Company ACT Clean Technologies Inc

ACT Clean Technologies, Inc., formerly Advanced Clean Technologies, Inc., is a provider of restructuring strategies, turnaround execution and business development services for emerging and re-emerging public companies. The Company markets its services to individual public companies, hedge funds, institutional investors and banks that have significant exposure in troubled micro-cap public companies. These companies are typically either in operational or financial difficulty and may be in default of lending or equity agreements, and may be facing bankruptcy or liquidation if their operations are not turned around. The Company's operations are conducted in the United States. In January 2008, Turnaround's subsidiary sold its 10% ownership stake in Interactive Nutrition (INII) to INII's parent, Natural Nutrition, Inc. As a result, Natural Nutrition, Inc. owns 100% interest in INII. In November 2009, the Company completed the acquisition of American Petroleum Solutions, Inc.