GREEN ENVIROTECH HOLDINGS CORP. (OTCMKTS:GETH) Files An 8-K Entry into a Material Definitive Agreement

GREEN ENVIROTECH HOLDINGS CORP. (OTCMKTS:GETH) Files An 8-K Entry into a Material Definitive Agreement

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ITEM 1.01ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT

On March 29, 2017, Green EnviroTech Holdings Corp. entered into a
lease and working capital credit facility with Caliber Capital
Leasing LLC and its assignee, Real Estate Acquisition Development
Sales, LLC (READS). Under the agreements, READS is providing an
initial commitment of up to $2.5 million for the construction of
the Companys first processing line in its centralized Carbon
Finishing Plant in Ohio, which the Company will then lease from
READS and operate. The lease will have an initial term of seven
years, after which the Company will have the option to purchase
the facility from READS or renew the lease. The Company
anticipates receiving the initial draw on that $2.5 million and
beginning work on the Ohio facility immediately. The agreements
provide for up to an additional $97.5 million in financing,
subject to successful due diligence and underwriting, to be used
for construction of additional facilities.

ITEM 8.01OTHER EVENTS

On March 30, 2017, Green EnviroTech Holdings Corp. issued a press
release announcing its entry into these agreements, a copy of
which is attached as Exhibit 99.01.

ITEM 9.01FINANCIAL STATEMENTS AND EXHIBITS

The following are filed as exhibits to this report:

Exhibit

Number*

Title of Document Location
Item 10 Material Contracts
10.24 Letter Agreement between Caliber Capital Leasing LLC and
Green EnviroTech Holdings Corp. dated September 22, 2016, and
executed March 29, 2017
To be filed
10.25 Master Equipment and Building Related Lease Agreement between
Real Estate Acquisition Development Sales, LLC, and Green
EnviroTech Holdings Corp., executed March 29, 2017
To be filed
Item 99 Miscellaneous
99.01 Press release dated March 30, 2017 Attached

* All exhibits are numbered with the number preceding the
decimal indicating the applicable SEC reference number in
Item 601 and the number following the decimal indicating the
sequence of the particular document. Omitted numbers in the
sequence refer to documents previously filed as an exhibit.


About GREEN ENVIROTECH HOLDINGS CORP. (OTCMKTS:GETH)

Green EnviroTech Holdings Corp., formerly Wolfe Creek Mining, Inc., is a green technology company. The Company has developed a process to produce Brent Grade type oil by using reactor conversion technology, the Green Envirotech (GETH) Process, by utilizing a mixture of waste plastic and waste tires. The conversion process uses pyrolysis technology with additional distillation applications. The GETH Process is a system to convert waste plastics and end of life tires to oil. The process uses electromagnetic pyrolysis to produce oil and syngas when processing the plastic feedstock. The process produces oil, carbon black, steel and syngas along with approximately 45% by weight yield of oil, when processing tires. The use of electromagnetic pyrolysis facilitates gasification. A full-scale plant processing tires consumes approximately 200 tons of feedstock per day and produces over 200,000 barrels of blend-stock oil yearly.

GREEN ENVIROTECH HOLDINGS CORP. (OTCMKTS:GETH) Recent Trading Information

GREEN ENVIROTECH HOLDINGS CORP. (OTCMKTS:GETH) closed its last trading session up +0.090 at 0.180 with 190,926 shares trading hands.

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