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UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
D.C. 20549
FORM
8-K
CURRENT
REPORT
PURSUANT
TO SECTION 13 OR 15(d) OF THE
SECURITIES
EXCHANGE ACT OF 1934
Date
of report (Date of earliest event reported): July 24, 2024
Strategic
Environmental & Energy Resources, Inc.
(Exact
Name of Registrant as Specified in Charter)
nevada |
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000-54987 |
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02-0565834 |
(State
or Other Jurisdiction
of Incorporation) |
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Commission
File Number |
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(IRS
Employer
Identification No.) |
370 Interlocken Blvd, Suite 680, Broomfield, CO 80021
(Address of principal executive offices)
Registrant’s
telephone number, including area code: (720)-460-3522
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions:
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☐ |
Written
communications pursuant to Rule 425 under the Securities Act |
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☐ |
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act |
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☐ |
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act |
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☐ |
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act |
Securities
registered pursuant to Section 12(b) of the Exchange Act:
Title
of each class |
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Trading
Symbol(s) |
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Name
of each exchange on which registered |
Common |
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SENR |
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OTC |
Item
8.01 Other Events.
On
July 24 2024, Strategic Environmental & Energy Resources, Inc (“the Company or SEER”) announced that its MV Technologies
(MV) subsidiary has secured purchase orders for multiple of its H2SPlus systems. These units are coupled with contracts for media, and
replacement media. The total amounts of these orders are approximately $1.4 million, to be delivered and recognized over the next 3 fiscal
quarters.
The
full text of the press release issued in connection with the announcement is furnished as Exhibit 99.1 to this Current Report on Form
8-K.
Item
9.01. Financial Statements and Exhibits
SIGNATURES
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 hereunto duly authorized.
Strategic
Environmental & Energy Resources, Inc |
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Date:
July 24, 2024 |
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By:
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/s/
J. John Combs III |
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J.
John Combs III |
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Chief
Executive Officer |
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Exhibit
99.1
SEER’S
MV TECHNOLOGIES RECEIVES NEW SYSTEM AND MEDIA REPLACEMENT CONTRACTS FOR $1.4MM AND INCREASES RECURRING ANNUAL MEDIA SUPPLY CONTRACTS
BROOMFIELD,
CO – July 24, 2024 - Strategic Environmental & Energy Resources, Inc. (SEER) (OTCQB: SENR), a provider of
environmental, renewable fuels and industrial waste stream management services, recently had its wholly-owned operating company, MV Technologies,
receive several new contracts to design and supply its H2S removal systems and also supply media replacement at multiple installations
throughout the US.
The
large system has been ordered by one of the nation’s largest potato processors with the system being installed in the northwestern
US. The large system order totals approximately $600,000 for the design and supply of the equipment for its proprietary H2SPlus H2S
removal systems. This is the second H2SPlus system purchased by this customer. This system will utilize approximately $200,000 per year
of replacement media.
Two
other systems, totaling approximately $400,000 are being placed in the dairy industry; one on the West Coast and the other in the Midwestern
US. This is the second and third system purchased by this wastewater treatment engineering firm.
MV
has also received another purchase order for a $240,000 system from one of the largest wastewater engineering design firms in the world.
This is the fifth PO issued by this engineering firm in the last year to MV Technologies. MV’s has a solid, fifteen-year relationship
with this organization with numerous H2S scrubbers placed into service throughout the US and Canada.
Earlier
in the year, MV received a PO for approximately $200,000 from a producer of 100% recycled containerboard. This is the fourth project
MV has supplied to this company in the last couple of years.
MV
also recently received multiple purchase orders totaling approximately $700,000 over the last several months for its replacement and
initial-install media.
As
with all MV’s customers, MV engineers analyze the site-specific conditions and gas parameters to ensure the customer has the most
efficient and cost-effective solution for their application. MV offers several different iron oxide-based medias in many different configurations
and is not reliant on a single media solution or design to address the array of H2S management projects.
“Each
project becomes a valuable addition to the more than 145 existing projects already in MV Technologies’ portfolio throughout
North America,” said Tom Jones, President of MV. “We are continuing to bid on multiple projects throughout North America
and expect to receive additional system during 2024,” said Jones.
“As
previously announced, MV has multiple systems currently installed and operating at some of the nation’s largest landfill operations
as well as food, beverage and agricultural biogas facilities. These recent orders underscore the efficacy and success of SEER’s
proprietary biogas treatment technology,” Jones concluded.
About
Strategic Environmental & Energy Resources, Inc.
Strategic
Environmental & Energy Resources, Inc. (SEER) (OTCQB: SENR), identifies, secures, and commercializes patented and proprietary environmental
clean technologies in several multibillion-dollar sectors (including oil & gas, renewable fuels, and all types of waste management,
both solid and gaseous) for the purpose of either destroying/minimizing hazardous waste streams more safely and at lower cost than any
competitive alternative, and/or processing the waste for use as a renewable fuel for the benefit of the customers and the environment.
SEER has two wholly-owned operating subsidiaries: MV Technologies, LLC and SEER Environmental Materials, LLC; and two majority-owned
subsidiaries: Paragon Waste Solutions, LLC; and PelleChar, LLC. For more information about the Company visit: www.seer-corp.com.
Forward-Looking
Statements
This
press release contains “forward-looking statements” within the meaning of various provisions of the safe harbor provisions
of the Private Securities Litigation Reform Act of 1995, commonly identified by such terms as “believes,” “looking
ahead,” “anticipates,” “estimates,” and other terms with similar meaning. Although the company believes
that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions
will prove to be correct. Such forward-looking statements should not be construed as fact. Statements in this press release regarding
future performance or fiscal projections, the cost effectiveness, impact and ability of the Company’s products to handle the future
needs of customers are forward-looking statements. The information contained in such statements is beyond the ability of the Company
to control, and in many cases the Company cannot predict what factors would cause results to differ materially from those indicated in
such statements. All forward-looking statements in the press release are expressly qualified by these cautionary statements and by reference
to the underlying assumptions.
Contact
Information:
ir@seer-corp.com
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