APPLIED ENERGETICS, INC. (OTCMKTS:AERG) Files An 8-K Entry into a Material Definitive Agreement
Item 1.01 – Entry into a Material Definitive Agreements
Consulting and Advisory Services Agreement
Effective February 15, 2019, Applied Energetics, Inc. (the “Company” or “AERG”) entered into a Consulting and Advisory Services Agreement (the “Agreement”) with WCCventures, LLC. Under the Agreement, WCCventures is to provide advice and guidance to management in three key respects as follows:
Assist the Company in marketing and improving its corporate presence to facilitate capital raising through private placements of equity or debt or otherwise, including establishing relationships with individuals and other prospective investors to evaluate a possible investment in the Company and to provide guidance regarding funding structure and terms;
Review the Company’s business plan and corporate strategy and provide advice relating thereto; and
Meet regularly with management to review the Company’s long-term and short-term financing objectives.
As consideration for such services, the Company is to pay WCCventures $30,000 per month. The Agreement has an initial term of six months, but it may be terminated by either party upon 15 days’ prior written notice.
Item 8.01 Other Events
AERG has retained corporate communications firm, Cameron Associates to provide investor relations services on behalf of the Company including counseling management on appropriate investor communications, preparing and distributing press releases and other public documents, orchestrating conference calls and responding to investor inquiries. Cameron Associates and its principal, Kevin McGrath, worked closely with Applied Energetics as investor relations consultants starting from the Company’s inception in 2004 through 2011. We are pleased to welcome both back as Applied Energetics continues forward with its corporate business plan.
Item 9.01 Exhibits
Copy of Consulting and Advisory Services Agreement, effective as of February 15, 2019, by and between the Company and WCCventures, LLC.
APPLIED ENERGETICS, INC. Exhibit
EX-99 2 s116279_ex99.htm EXHIBIT 99 Exhibit 99 CONSULTING AND ADVISORY SERVICES AGREEMENT THIS CONSULTING AND ADVISORY SERVICES AGREEMENT (this “Agreement”) is entered into and effective as of the 15th day of February,…
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About APPLIED ENERGETICS, INC. (OTCMKTS:AERG)
Applied Energetics, Inc. is a shell company. The Company focuses on reactivating its previous business activities. The Company was engaged in the design, development and manufacture of applied energy systems for military and commercial applications and ultra-short pulse lasers and high voltage lasers for commercial applications. The Company is seeking to sell or license its technology. The Company is focusing on developing ultra-short pulse lasers (UPS). It is preparing for the next stage of laser guided energy (LGE) development that involves the development of USP laser technologies. These lasers will allow for LGE weapon systems to be mounted on mobile platforms for multiple anti-terrorist missions, including counter measures against drones and other hostile inbound objects, counter-improvised explosive devices (C-IED) and vehicle stopping, among others.