Q2POWER TECHNOLOGIES INC. (OTCMKTS:QPWR) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02(d)    Election of Director

On May 1, 2017, Q2Power Technologies, Inc. (the “Company”) named Tristan Peitz to the Company’s Board of Directors.    

Mr. Peitz was one of the lead investors for the Company’s recent $1,500,000 Convertible Note bridge offering.  Over the last seven years, he has worked at Cohen Capital Management, a $600 million family office, where he built and manages a credit book which consists of $120 million of municipal bonds and a $60 million high yield book. On the equity side of the business, Mr. Peitz is a generalist with deep sector experience and responsibility for energy and healthcare. At CCM, he has also served as financial adviser for mergers and acquisitions, analysis on several early stage and venture investments, and creation and implementation of complex tax strategies

Prior to CCM, Mr. Peitz served at AlixPartners, a premier turnaround and restructuring focused consulting firm. At AlixPartners, he assisted organizations in the areas of financial advisory services, corporate strategy & operations, restructuring and turnarounds, divestitures and business exits, and forensic investigations related to internal fraud and abuse. Projects he worked on at AlixPartners included Tribune Company, MEI Conlux, Building Materials Holding Corp., Mattson Technology and others. 

Prior to joining AlixPartners, Mr. Peitz was a research analyst at Eminence Capital, a New York based $4 billion hedge fund, and before that an investment banking analyst with Jefferies & Company focused on healthcare, biotech and biofuel companies to evaluate leveraged buyouts, refinancings, restructurings, IPOs and M&A transactions. Mr. Peitz attended the University of Michigan where he graduated with distinction from the Ross School of Business with a BA in Business Administration – concentration in finance and accounting. 

As compensation for his services on the Board, Mr. Peitz will receive options to purchase 400,000 shares of common stock, vesting half immediately and half in six months, terminating in 10 years and exercisable at $0.21 per share.  Mr. Peitz has no family relationships with any other Board member, and is not party to any other related transaction. He has not been assigned membership in any Committee of the Board at this time.    

About Q2POWER TECHNOLOGIES INC. (OTCMKTS:QPWR)

Q2Power Technologies, Inc., formerly Anpath Group, Inc., is a holding company for its subsidiary, Q2Power Corp. (Q2P). The Company, through Q2P, operates a renewable power company focused on the conversion of waste to energy and other reuse products. In May 2016, the Company began exploring other synergistic business lines, such as composting from waste water biosolids. Its system harvests waste biogas from waste water treatment facilities, landfills and livestock farms. Through an external combustion process, it converts these resources into green electricity for use at the host facility or back to the grid. The Company’s pilot installation is located at the waste water treatment plant in Lancaster, Ohio. The Company’s technology includes a reciprocating piston external heat engine (the Q2P Engine). It has also developed other technologies to support a total combined heat and power (CHP) system around the Q2P Engine, such as waste fuel burners, controls and other subcomponents.

Q2POWER TECHNOLOGIES INC. (OTCMKTS:QPWR) Recent Trading Information

Q2POWER TECHNOLOGIES INC. (OTCMKTS:QPWR) closed its last trading session 00.000 at 0.110 with 10,480 shares trading hands.