UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (date of earliest event reported): January 12, 2017
GREEN ENVIROTECH HOLDINGS CORP.
(Exact name of registrant as specified in its charter)
| Delaware | 000-54395 | 32-0218005 | ||
| (State
or other jurisdiction of incorporation or organization) |
(Commission
File Number) |
(IRS
Employer Identification No.) |
| 14699 Holman Mtn. | ||
| Jamestown CA | 95327 | |
| (Address of principal executive offices) | (Zip code) | |
| Registrant’s telephone number, including area code: | (209) 848-4384 |
N/A
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| [ ] | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| [ ] | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| [ ] | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| [ ] | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
ITEM 5.02—ELECTION OF DIRECTORS; APPOINTMENT OF OFFICERS
Green EnviroTech Holdings Corp. has appointed Mr. Chris Smith, 47, to serve as a member of the Company’s Board of Directors.
Upon its founding in 2000, Mr. Smith was a principal of HE Capital SA, a licensed financial consultant to an international clientele. Mr. Smith resigned his position with HE Capital in 2014, although he remains in his capacity as a consultant.
The Company believes that Mr. Smith’s previous work with the Company for HE Capital, provides him with unique insight into the Company’s challenges and opportunities and make him well-suited for service as a director.
The Company has not appointed separate board committees, and the whole board of directors, including Mr. Smith, will continue to perform all duties that would otherwise be assigned to a committee.
Mr. Smith will not receive any compensation for serving on the Company’s board of directors.
EXPLANATORY NOTE
The information in Item 7.01 and Item 9.01 of this report, including the exhibit, is being furnished pursuant to Item 7.01 and Item 9.01 of Form 8-K and General Instruction B.2 thereunder. Such information shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended.
ITEM 7.01—REGULATION FD
On January 12, 2017, the Company issued a press release, a copy of which is attached hereto as Exhibit 99.01.
ITEM 9.01—FINANCIAL STATEMENTS AND EXHIBITS
The following is filed as an exhibit to this report:
| Exhibit Number* |
Title of Document | Location | ||
| Item 99 | Miscellaneous | |||
| 99.01 | Press release dated January 12, 2017 | Attached |
| * | All exhibits are numbered with the number preceding the decimal indicating the applicable SEC reference number in Item 601 and the number following the decimal indicating the sequence of the particular document. |
| 2 |
SIGNATURES
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 hereunto duly authorized.
| GREEN ENVIROTECH HOLDINGS CORP. | ||
| Dated: January 12, 2017 | By: | /s/ Chris Bowers |
| Chris Bowers, Chief Executive Officer | ||
| 3 |
For Immediate Release:
Green EnviroTech Holdings Corp. Announces Appointment of Mr. Chris Smith as a Director of the Company
JAMESTOWN, CA--(Marketwired – Jan 12, 2017) - Green EnviroTech Holdings, Corp. (OTC PINK : GETH) is pleased to announce that Mr. Chris Smith has been appointed as a Director of the Company effective immediately.
Mr. Smith has had a thirty year career in finance and investment banking, starting with UBS; and has lived and worked on three continents. Chris is, and continues to be, a long term investor in, and business partner to, GETH.
Gary De Laurentiis, GETH Chairman said: “Chris has been a solid and reliable partner to me and to the Company through the last 5 years. His loyal support has enabled us to achieve our current position of looking to deploy our GEN 1 End of Life Tire Processing Solution in 2017. Appointing Chris as a Director will formalize the role he has been playing and enable GETH to benefit from his insights on a more regular basis. I would like to personally thank Chris for his dedication and effort in supporting me and the Company.”
Chris Bowers, CEO of GETH, added: “I have benefited from Chris’ understandings of the public markets, particularly the OTC market. He has provided robust guidance on funding strategy and plans, and his connections into the financial world have been helpful. I look forward to working with Chris in the future.”
Sharing in the excitement over his appointment, Chris Smith remarked: “It is an honor to be asked to become a Director of GETH at this very exciting time. My association with Gary and GETH has been driven by a passion for the market and a belief that we would develop a workable solution through dedication, effort and persistence. I am pleased to see that we have developed the GEN 1 End of Life Tire Processing Solution and aim to build the first plants in 2017. I would like to thank Gary for appointing me as a Director of GETH and I look forward to continuing to work with Gary, Chris and the GETH team as we move forward”
Forward-Looking Statements
This press release contains forward-looking statements that relate to future events, including our ability to raise capital, or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.
For a discussion of these risks and uncertainties, please see our filings with the Securities and Exchange Commission. Our public filings with the SEC are available from commercial document retrieval services and at the website maintained by the SEC at http://www.sec.gov.
About GreenEnviroTech Holdings
GreenEnviroTech Holdings, Corp. (GETH) is a pioneer in sustainable development. Our mission is to find and implement practical, economical solutions that will clean up the environment. Our technologies will convert waste into valuable products and help to protect the planet.
For more information on GETH:
www.greenenvirotech.com
CONTACT INFORMATION
Public Relations and Media Contact:
LCG
Headquarter Office
702.333.4886
www.lcginfo.com