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)
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June 8,
2020
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NOWEA ENERGY,
INC.
(Formerly
Northwest Oil & Gas Trading Company, Inc.)
(Exact
Name of Registrant as Specified in Charter)
Nevada
(State or Other Jurisdiction of
Incorporation)
333-229036
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82-3552932
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(Commission
File Number)
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(IRS
Employer Identification No.)
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4650
Wedekind Road
Suite
#2
Sparks,
NV
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89431
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(Address
of Principal Executive Offices)
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(Zip
Code)
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(775)
882-7549
(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):
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☐
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Written
communications pursuant to Rule 425 under the Securities Act (17
CFR 230.425)
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☐
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Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
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☐
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Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17
CFR 240.14d-2(b))
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☐
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Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17
CFR 240.13e-4(c))
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1
Item 5.02
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Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of
Certain Officers.
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On June 8, 2020, the Board of Directors of NOWEA Energy, Inc. (the
“Company”) agreed to a compensation arrangement with
its Chief Financial Officer, Thomas Hoeder, whereby commencing on
June 8, 2020, Mr. Hoeder shall be entitled to receive One Thousand
(1,000) shares of the Company’s restricted common stock, par
value $0.001, on a monthly basis for his services. (the
“Shares”). The Shares shall be issued on the last day
of each calendar quarter, with the first issuance to occur on
September 30, 2020, and upon the last day of each calendar quarter
thereafter until his resignation or termination. The Shares shall
be subject to a six-month lock-up from the date said Shares are
issued, and the Shares shall contain a restrictive legend in
accordance with the rules and regulation of the Securities and
Exchange Commission.
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.
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NOWEA ENERGY, INC.
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Date:
June 9, 2020
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By:
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/s/ Joacham Haas
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Joacham
Haas
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Chief
Executive Officer
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2