served as a Director since August 2005. From September
2007 to date, he has been Owner, Director of RIJ Holdings, LLC,
a personal holding company. From October 2005 to date, he has
been Owner, Managing Partner of The Worldwide Group, LLC
which runs collector automobile auctions. From July 2005 to
date, he has been Owner, Director, and President of Cinch
Ventures Ltd., a management and promotion company. From
September 2004 to December 2009, he was Owner, Director of
Asset Solutions International, LLC, a holding company. From
October 2005 to February 2007, he was Owner, Director of
Automax, LLC, a retail automobile sales firm. He holds state
auctioneer licenses in Texas, Indiana, and Florida.
As a member of the board, Mr. Egan contributes the benefits of
his executive leadership and management experience, in
particular with regard to running startup companies and
negotiating purchase and sale agreements. An elite collector car
auctioneer specializing in the valuation of fine automobiles, he
oversees corporate operations at The Worldwide Group, LLC,
where he has demonstrated his appraisal and sales abilities (his
sales history totals over $3 billion, privately and through auction)
and helped to close some of the largest private car collection
sales in North America in recent years.
THOMAS RISTOW, Director (Koeln, Germany)
Has served as a Director since August 2005. From April 2005 to
date, he has been Sales Manager for Sekisui Chemical GmbH, a
chemical products company. At ETI Technologies Inc., the
intellectual property licensing firm which is now the licensor of
ADVISORY BOARD
DR. JEONGSOO PARK, PhD, P.Eng (Winnipeg AB, Canada)
World-renowned expert in solving noise and vibration problems
in rotating machinery. Frequently utilized on a contract basis for
his in-depth knowledge of the XYO technology and of Korean
industry.
IRFAN DHANANI (Calgary AB, Canada)
Thirty year veteran of the manufacturer’s agent business.
Substantial contacts among Far East contract manufacturers of
parts and complete products. Recently acquired the rights to the
WORX brand of power tools, made in China for distribution in
North America.
CRAIG DANSEREAU (Calgary AB, Canada)
Entrepreneur in the fields of construction equipment rental and
oil and gas regulatory compliance.
MARY CHUNG (New York City, NY, USA)
Former Head of Communications and Marketing for the
American Stock Exchange (AMEX) and ELX Futures. Decades
of experience in Media, Communications & Marketing. Current
founder and managing partner of Smash Street Media, a
strategic communications and public relations consultancy.
DENNIS DOS SANTOS, B.Eng. (Comp. Eng.), MBA, P.Eng
(Oakville ON, Canada)
Public markets professional, with experience as a technology
startup executive, an independent corporate development
consultant, and a highly ranked boutique investment analyst.
MARK FLEMING, BSc (Marketing), Masters (Management) (Las Vegas NV, USA)
Founder of Xtreme Cars and Stars. Specializes in innovative
joint ventures and networking in the performance automotive
sector.
DUSTIN WILSON, NCCP Level 3 Coach (Melbourne, Australia)
Head coach of China’s medal-winning 2006 and 2010 Winter
Olympics freestyle aerials teams. Honored with Friendship
Award, the highest award for foreign contributors to Chinese
progress.
the XYO technology, he served from 1993 through 2005, as
European Sales Representative from 1993 to 1996, European
Marketing Manager from 1996 to 2001, and European Business
Development Manager 2001 to 2005. He received a DiplomKaufmann in 1999 from the University of Cologne, Germany.
As a member of the board, Mr. Ristow contributes significant
industry-specific experience and expertise on the Company’s
products and services. He has significant knowledge and
experience in the European marketplace.
CARL DILLEY, Director (St. Petersburg, Florida)
Has served as a Director since May 2015. Mr. Dilley is a career
entrepreneur serving as a C-level officer in many different
companies and industries. With key roles at Spartan Securities
and Island Stock Transfer, Mr. Dilley has been instrumental in
taking over 400 companies public He is a managing partner of
Endeavour Cooperative Partners, which owns a group of
financial services and other companies including: Island Capital
Management, LLC, Spartan Securities Group, Ltd., Proxy and
Printing LLC., Endeavour Insurance Partners and Pioneer
Recycling LLC. He has served as a Director & CEO of
Endurance Exploration Group, Inc. since January 2013, and has
been Director of Wrapmail, Inc. since Feb 2015. He is also the
controlling shareholder, Chairman and President of Vacation
Travel Corp.
As a member of the board, Mr. Dilley will focus on identifying
strategic joint venture partnerships and potential mergers and
acquisitions that can help Perpetual commercialize the XYO
Technology in various industries and applications.
IAN MCANERIN, BASc., LLB. (Calgary, AB, Canada)
A well known expert in international search marketing, and the
founder and CEO of McAnerin International Inc. He is a
moderator for several search related forums, and is widely
published both online and in print. He has authored several
popular SEO related tools and has a patent pending for a search
related geolocation technology.
RAJINDER (RAJ) SOND, M.Sc (Calgary AB, Canada)
President of the Sond Industrial group, a boutique 30-person
machine shop specializing in precision, high-tolerance
mechanical parts. In-depth knowledge of CNC and 3D machining
to meet the custom parts and prototyping needs of the oil and
gas sector and beyond. Authorized XYO fabrication and
assembly specialist, and longtime resource and mentor in
bridging the gap between innovative design and
manufacturability.
BROOK CARTER (Calgary AB, Canada)
Longtime automotive racing competitor, organizer and sponsor.
Seasoned marketer and entrepreneur.
DAVID SURKAN (Penhold AB, Canada)
Investor and entrepreneur in the agricultural sector.
CLAYTON WIEST, BA (Economics) (Lethbridge AB, Canada)
Principal of Wiest Insurance and Investment Management, an
independent brokerage and financial advisory firm.
DOUG GREIG (Calgary AB, Canada)
President of Blackbird Insight Inc., a management services
company, and our past General Manager of Operations.
Experienced in company governance, compliance, and
administration.
SEAN HOANG, CFA, BComm, BSc, MBA (Calgary AB, Canada)
Private portfolio manager with experience in institutional
investment consulting. Licensed broker in the U.S. and Canada.
Forward Looking Statements
This document may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements involve assumptions, expectations and projections
about events subject to risk and uncertainty; these estimates reflect the best judgment, at the time, of our senior management. Expressions like “believe,” “anticipate,” “intend,” “estimate,” “expect,” and
“project” identify them, but they do not always contain such words. They may relate to our anticipated sales performance and trends, operating income, cash flows, business strategies and initiatives, and
other matters. Actual results may differ and matters and transactions may not proceed as contemplated. Unknown or unpredictable factors could have material adverse effects on our future results,
performance or achievements. We caution you not to rely unduly on our forward-looking statements. Investors should consider our Securities and Exchange Commission (SEC) filings, including our
Registration Statement on Form S-1, Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, especially the “Management’s Discussion and Analysis” and “Risk Factors” sections, and our Current
Reports on Form 8-K. We undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, nor to update any news
release, SEC filing, presentation, or website. The Company is subject to risks, uncertainties, and other factors which may include, but are not limited to: our potential inability to carry out our intended
specialties of prototyping, patenting, marketing, designing, manufacturing, and licensing; potential difficulties with regard to the marketability and adoption of XYO in various industries and
regions; potential difficulties with regard to pricing and other competitive pressures in the market; our potential inability to secure sufficient financial resources; our potential inability to protect
our intellectual property rights against infringement; the possibility that our intellectual property infringes on patented technology of others; our potential inability to attract and retain employees, agents,
advisors, and other resources; potential difficulties with regard to legislative, environmental, judicial, regulatory, and political developments; our potential inability to take or keep the company public; the
evolution of our strategic and operational plans and objectives, and; our potential inability to register shares with the SEC or to qualify for listing on the OTC Markets or other trading venues.