8-K
Ocean Thermal Energy Corp (CPWR)
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): May 5, 2020
| OCEAN THERMAL ENERGY CORPORATION | ||
|---|---|---|
| (Exact<br>name of registrant as specified in its charter) | ||
| Nevada | 033-19411-C | 20-5081381 |
| (State<br>or other jurisdiction of | (Commission<br>File Number) | (IRS<br>Employer |
| incorporation<br>or organization) | Identification<br>No.) | |
| 800<br>South Queen StreetLancaster,<br>PA | 17603 | |
| --- | --- | |
| (Address of<br>principal executive offices) | (Zip<br>code) |
Registrant’s telephone number, including area code: (717) 299-1344
| n/a | |||
|---|---|---|---|
| (Former<br>name or former address, if changed since last report) | |||
| Check<br>the appropriate box below if the Form 8-K filing is intended to<br>simultaneously satisfy the filing obligation of the registrant<br>under any of the following provisions (see General Instruction A.2.<br>below): | |||
| [ ] | Written<br>communications pursuant to Rule 425 under the Securities Act (17<br>CFR 230.425) | ||
| [ ] | Soliciting<br>material pursuant to Rule 14a-12 under the Exchange Act (17 CFR<br>240.14a-12) | ||
| [ ] | Pre-commencement<br>communications pursuant to Rule 14d-2(b) under the Exchange Act (17<br>CFR 240.14d-2(b)) | ||
| [ ] | Pre-commencement<br>communications pursuant to Rule 13e-4(c) under the Exchange Act (17<br>CFR 240.13e-4(c)) | ||
| Securities<br>registered pursuant to Section 12(b) of the Exchange Act:<br>None. | |||
| Title<br>of each class | Trading<br>Symbol(s) | Name of<br>each exchange on which registered | |
| Indicate<br>by check mark whether the registrant is an emerging growth company<br>as defined in Rule 405 of the Securities Act of 1933 (Section<br>230.405 of this chapter) or Rule 12b-2 of the Securities Exchange<br>Act of 1934 (Section 240.12b-2 of this chapter). | |||
| Emerging<br>growth company [ ] | |||
| If an<br>emerging growth company, indicate by check mark if the registrant<br>has elected not to use the extended transition period for complying<br>with any new or revised financial accounting standards provided<br>pursuant to Section 13(a) of the Exchange Act.<br>[ ] |
ITEM 8.01—OTHER EVENTS
We are filing this Current Report on Form 8-K to indicate our reliance on the Order of the U.S. Securities and Exchange Commission (Release No. 34-88465) in connection with filing our Quarterly Report on Form 10-Q for the quarter ended March 31, 2020, as a result of the circumstances set forth below.
The members of our executive team and contract outside accountant live in different cities in Pennsylvania. On March 23, 2020, the Governor of Pennsylvania issued statewide stay-at-home orders to mitigate the spread of COVID-19. Non-life-sustaining physical businesses, like our company, were closed. Individuals have been permitted to leave their residences only for tasks essential to maintaining health and safety. Although some counties in Pennsylvania will begin to reopen on May 8, 2020, Lancaster County, where we are located, is not among them. No date has been set for the stay-at-home order to be lifted in Lancaster County.
Although our management team has been able to remotely conduct some of our business, we have not been able to input the financial and other records required to generate financial statements. Accordingly, in reliance upon the Order, we expect to file Form 10-Q for the quarter ended March 31, 2020, approximately 45 days after May 14, 2020.
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.
| OCEAN THERMAL ENERGY CORPORATION | ||
|---|---|---|
| Dated:<br>May 5, 2020 | By: | /s/<br>Jeremy P. Feakins |
| Jeremy<br>P. Feakins | ||
| Chief<br>Executive Officer |