PROFIRE ENERGY, INC.
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(Exact name of registrant as specified in its charter)
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Nevada
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001-36378
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20-0019425
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(State or other jurisdiction of incorporation)
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Commission File Number)
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(IRS Employer Identification No.)
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321 South 1250 West, Suite 1, Lindon, Utah
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(Address of principal executive offices)
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84042
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(Zip code)
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(801) 796-5127
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(Registrant’s telephone number, including area code)
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N/A
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(Former name or former address, if changed since last report.)
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[ ]
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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[ ]
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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[ ]
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Item 2.02.
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Results of Operations and Financial Condition
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·
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Management reported that roughly 90% of the Flare Stack Igniters were sold with an accompanying Burner Management System.
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·
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The Company provided an update regarding its study of a possible preventative maintenance plan. Management expected the program to have a tremendous impact on oil field equipment efficiencies and anticipated reporting the results of their study in the coming months.
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·
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Roughly 75% of the Company’s total sales and service employees have been with the Company less than six months. Management indicated that revenues could increase in future quarters due to the leveraging of these new hires.
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Item 9.01.
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Financial Statements and Exhibits
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Exhibit Number
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Description
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99.1
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Press Release Announcing Financial Results
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PROFIRE ENERGY, INC.
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Date: November 12, 2014
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By:
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/s/ Brenton W. Hatch
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Brenton W. Hatch
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Chief Executive Officer
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