Attached files
| file | filename |
|---|---|
| EX-10.1 - KLEANGAS ENERGY TECHNOLOGIES, INC. | kget8kex101.htm |
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
| Date of Report (Date of earliest event reported) December 31, 2013 | |||
|
|
|||
|
KLEANGAS ENERGY TECHNOLOGIES, INC. (Exact name of registrant as specified in its chapter) | |||
|
| |||
|
Delaware (State or other jurisdiction of incorporation |
333-176820 (Commission File Number) |
45-53499508 (IRS Employer Identification No.) |
|
|
3001 N. Rocky Pt. RD. Suite 200 Tampa, Florida (Address of principal executive offices) |
33771 (Zip Code) |
|
(888)720-0806 Registrant's telephone number, including area code |
|
__________________________________________ (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 (see General Instruction A.2. below):
| o | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| o | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| o | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| o | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
SECTION 1. REGISTRANT’S BUSINESS AND OPERATIONS
ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT
Sales Agency Contract
On December 31, 2013, Green Day Technologies, Inc., a subsidiary of Kleangas Energy Technologies Inc., a corporation formed under the laws of the State of Delaware (the "Corporation"), entered into that certain sales agency contract (the "Sales Agency Contract") with Peniel Trading Korea ("Peniel Trading"). In accordance with the terms and provisions of the Sales Agency Contract: (i) Peniel Trading will act as the Corporation's sales agent in the Republic of South Korea for the sale and distribution of the Corporation's products; (ii) Peniel Trading may engage sub-agents upon written notice to the Corporation; (iii) the Corporation shall pay a commission to Peniel Trading of $2.00 USD per ton of pellets sold; and (iv) the term shall be one year ending on December 31, 2014 with automatic renewals for subsequent one year period intervals unless terminated by written notice.
SECTION 9 - FINANCIAL STATEMENTS AND EXHIBITS
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
(a) Financial Statements of Business Acquired.
Not applicable.
(b) Pro forma Financial Information.
Not applicable.
(c) Shell Company Transaction.
Not applicable.
(d) Exhibits.
| Exhibit No. | Description |
| 10.1 | Sales Agency Contract dated December 27, 2013 and executed December 31, 2013 between Green Day Technologies Inc. and Peniel Trading Korea. |
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 thereunto duly authorized.
| Dated: January 6, 2014 | Kleangas Energy Technologies Inc. | |
| /s/Bo Linton | ||
| By: Bo Linton | ||
| Its: Chief Executive Officer | ||