Item 8.01 - Other Events.
CGE Energy, Inc. (the "Company") issued a press release, dated
February 2, 2015 entitled-"McKenzie Bay International and Clean Green
Energy LLC Have Merged".
The press release is in its entirety below:
McKenzie Bay International and Clean Green Energy LLC Have
Merged
BRIGHTON, MI, Feb. 2 /Marketwired/ - Effective January 31st, 2015,
McKenzie Bay International (MKBY) (OTC PINK: MKBY) has merged with
Clean Green Energy LLC (CGE, dba CGE Energy). The newly merged
renewable energy company will trade under the MKBY ticker symbol for
the next several weeks.
The company has announced the following individuals appointed as
directors of the corporation: Mark Cecil, Kevin Cook, Craig Hancock,
William Naubert, Michael Pollakowski, Paul Schneider, Derek Spangler
and Gary Westerholm. Bryan Zaplitny has been appointed President/CEO.
"We are excited to enter this new chapter of being a publicly traded
company by way of our now effective merger with McKenzie Bay," said
newly appointed President/CEO, Bryan Zaplitny, "I thank Kevin Cook and
the board for all their efforts throughout these last years. Just as
they were, we are committed to increasing value for our current and
future shareholders."
By the end of February, FINRA-related merger filings will conclude.
Upon FINRA approving the merger, MKBY's name is changed to CGE Energy
Inc., MKBY shares are reversed 1 for 25, and, FINRA will issue a new
ticker symbol and CUSIP number.
"This is a very exciting time for McKenzie Bay as the merger with
Clean Green Energy LLC is finalized. MKBY is essentially a new company
with a new vision," said former MKBY President Kevin Cook. "The point
is, we are now becoming a full-fledged energy company rather than a
niche wind energy company. Our future is brighter than it's ever been
and the potential for MKBY is unlimited."
With the two companies becoming one, they, along with their strategic
partnerships with Cree and SolarWorld, will have the unified vision to
supply "power to make a difference." Management has vocalized their
commitment to build a strong, long-lasting energy company and making
the world a better place. Zaplitny commented, "Our integrated
solutions approach has a solid focus on climate change to bring
positive results nationally and abroad."
Interested readers who would like to receive email alerts of up-to-
date CGE Energy news, press releases and company filings can sign up
at: http://cgeenergy.com/investors
About CGE Energy
CGE Energy is a renewable energy and energy efficiency company
headquartered in Brighton, Michigan. For more than 20 years, the
company has provided energy solutions and is now offering Power
Purchase Agreements. Today the company serves customers in the U.S.
and abroad, using energy efficient technologies that include Cree LED
lighting, their patented WIND-e20 wind turbine and SolarWorld solar
generation. Now a publicly traded company, CGE will trade under the
ticker symbol MKBY:OTCPink until FINRA approval.
http://www.cgeenergy.com
Certain statements made in this release constitute forward-looking
statements and do not guarantee future performance. Actual results or
developments may differ materially from the projections in the
forward-looking statements.
Source: CGE Energy, Inc.