Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Effective May 10, 2017, each of David R. LaVance, Anthony Giordano III and David N. Harry resigned from the board of directors of Integrated Environmental Technologies, Ltd. (the “Company”).
Section 8 – Other Events
Item 8.01. Other Events.
As a result of the Company’s inability to secure additional financing to fund its operations or to secure a merger or acquisition partner, effective May 15, 2017, the Company closed its operational facilities and terminated the services of all personnel that supported its field operations. The Company is in the process of winding down its remaining operations.
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