VirExit Technologies, Inc.
virexit.bizNo Longer Reporting
The company has not filed an annual or quarterly report since its Q3 FY2019 10-Q, filed Jul 19, 2019. Its latest SEC filing is a 1-Z from Sep 10, 2026.
10-Q for Q3 FY2019, filed Jul 19, 2019
The sections below describe the company as of the FY2018 annual report.
What Did They Do?
Incubates solar-energy business concepts for rural communities, focused on electrification, education, connectivity and media distribution.
10-K for FY2018, filed Dec 14, 2018
Who Were Their Customers?
The former model sold franchise units directly to franchisees and supplied digital-classroom equipment and installation to schools in its franchise markets. Its newer plan focuses on solar concepts for rural communities.
10-K for FY2018, filed Dec 14, 2018We were formed to operate as a renewable energy company, incubating franchise business concepts designed to affect the individual…View ↗
We are currently developing a new business plan and are moving away from the franchise model that we have pursued in the past. We remain…View ↗
Initial Franchise Fees – The Company executed franchise agreements that set the terms of its arrangement with each franchisee. The…View ↗
Product Revenue – Product revenue represented amounts earned for equipment delivered and set up by the Company for digital classroom…View ↗
How Were They Changing?
- Net income
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Sources
10-Q for Q3 FY2019, filed Jul 19, 2019
−$1MView ↗
- ▲ +219% (Loss)
- vs −$326.8K in Q3 FY2018
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May 15, 2025
Signs national reseller agreement for AirROS purification systems
The release projected 20 installations and $786,885 in revenue for FY 2026.
Sources
8-K, filed May 15, 2025
FY 2026: 20 installations projected; $786,885 in total revenue including $600,000 from recurring service contracts.View ↗
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Jul 26, 2024
Forms joint venture to market and sell MaxClean
VirExit holds a 60% interest and is responsible for sales and marketing.
Sources
8-K, filed Jul 26, 2024
The Joint Venture will operate under the name VirExit Technologies Inc. The primary purpose of the Joint Venture is to market and sell a…View ↗
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Jul 16, 2019
Acquires Sun Ovens International
The subsidiary manufactures and sells solar cooker products in domestic and international markets.
Sources
8-K, filed Jul 16, 2019
Effective the 9th day of July 2019, Poverty Dignified, Inc. (the “Company”) completed the acquisition of 100% of outstanding equity…View ↗
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Jan 15, 2019
CEO resigns; successor becomes CEO and board chair
Sources
8-K, filed Jan 15, 2019
On January 15, 2019, Kevin Lowther tendered his resignation as President and CEO of Poverty Dignified, Inc. (the “Company”). Mr. Lowther…View ↗
Franchises to solar concepts
Moves from franchise business concepts for rural energy and education toward incubating solar technologies for rural electrification, education, connectivity and media distribution, while moving away from the franchise model.
10-K for FY2015, filed Dec 15, 2015 10-K for FY2018, filed Dec 14, 2018
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