Next Fuel Inc. (fka NXFI)

[Renee]

NXFI revoked:

https://www.sec.gov/litigation/admin/2018/34-84422.pdf

[Renee]

NXFI SEC Suspension for severely delinquent Financials/Filings:

https://www.sec.gov/litigation/suspensions/2018/34-84217.pdf

Order:

https://www.sec.gov/litigation/suspensions/2018/34-84217.pdf

Admin. Proceeding:

https://www.sec.gov/litigation/admin/2018/34-84216.pdf

[Papa Bear]

Filed Form 8K on April 1, 2011

biz.yahoo.com/e/110401/nxfi.pk8-k.html

[Papa Bear]

The Company also announced that, simultaneously with the technology acquisition, it raised One Hundred Thousand Dollars (US) of new capital through a private sale of Fifty Thousand shares of its Common Stock to San Ding Jiu Yuan Beijing Venture Investment Company ("Investor") for Two Dollars (US) per share and that it had entered into an agreement to sell 950,000 additional shares of its Common Stock to that investor for the same per share price. Closing of the second installment of this investment on or before May 15, 2011 is subject to the investor being satisfied with the results of its due diligence review of the Company.

[Papa Bear]

The purchase price for the technology consisted solely of securities of the Company, including Three Million Ten Thousand (3,010,000) shares of the Company's Common Stock and a two-year warrant to purchase an additional One Million (1,000,000) Common shares. The terms of the purchase, including the warrant exercise price, are substantially the same as was provided in the option to purchase the same technology as previously described in our Form 8-K filed with the Securities and Exchange Commission on February 28, 2011.

[Papa Bear]

SHERIDAN, Wyo., March 29, 2011 (GLOBE NEWSWIRE) -- Next Fuel, Inc. (Pink Sheets:NXFI), a Nevada corporation, announced today that on March 28, 2011 it completed its previously announced purchase of technology and intellectual property useful in extracting and producing natural gas from coal, lignite and other carbonaceous deposits ("Coal-to-Gas Technology") from five individuals. The Company plans to initially focus marketing its Coal-to-Gas Technology in Asia.

[Papa Bear]

Next Fuel. Inc. focuses on developing hydrogen technology that would offer a solution for the delivery of hydrogen on demand or as needed by fuel cells to produce electricity. The company’s solution is based on the patented electrochemical reaction that generates hydrogen on demand from readily available inexpensive materials, which therefore eliminates the costly production, storage, and transportation issues associated with compressed hydrogen. Next Fuel. Inc. is based in Cary, North Carolina.