Other Information.
−Removed: Between February 1, 2011 and April 30, 2011, the Company sold an aggregate of 1,107,600 shares of Company common stock to a total of twenty four purchasers in private transactions the Company conducted in Germany.
−Removed: Gross proceeds from such sales totaled approximately $554,000 and selling commissions and other sale expenses totaled approximately $222,000, resulting in net proceeds from such sales of $332,000.
−Removed: On February 16, 2011, we sold and issued to a single investor 40,000 shares for a total consideration of $20,000.
−Removed: Also, February 16, 2011, the Company sold and issued to a single investor 600,000 shares for a total consideration of $322,000.
−Removed: In a third separate transaction occurring on February 16, 2011, the Company sold and issued to three investors 491,100 shares of its common stock for a total consideration of $270,000.
−Removed: The Company did not incur any commission or other fees in connection with such sales.
−Removed: We believe that the issuance of such shares is exempt from the registration requirements of the Securities Act, by reason of the exemption from registration granted under Section 4(2) of the Securities Act due to the fact that the issuance of the shares was conducted in a transaction not involving any public offering.
+Added: On September 12, 2011, we filed with the Securities and Exchange Commission a Current Report on Form 8-K in which we disclosed our sale of our Indian subsidiary, our agreements with Futenco, the resignation of certain of our Directors and other matters.
+Added: We refer readers to such from 8-K for further information on such disclosed matters.
The following exhibits are being filed as part of this Quarterly Report on Form 10-Q.
Exhibit Description
−Removed: Promissory Note of Clenergen Corporation, dated May 21, 2011, in the principal amount of $300,000 and payable to TCA Global Credit Master Fund, LP, [Incorporated in the Report on Form 8-K (Date of Report:
−Removed: May 26,2011) of Clenergen Corporation, filed with the SEC on May 26, 2011, 2009.]
−Removed: Pledge and Escrow Agreement dated as of May 21, 2011, by and among Clenergen Corporation, TCA Global Credit Master Fund, LP and David Kahan, P.A.,[Incorporated in the Report on Form 8-K (Date of Report:
−Removed: May 26,2011) of Clenergen Corporation, filed with the SEC on May 26, 2011, 2009.].
−Removed: Promissory Note of Clenergen Corporation, dated February 16, 2011, in the amount of $177,884 and payable to Maestreta Advisors Corp, [Incorporated in the Report on Form 10Q (Date of Report:
−Removed: January 31, 2011) of Clenergen Corporation, filed with the SEC on March 22, 2011]
+Added: Agreement executed by Clenergen India Private Limited on May 17, 2011 and Vastani Company SA
+Added: Agreement, executed by Clenergen Corporation on September 5, 2011 and by Futenco [Incorporated by reference to Exhibit 10.1 to the Current Report on Form 8-K (Date of Report:
+Added: September 5, 2011) of Clenergen Corporation, filed with the Securities and Exchange Commission on September 12, 2011.]
+Added: Transfer Agreement, effective as of September 5, 2011, between Clenergen Corporation and Maxrise Powergen Limited.
+Added: [Incorporated by reference to Exhibit 10.2 to the Current Report on Form 8-K (Date of Report:
+Added: September 5, 2011) of Clenergen Corporation, filed with the SEC on September 12, 2011.]
+Added: Shareholders Agreement, effective as of September 5, 2011, between Clenergen Corporation and Futenco.
+Added: [Incorporated by reference to Exhibit 10.3 to the Current Report on Form 8-K (Date of Report:
+Added: September 5, 2011) of Clenergen Corporation, filed with the SEC on September 12, 2011.]
+Added: Shareholders Agreement, effective as of September 5, 2011, between Clenergen Corporation and Futenco.
+Added: [Incorporated by reference to Exhibit 10.4 to the Current Report on Form 8-K (Date of Report:
+Added: September 5, 2011) of Clenergen Corporation, filed with the SEC on September 12, 2011.]
+Added: Shareholders Agreement, effective as of August 31, 2011, between Clenergen Corporation and Futenco.
+Added: [Incorporated by reference to Exhibit 10.5 to the Current Report on Form 8-K (Date of Report:
+Added: September 5, 2011) of Clenergen Corporation, filed with the SEC on September 12, 2011.]
+Added: License Agreement, effective as of September 1, 2011, between Clenergen Corporation and Futenco.
+Added: [Incorporated by reference to Exhibit 10.6 to the Current Report on Form 8-K (Date of Report:
+Added: September 5, 2011) of Clenergen Corporation, filed with the SEC on September 12, 2011.]
Rule 13a-14(a)/15d-14(a) Certification of Principal Executive Officer.
2 unchanged sentences
Section 1350 Certification of Principal Financial Officer.
+Added: Resignation letter dated September 5, 2011, of Alex Worrall.
+Added: [Incorporated by reference to Exhibit 99.1 to the Current Report on Form 8-K (Date of Report:
+Added: September 5, 2011) of Clenergen Corporation, filed with the SEC on September 12, 2011.]
+Added: Resignation letter dated September 5, 2011, of Sanil Kumar.
+Added: [Incorporated by reference to Exhibit 99.2 to the Current Report on Form 8-K (Date of Report:
+Added: September 5, 2011) of Clenergen Corporation, filed with the SEC on September 12, 2011.]
+Added: Resignation letter dated September 5, 2011, of Pamela Peeters.
+Added: [Incorporated by reference to Exhibit 99.3 to the Current Report on Form 8-K (Date of Report:
+Added: September 5, 2011) of Clenergen Corporation, filed with the SEC on September 12, 2011.]
+Added: Resignation letter dated September 5, 2011, of David Sonnenberg.
+Added: [Incorporated by reference to Exhibit 99.4 to the Current Report on Form 8-K (Date of Report:
+Added: September 5, 2011) of Clenergen Corporation, filed with the SEC on September 12, 2011.]
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
−Removed: June 20, 2011
+Added: Dated September 19, 2011
Clenergen Corporation
/s/ Mark L.M.
−Removed: Chairman and Chief Executive Officer
+Added: Executive Chairman and Chief Executive Officer of the Board
(Duly Authorized Officer
4 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.