CLEAN ENERGY TECHNOLOGIES, INC. (OTCMKTS:CETY) Files An 8-K Submission of Matters to a Vote of Security HoldersITEM 5.07.Submission of Matters to a Vote of Security Holders.
The annual meeting of shareholders of Clean Energy Technologies, Inc. (the “Company”) was held on November 21, 2018. As of the Record Date of October 11, 2018, there were 555,657,656 shares of common stock outstanding and entitled to notice of and to vote at the Annual Meeting. The matters voted upon at the Annual Meeting and the results of the voting are set forth below.
Proposal I – Election of Directors
Shareholders approved the election of nine directors to serve as directors for a one-year term to expire at the 2015 Annual Meeting. The voting results for this proposal are as follows:
Nominee Votes For Votes Withheld Broker Non-Votes
Kambiz Mahdi332,479,5531,029,108577,608
Calvin Pang332,730,553 778,108577,608
Jun Wang332,731,053 777,608577,608
Yongsheng Lyu332,731,053 777,608577,608
Proposal II – Ratification of the Appointment of Fruci and Associates II, PLLC as the Company’s Independent Registered Public Accounting Firm for Fiscal Year 2018
Stockholders ratified the appointment of Fruci and Associates II, PLLC to serve as the Company’s independent registered public accounting firm for its 2018 fiscal year. The voting results for this proposal are as follows:
|
Votes For |
Votes Against |
Abstain |
Broker Non-Votes |
|
411,768,468 |
7,224,468 |
2,311,739 |
2,311,739 |
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On November 21, 2018, Lin Shuangan, a member of the Board of Directors of the Company, notified the Company of his intention to retire from the Company's Board of Directors to pursue other interests, effective November 21, 2018. Mr. Shuangan advised the Company his resignation was not due to any disagreement with the Company on any matter relating to its operations, finances or policies.
About CLEAN ENERGY TECHNOLOGIES, INC. (OTCMKTS:CETY)
Clean Energy Technologies, Inc., formerly Probe Manufacturing, Inc., designs, builds and markets clean energy products focused on energy efficiency and environmentally sustainable technologies. The Company’s principal product is the Clean Cycle generator, offered by its subsidiary Heat Recovery Solutions. The Heat Recovery Solutions system captures waste heat from various sources and turns it into electricity that users can use or sell back to the grid. The Company’s engineering and manufacturing resources support its heat recovery solutions business, as well as continuing to support other clean energy companies with their technologies. Its core technology is a magnetic lev bearing generator, which requires no oil or lubricant and has no gear box. It serves various markets, including industrial, aerospace, military, instrumentation and medical. It offers services, such as engineering, supply chain management, manufacturing and program management.