Disclosure Statement Pursuant to the Pink Basic Disclosure Guidelines
GREEN AUTOMOTIVE COMPANY
A Nevada corporation
23 Corporate Plaza Drive
Suite 150
Newport beach, California 92660
________________________________
Company Telephone: (949) 852.7362 ________________________________
Company Email:Fluke@greenautomotiveco.com
SIC Code: 5012 - Automobiles, Cusip: 39260A100
Disclosure Statement
For the Year Ended December 31, 2021
As of December 31, 2021, the number of shares outstanding of our Common Stock was 1,045,595,531.
As of September 30, 2021, the number of shares outstanding of our Common Stock was 1,045,595,531.
As of December 31, 2020, the number of shares outstanding of our Common Stock was 1,045,595,531.
Indicate by check mark whether the company is a shell company (as defined in Rule 405 of the Securities Act of 1933 and Rule 12b-2 of the Exchange Act of 1934):
Yes:
No:Indicate by check mark whether the company's shell status has changed since the previous reporting period:Yes:
No:Indicate by check mark whether a Change in Control1 of the company has occurred over this reporting period:Yes:
No:
EXPLANATORY NOTE
The following information is provided as to Green Automotive Company (referred to as "we," "us," "our," the "Issuer" or the "Company", are to the combined business of Green Automotive Company and its subsidiaries). This information is provided pursuant to the Guidelines for Providing Adequate Current Information created by OTC Market Group, Inc, and is intended by the Issuer to be in compliance with Rules 10b-5 and 15c2-11 of the Securities Exchange
Act of 1934, as amended (the "Exchange Act"), and Rule 144 of the Securities Act of 1933 (the "Securities Act").
1 This is not legal advice, and OTC Markets Group makes no assurance that compliance with our disclosure requirements will satisfy any legal requirements.
1 Publication of information pursuant to these Guidelines does not guarantee or ensure that the Company will be designated as having "current information" or eligible for public quotations pursuant to Rule 15c2-11 or any other applicable regulation.
1 OTC Markets Group may require companies with securities designated as Caveat Emptor to make additional disclosures in order to qualify for the Pink Current Information tier.
Until July 19, 2017 (the "Notice Date") the Company was a Fully Reporting Issuer subject pursuant to Rule 12g-4(a)(1) and Rule 12h-3(b)(1)(i) of the requirements of the Securities Exchange Act of 1934 (the "Exchange Act"), at which time we elected to return to filing the necessary disclosure statements and financial statements pursuant to the Alternative Reporting Standards.
All filings submitted while reporting pursuant to Rule 12g-4(a)(1) and Rule 12h-3(b)(1)(i) the Exchange Act, including but limited to all reports filed by the Company (SEC file Number 000-54049, CIK number0001497632), on Form 8-K's, Form 10-K's (containing PCAOB audited financial statements), Form S-1, Beneficial Ownership Reports and the Company's Form 10-Q for the period ended September 30, 2014 ("Prior SEC Filings"), are incorporated herein by reference, except for the discussion of the Company's Business, Products and Services; Company's Facilities; Officers, Directors, and Control Persons and, Third Party Providers subsequent to the Company's Form 10-Q for the quarter ended September 30, 2014, which may be repetitive of the Company's Prior SEC Filings as to be responsive to all requirements of this Disclosure Statement pursuant to the Pink Basic Disclosure Guidelines.
1)Name and address(es) of the issuer and its predecessors (if any)
In answering this item, provide the current name of the issuer any names used by predecessor entities, along with the dates of the name changes.
The Company was originally organized under the laws of the State of Delaware on November 15, 1996, as Royal Acceptance Corporation; on December 20,2007, the Company amended its Certificate of Incorporation and changed its name to Ultimate Sports Entertainment; on February 7, 2008, the Company amended its Certificate of Incorporation and changed its name to GANAS, Corp; effective November 11, 2009 the Company amended its Certificateof Incorporation and changed its name to Green Automotive Company Corporation; and effective September 30, 2011, the Company effected a Change of Domicile, re-incorporating in Nevada and simplifying its name to Green Automotive Company, among other things (the "Re-Incorporation").The Company is active. Detailed information as to all corporate transactions are incorporated herein by reference to the Company's Current Reports on Form 8-K and Quarterly and Annual Reports filed on Form 10-Q and 10-K for the years 2012-2017 pursuant to the Securities Exchange Act of 1934 (the "Exchange Act"), including its Pink Sheet Disclosure Statements filed for the years 2009-2012 and its Pink Sheet Disclosure Statements, as amended, filed from 2012 through the date hereof.
The state of incorporation or registration of the issuer and of each of its predecessors (if any) during the past five years; Please also include the issuer's current standing in its state of incorporation (e.g., active, default, inactive):
Nevada - Active
Describe any trading suspension orders issued by the SEC concerning the issuer or its predecessors since inception:
None
List any stock split, stock dividend, recapitalization, merger, acquisition, spin-off, or reorganization either currently anticipated or that occurred within the past 12 months:
None
The address(es) of the issuer's principal executive office:
23 Corporate Plaza Drive, Suite 150, Newport beach, California 92660
The address(es) of the issuer's principal place of business:
Check box if principal executive office and principal place of business are the same address:
Yes:
☒
No: ☐
Has the issuer or any of its predecessors been in bankruptcy, receivership, or any similar proceeding in the past five years?
Yes: ☐
No: ☒
If this issuer or any of its predecessors have been the subject of such proceedings, please provide additional details in the space below:
2)
N/A
Security Information
Trading symbol:
Exact title and class of securities outstanding: Par or stated value:
Total shares authorized: Total shares outstanding:
Number of shares in the Public Float2: Total number of shareholders of record:
Additional class of securities (if any):
Trading symbol:
Exact title and class of securities outstanding:CUSIP:
Par or stated value: Total shares authorized: Total shares outstanding:
Number of shares in the Public Float2: Total number of shareholders of record:Trading symbol:
Exact title and class of securities outstanding: CUSIP:
Par or stated value: Total shares authorized: Total shares outstanding:
Number of shares in the Public Float2:
GACR | |
Common Stock | |
$0.001 | |
2,000,000,000 as of date: | December 31, 2021 |
1,045,595,531 as of date: | December 31, 2021 |
687,292,183 as of date: | December 31, 2021 |
1,797 as of date: | December 31, 2021 |
None |
Series A Convertible Preferred Stock Not Applicable $0.001
2,000,000 as of date: | December 31, 2021 |
2,000,000 as of date: | December 31, 2021 |
0 as of date: | December 31, 2021 |
158 as of date: | December 31, 2021 |
None |
Series B Convertible Preferred Stock* Not Applicable $0.001 10,000,000
10,000,000 as of date:
0 as of date:
December 31, 2021
December 31, 2021
Total number of shareholders of record:
1 as of date
December 31, 2021
Exact title and class of securities outstanding: CUSIP:
Par or stated value: Total shares authorized: Total shares outstanding:
Number of shares in the Public Float2: Total number of shareholders of record:
Series Y Preferred Stock Not Applicable
$0.001
40,000,000 as of date:
35,562,651 as of date:
0 as of date:
8 as of date:
December 31, 2021
December 31, 2021
December 31, 2021
December 31, 2021
Par or stated value:Trading symbol:
Exact title and class of securities outstanding: Par or stated value:
Total shares authorized: Total shares outstanding:
Number of shares in the Public Float2: Total number of shareholders of record:
Additional class of securities (if any):
Trading symbol:
Exact title and class of securities outstanding:CUSIP:
Par or stated value: Total shares authorized: Total shares outstanding:
Number of shares in the Public Float2: Total number of shareholders of record:Trading symbol:
Exact title and class of securities outstanding: CUSIP:
Par or stated value: Total shares authorized: Total shares outstanding:
Number of shares in the Public Float2:
$0.001
Total shares authorized: 2,000,000,000 shares of $.001 par value Capital Stock of which 1,950,000,000 shares are designated as Common Stock, and 50,000,000 shares are designated as Preferred Stock. The Preferred Stock is currently divided into three (3) Series: 2,000,000 shares are designated Series A Convertible Preferred Stock, 10,000,000 shares are designated as Series B Convertible Preferred Stock all of which are being cancelled, and 40,000,000 shares are designated as Series Y Preferred Stock
GACR Common Stock $0.001
2,000,000,000 as of date: | December 31, 2020 |
1,045,595,531 as of date: | December 31, 2020 |
687,292,183 as of date: | December 31, 2020 |
1,797 as of date: | December 31, 2020 |
None |
Series A Convertible Preferred Stock Not Applicable $0.001
2,000,000 as of date: | December 31, 2020 |
2,000,000 as of date: | December 31, 2020 |
0 as of date: | December 31, 2020 |
158 as of date: | December 31, 2020 |
None |
Series B Convertible Preferred Stock* Not Applicable $0.001 10,000,000
10,000,000 as of date:
0 as of date:
December 31, 2020
December 31, 2020
Total number of shareholders of record:
1 as of date
December 31, 2020
Exact title and class of securities outstanding: CUSIP:
Par or stated value: Total shares authorized: Total shares outstanding:
Number of shares in the Public Float2: Total number of shareholders of record: ______________________________
Series Y Preferred Stock Not Applicable
$0.001
40,000,000 as of date:
35,562,651 as of date:
0 as of date:
8 as of date:
December 31, 2020
December 31, 2020
December 31, 2020
December 31, 2020
Any "person" (as such term is used in Sections 13(d) and 14(d) of the Exchange Act) becoming the "beneficial owner" (as defined in Rule 13d-3 of the Exchange Act), directly or indirectly, of securities of the Company representing fifty percent (50%) or more of the total voting power represented by the Company's then outstanding voting securities.
(i)The consummation of the sale or disposition by the Company of all or substantially all of the Company's assets.
(ii) A change in the composition of the Board occurring within a two (2)-year period, because of which fewer than a majority of the directors are directors immediately prior to such change; or
(iii) The consummation of a merger or consolidation of the Company with any other corporation, other than a merger or consolidation which would result in the voting securities of the Company outstanding immediately prior thereto continuing to represent (either by remaining outstanding or by being converted into voting securities of the surviving entity or its parent) at least fifty percent (50%) of the total voting power represented by the voting securities of the Company or such surviving entity or its parent outstanding immediately after such merger or consolidation.
2 "
Public Float" shall mean the total number of unrestricted shares not held directly or indirectly by an officer, director, any person who is the beneficial owner of more than 10 percent of the total shares outstanding (a "control person"), or any affiliates thereof, or any immediate family members of officers, directors and control persons.
Transfer Agent
Name: Action Stock Transfer Corporation Phone: (801) 274-1088
Email:action@actionstocktransfer.com Address: 2469 E. Fort Union Blvd, Suite 214
Salt Lake City, UT 84121
Is the Transfer Agent registered under the Exchange Act?2 Yes:No:Describe any trading suspension orders issued by the SEC concerning the issuer or its predecessors:
None
List any stock split, stock dividend, recapitalization, merger, acquisition, spin-off, or reorganization either currently anticipated or that occurred within the past 12 months:
None
3) Issuance History
The goal of this section is to provide disclosure with respect to each event that resulted in any direct changes to the total shares outstanding of any class of the issuer's securities in the past two completed fiscal years and any subsequent interim period.
Disclosure under this item shall include, in chronological order, all offerings and issuances of securities, including debt convertible into equity securities, whether private or public, and all shares, or any other securities or options to acquire such securities, issued for services. Using the tabular format below, please describe these events.
A. Changes to the Number of Outstanding Shares
Check this box to indicate there were no changes to the number of outstanding shares within the past two completed fiscal years and any subsequent periods:
Shares Outstanding as of Second Most Recent Fiscal Year End: Date: Opening Balance Date: 12/31/2020 Common: 1,045,595,531 Preferred Series A: 2,000,000 Preferred Series B: 10,000,000 Preferred Series Y: 35,562,651 |
2 To be included in the Pink Current Information tier, the transfer agent must be registered under the Exchange Act.
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Green Automotive Co. published this content on 23 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 April 2022 22:28:06 UTC.