CAVITATION TECHNOLOGIES, INC. (OTCMKTS:CVAT) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On August 30, 2017, Gerald Bailey provided Cavitation Technologies, Inc. (the “Company”) with notice of his resignation from the Company’s Board of Directors (the “Board”), effective August 31, 2017. Mr. Bailey’s resignation from the Board was not the result of any dispute or disagreement with theCompany.
About CAVITATION TECHNOLOGIES, INC. (OTCMKTS:CVAT)
Cavitation Technologies, Inc. is a process and product development company. The Company is engaged in processing liquids, fluidic mixtures, emulsions and suspended solids. It is focused on the practical implementation of in-house innovations. It designs and manufactures hydrodynamic cavitation-based devices and systems. It develops processing technologies for use in edible oil refining, algal oil extraction and renewable fuel production, biodiesel, alcoholic beverage enhancement, water treatment and expeditious petroleum upgrading. It develops and commercializes technology that may be used in liquid processing applications. The Company’s Nano Reactor is the critical component of its CTi Nano Neutralization System. The Company’s primary commercial application for its technology is CTi Nano Neutralization. The Company is engaged in merchandising its CTi NanoNeutralization System, which is designed to help refine vegetable oils, such as soybean, canola and rapeseed.