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
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Date of
report (Date of earliest event reported)
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June
29, 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)
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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
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Item 8.01
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Other Events.
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NOWEA
Energy, Inc. (the “Company”) is filing this Current
Report on Form 8-K in compliance with and in reliance upon the SEC
Order issued pursuant to Section 36 of the Securities Exchange Act
of 1934, as amended, granting Exemptions from Specified Provisions
of the Exchange Act and Certain Rules thereunder (SEC Release No.
34-88465 on March 25, 2020) (the “Relief Order”). Set
forth below are the reasons for the delays in the completion of the
Quarterly Report on Form 10-Q for the period ended February 29 2020
(the “Quarterly Report”), and estimated filing dates of
the Quarterly Report.
On May 13, 2020,The Company previously announced
through a report on Form 8-K that it expected to file its Quarterly
Report by July 1, 2020, within the extension period afforded by the
Relief Order. As a result of the increasing challenges associated
with the COVID-19 outbreak, the Company does not expect to file the
Quarterly Report until after July 1, 2020. The Company is
requesting an additional extension of time beyond the July 1, 2020
date set forth in the Relief Order. The extension of time is
necessary due to unanticipated delays being experienced by the
Company and its newly retained auditors in completing the review of
the Company’s financial statements and the Company’s
completing its Quarterly Report. Particularly, given that the
auditor personnel has been unable to perform the work necessary to
complete the review due to restrictions imposed upon auditor
personnel related to the COVID-19 outbreak. Considering the lack of
time for the compilation and review of the information required to
be presented and the importance of markets and investors receiving
materially accurate information in the Quarterly Report, as of the
date of this filing, the Company expects to file the Quarterly
Report no later than July 15, 2020.
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 29, 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