AMERICAN POWER GROUP CORPORATION (OTCMKTS:APGI) Files An 8-K Regulation FD DisclosureItem 7.01.
On August 15, 2017, the Company issued a press release providing an update on the status of the June 2017 corporate-wide realignment of its strategic direction, the reallocation of resources and a reduction in workforce . A copy of the press release is furnished as Exhibit 99.1 to this Current Report and is incorporated herein by reference.
The information contained in Item 7.01 to this Current Report (including Exhibit 99.1) is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise be subject to the liabilities of that section. The information in this Item 7.01 (including Exhibit 99.1) shall not be incorporated by reference into any registration statement or other document to the Securities Act, except as otherwise expressly stated in such filing.
|Item 9.01.||Financial Statements and Exhibits|
|99.1||Press Release issued by American Power Group Corporation, dated August 15, 2017.|
AMERICAN POWER GROUP Corp ExhibitEX-99.1 2 ex99-1.htm Exhibit 99.1 News Release FOR IMMEDIATE RELEASE Investor Relations Contacts: Chuck Coppa,…To view the full exhibit click
About AMERICAN POWER GROUP CORPORATION (OTCMKTS:APGI)
American Power Group Corporation operates through two segments: dual fuel conversion operations and natural gas liquids operations. The Company’s dual fuel conversion system is an external fuel delivery enhancement system that converts existing diesel engines into environmentally friendly engines that have the flexibility, depending on the circumstances, to run on diesel fuel and compressed natural gas (CNG) or liquefied natural gas (LNG); diesel fuel and pipeline gas, well-head gas or approved bio-methane, and diesel. The Company’s technology displaces approximately 75% (average displacement ranges from 40% to 65%) of the normal diesel fuel consumption with various forms of natural gas. The Company provides flare capture and recovery services to operators of the drilling equipment needing to meet their mandated flare gas capture limits by processing their previously flared gas for an agreed upon processing fee.