Tuesday, March 09, 2010 5:31:09 PM
FORM 8-K
CURRENT REPORT
March 5, 2010:
NEW FRONTIER ENERGY, INC
1801 Broadway, Suite 920
Denver, CO 80202
Item 8.01 - Other Events
On March 5, 2010, a petition for involuntary Chapter 7 bankruptcy entitled In re New Frontier Energy, Inc. (Case No. 10-14517HRT) was filed against New Frontier Energy, Inc. (the “Company”) in the United States Bankruptcy Court, District of Colorado by five alleged creditors (the “Petitioners”). The Petitioners have alleged that they have debts that are not the subject of a bona fide dispute . The Petitioners are seeking liquidation and the appointment of a receiver.
The Company believes that certain of the Petitioners claims are without merit or are otherwise in dispute. The Company intends to aggressively contest the involuntary bankruptcy petition and pursue all available grounds for dismissal and to seek all available remedies against the Petitioners whose claims are subject to a bone fide dispute.
SIGNATURES
NEW FRONTIER ENERGY, INC.
Date: March 9, 2010 By: /s/ Samyak Veera
Samyak Veera, Chairman
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