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 the earliest event reported): March 8, 2019
GREENWAY TECHNOLOGIES, INC.
(Exact name of registrant as specified in its charter)
(formerly National Scientific Corporation)
| Texas | | 000-55030 | | 90-0893594 |
(State or other jurisdiction of incorporation or organization) | | (Commission File Number) | | (I.R.S. Employer Identification No.) |
1521 North Cooper Street, Suite 205
Arlington, Texas 76011
Formerly
(8851 Camp Bowie West Blvd. Suite 240
Fort Worth, Texas,76116)
(Address of principal executive offices) (Zip Code)
800-289-2515
Registrant’s telephone number, including area code
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)) |
Section 1 - Registrant’s Business and Operations
Item 1.01 Entry into a Material Definitive Agreement.
On March 8, 2019 the Board of Directors approved a Rule 11 settlement of two lawsuits brought against the Company by Wildcat Consulting, LLC. The settlement calls for the Company issuing stock and cash to the Plaintiff within certain dates the last one being October 30, 2019. The entire agreement is attached hereto as an exhibit.
Section 5 - Corporate Governance and Management
| Item 5.02. | Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers |
On March 8, 2019, the Company received a letter of resignation from Peter J. Hauser resigning as a Director effective immediately. The resignation has been accepted by the Chairman of the Board. The Board now stands at 5 members as required under its amended bylaws.
| Item 9.01 | Financial Statements and Exhibits |
Exhibits
SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) 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.
| Registrant | Greenway Technologies |
| | |
| Date: March 15, 2019 | By: | /s/ Raymond Wright |
| | | Raymond Wright, Chairman of the Board |
