Thunder Energies Corporation (OTCMKTS:TNRG) 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 Certain Officers.
On October 9, 2018, Timothy Scott Wainwright was appointed as President and Chief Operating Officer for the Company. The background information for Mr. Wainwright is set forth below.
Timothy Scott Wainwright
From May 2017 through June 2018 Mr. Wainwright was consultant with Enclean USA, providing technical services to architects and homebuilders in the field of mold remediation and prevention. In addition to developing and implementing procedures for homebuilders, he procured new contracts in Georgia and Florida, making presentations to group and prospective clients.
From January 2017 through April 2018 Mr. Wainwright was part time business development consultant to Thunder Energies Corporation, a public company (TNRG) located in Tarpon Spring and bringing to market cutting edge technologies in the field of optics, neutron applications in safety technologies, and advance combustion equipments. In this role he collaborated with the CEO on various testing equipments and helped the company’s team in the preparation of white papers and power point presentations for investors and banks.
From June 2014 through April 2017 Mr. Wainwright worked as Vice President for Business and Sales for Evnetics, Inc., a company based in Clearwater, producing and selling Rail Drive, a state-of-the-art technology electric motor controller. His responsibilities included technical input in the improvement and design of the unit that led to multiple sales to end users and included working with sales and installation teams.
From May 2010 through June 2013 Mr. Wainwright was president of Magnegas Corporation, a public company (MNGA) located in Clearwater that developed a patented process that converts liquid waste into hydrogen-based fuels. In this position, he was able to help the company move through the various stages of a start-up: dealing with regulatory agencies, expanding the client base, building an effective sales force, working with investors in USA and abroad, and being part of the team that up-listed the company to the NASDAQ market.
We believe that Mr. Wainwright’s extensive work experiences with these companies, has strengthened his skills in the technical and financial areas that will benefit Thunder Energies Corporation; therefore, we believe that he is qualified to assume the position of president. His previous position of consultant with Thunder Energies Corp. will facilitate his role of working closely with the CEO and with the rest of the team. We believe that, having worked both with private and public companies, Mr. Wainwright has a unique perspective on what is needed to contribute to the progress of Thunder Energies Corporation.
About Thunder Energies Corporation (OTCMKTS:TNRG)
Thunder Energies Corporation (TEC), formerly Thunder Fusion Corporation, is a development-stage company. The Company is focused on the development of a clean combustion of fossil fuels (oil, diesel and coal, among others) with controlled minimal contaminants in the exhaust. Its business objective is achieved via forms of processing fossil fuels, new additives to the combustion and the assistance of a high voltage electric discharges that burn combustible contaminants in fossil fuel exhaust while providing added on clean energy. The Company is a developer of technologies that are being brought to market by three divisions: Division of Optical Instruments (TEC-DOI); Division of Nuclear Instruments (TEC-DNI), and Division of Fuel Combustion (TEC-DFC). TEC-division of equipment (DOE) is engaged in the production and sale of pairs of Galileo and Santilli telescopes with approximately 70 millimeters (mm), over 100 mm and approximately 150 mm.