Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
KLEANGAS ENERGY TECHNOLOGIES, INC.
Delaware 333-176820 45-53499508
(State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.)
3001 N. Rocky Pt. Rd. Suite 200, Tampa, Florida 33771
(Address of principal executive offices) (Zip Code)
(888)720-0806
SECTION 1. REGISTRANT’S BUSINESS AND OPERATIONS
ITEM 1.01 PURCHASE ORDER CONTRACT
On January 28, 2014, Kleangas Energy Technologies, Inc. a Delaware corporation (the “Company”), through its subsidiary, Green Day Technologies, Inc., received that certain purchase order dated January 28, 2014 (the “Purchase Order”) for the purchase of 5,000 metric tons monthly of wood pellets at a price of $850,000. The Purchase Order is for a one year period and represents the binding commitment to purchase an aggregate 60,000 metric tons for an aggregate purchase price of $10,200,000 for delivery to South Korea.
Item 9.01 Financial Statements and Exhibits
(d) Purchase Order dated January 28, 2014
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
Dated: January 31, 2014 Kleangas Energy Technologies Inc.
/s/ Bo Linton
By: Bo Linton
Its: CEO
You might want to contact eTrade customer service and see if they know anything about the Stock Transfer agent or the status of the exchange of shares
I might be mistaken but I do not believe any of the filings actually say the physical exchange of shares has yet transacted through the Transfer Agents. There is always considerable lag between announcement of a deal and actual share conversion.
I guess GDTK shareholders can tell us if KGET shares have appeared in their brokerage accounts yet. That would seem to be a reasonable indication that I am dead wrong.
17 for 1 Share conversion (KGET for GDTK) has not taken place yet
SECTION 1. REGISTRANT’S BUSINESS AND OPERATIONS
Company:
KLEANGAS ENERGY TECHNOLOG ... (KGET)
Form Type: 8-K/A
Filing Date: 12/19/2013
ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT
The Board of Directors (the "Board") of Kleangas Energy Technologies Inc., a Delaware corporation (the "Company"), approved the execution of a share exchange agreement dated November 15, 2013 (the "Share Exchange Agreement") with Green Day Technologies Inc., a Florida corporation ("Green Day"). On December 18, 2013, the Company and Green Day entered into and executed an amendment to the Share Exchange Agreement (the "Amendment"). In accordance with the terms and provisions of the Amendment to Share Exchange Agreement: (i) the shareholders of Green Day (the "Green Day Shareholders") shall tender their shares of common stock to the Company in exchange for the issuance by the Company of its shares of restricted common stock on the basis of one share of common stock of Green Day for seventeen (17) shares of common stock of the Company
There is no refutation for Revenues and Profits...which are coming. Allocate a percentage of your holding for trading, and use down cycles to play in the waves. Have fun with it. Ignore the silliness. Patience...adults will prevail.
Exactly! There is no sustainable counter-argument for revenues and profits. Be patient...see the trend...ride the wave!
Adults will prevail.
When the next firm orders are announced (which will be sooner rather than later...read the second PR paragraph) this will run again and when it does, .02 will look just like .003 looked yesterday.
The bashers can rant all they want, but there is no way to argue with revenue and profit stream.
Hanging right here next to you, 12th. Taking my whipping...hoping for a more palatable exit point.
Mig - I lurk here, and really appreciate the wisdom of the group. But I had to jump in on your last comment because it reminded me of the old saying from the American frontier days - "The pioneers catch the arrows".
Thanks to all for the insights and good luck to us all.
News Release from HRT
Rio de Janeiro, July 1st, 2013 - HRT Participações em Petróleo S.A. (the "Company" or "HRT") (BM&FBOVESPA: HRTP3, TSX-V: HRP) announces that its Board of Directors, in their June 27 and 28 meeting, reviewed the ongoing drilling program in Namibia where the Murombe well is drilling ahead of schedule and below cost estimates. The well should finish drilling in early August. Polvo transition planning was reviewed with a target to assume operation of the field in the fourth quarter. The Solimões program was reviewed and significantly reduced due to recent results.
The Board of Directors unanimously decided to establish a new special committee to promptly evaluate inorganic development options for HRT, such options including but not limited to potential asset sales, strategic combinations, or sources of further capital. By the end of July, the Committee will develop initial recommendations to the Board of Directors including potential paths forward to maximize value for HRT shareholders
HRT Stock Upgraded
Hrt Participacoes Em Petroleo (CVE: HRP) was upgraded by analysts at Salman Partners from a “sell” rating to a “speculative buy” rating in a research report issued to clients and investors on Wednesday, Stock Ratings Network reports. The firm currently has a C$1.25 price target on the stock, up from their previous price target of C$0.80.
http://www.mideasttime.com/hrt-participacoes-em-petroleo-rating-increased-to-speculative-buy-at-salman-partners-hrp/22053/
"Optimism" about Murombe
CC Q&A, Text from Seeking Alpha website:
Question: "How dependent the Murombe well should be on the reserve of the Wingat? I mean, I know that they are independent wells, but in geological terms, the indications that we are going to get from Wingat, we could further support a good result or a bad result on the Murombe"?
Answer: Wagner Peres - Chief Executive Officer, HRT America
"Yeah, Milton. Caio, as from the beginning of the process, HRT put together a three to four wells drilling campaign and each one of the prospects that are going to be drilled is totally independent from the other wells. So, Murombe is very independent from Wingat. But logically, with whatever we are finding in gas, can make us feel better or worse about Murombe. But at this stage, we are going to Murombe with a lot of optimism and the prospect is totally independent from the results of Wingat."
From kc_cardguy on Yahoo board:
"During closing questions, the question was asked if information learned at Wingat would help them in formulating plans for the second well - Murombe. He said that the Murombe plans were in place and after Wingat "we are moving to Murombe with a lot of optimism." Hmmmm. Wonder in Wingat results known only to them are the reason for such optimism?"
A question to all who understand this drilling business:
If they are indeed finished drilling Wingat, should they not already know if they had a duster on their hands?
The big news on Wingat from conference call is...No news on Wingat!
"Results next week"