8-K
Trutankless, Inc. (TKLS)
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) February 4 , 202 1
TRUTANKLESS , INC.
(Exact name of registrant as specified in its charter)
| Nevada | 000-54 219 | 26-2137574 |
|---|
| (State or other jurisdiction<br> <br>of incorporation) | (Commission<br> <br>File Number) | (IRS Employer Identification No.) |
15720 N Greenway Hayden Loop, Suite 2
Scottsdale, Arizona 852 60
(Address of Principal Executive Offices, including zip code)
( 480) 275-7572
(Registrant’s telephone number, including area code)
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:
[ ]Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ]Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ]Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ]Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 7.01 Regulation FD Disclosure
On February 4, 2020 the Company issued a press release providing a business update. A copy of the Company’s press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
Exhibit 99.1 contains forward-looking statements. These forward-looking statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Forward-looking statements are based upon assumptions as to future events that may not prove to be accurate. Actual outcomes and results may differ materially from what is expressed in these forward-looking statements.
The information in this Form 8-K provided under Item 7.01 and Exhibit 99.1 attached hereto are furnished to, but shall not be deemed filed with, the Securities and Exchange Commission or incorporated by reference into the Company’s filings under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended.
Item 9.01 Exhibits
| Exhibit Number | Description |
|---|---|
| 99.1 | Press Release, dated February 4th, 2020, titled “Trutankless, Inc. Announces North American Production” |
2
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.
| TRUTANKLESS, INC. | |
|---|---|
| Date: February 4, 2021 | |
| /s/ Michael Stebbins |
| | By: Michael Stebbins, CEO |
3
ex-991
FOR IMMEDIATE RELEASE
Media Contact:
investors@trutanklessinc.com
480-275-7572
Trutankless, Inc. Announces North American Production
Company enters 2021 with new manufacturing partnership to increase capacity
(PHOENIX) February 4th, 2021 - PHOENIX, /PRNewswire/ -- Trutankless, Inc. (OTCQB: TKLS) manufactures an award-winning line of smart electric tankless water heaters. Trutankless has partnered with Cypress Industries based in Austin, Texas to launch production in North America.
“We expect to see a tremendous improvement in our operating efficiencies along with increased manufacturing capabilities which we expect will yield benefits, especially as we prepare to launch additional products” stated Michael Stebbins, President and CEO, of Trutankless, Inc. "We now have a complete team with the vertically integrated capabilities of Cypress Industries in North America."
“We are confident that the unique products offered by Trutankless are the future and we’re excited to be a part of the plans for growth,” stated Tom Lonsdale, CEO of Cypress Industries. “Our teams spent much of 2020 getting aligned and improving product design for high volume manufacturing.”
Trutankless had a sales backlog at the end of 2020 and the trend is continuing into the first quarter 2021 based on the record orders received. Accordingly, our team has been working with our partners in the wholesale plumbing channel to ensure the best outcome by actively forecasting, sharing information, and helping to meet demand where needed while cultivating additional markets.
This release will be filed today by the Company with the Securities and Exchange Commission as an exhibit to Form 8-K.
About Cypress Industries:
Cypress Industries is a vertically-integrated global contract manufacturer with ISO9001:2015 certification. Cypress has manufacturing facilities in Austin, Texas, Mexico, India and China. Core competencies include PCBA, sheet metal fabrication, high level assembly, wire harnesses, design for manufacturability and value engineering, while multiple manufacturing locations give customers flexibility. Please visit: www.cypressindustries.com
About Trutankless, Inc.:
Trutankless, Inc. (OTCQB: TKLS) is a technology-driven developer of accessible, next-generation home automation and efficiency systems. The Company's primary products are a line of electric tankless water heaters that surpasses traditional tank water heaters in energy efficiency, output, dependability and environmental sustainability. The Company sells its products to plumbing wholesale distributors and dealers throughout the United States. Trutankless, Inc. was founded in 2008 and is headquartered in Scottsdale, Arizona.
Please visit www.trutankless.com or call 855-TO-BUY-TRU.
Connect on social media:
www.houzz.com/pro/trutankless
www.facebook.com/trutankless
www.twitter.com/trutankless
www.youtube.com/trutankless
Forward-Looking Statement: The statements in this press release regarding any implied or perceived benefits from the release by Trutankless of its line of electric tankless water heaters or added key strategic sales and distribution partners are forward-looking statements. Such statements involve risks and uncertainties, including, but not limited to, risks of the key strategic sales and distribution partners ability to sell our product, and effects of legal and administrative proceedings and governmental regulation, especially in a foreign country, future financial and operational results, competition, general economic conditions, and the ability to manage and continue growth.
Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual outcomes may vary materially from those indicated. Important factors that could cause actual results to differ materially from the forward-looking statements we make in this news release include the introduction of new technology, market conditions, and those set forth in reports or documents we file from time to time with the SEC. We undertake no obligation to revise or update such statements to reflect current events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. There is no guarantee that any specific outcome will be achieved. Past performance is not indicative of future results.
SOURCE Trutankless, Inc.