HNO International Reports Director/Officer Changes
Ticker: HNOI · Form: 8-K · Filed: Nov 20, 2024 · CIK: 1342916
Sentiment: neutral
Topics: management-change, corporate-governance
TL;DR
HNO Intl (HNO) filed an 8-K: new directors/officers elected, comp plans updated. Watch for strategy shifts.
AI Summary
HNO International, Inc. filed an 8-K on November 20, 2024, reporting changes in its directors and officers, including the election of new directors and the appointment of certain officers. The filing also includes information on compensatory arrangements for these officers. The company, previously known as Excoin Ltd. and Clenergen Corp, is incorporated in Nevada and operates in the Metal Mining sector.
Why It Matters
Changes in a company's board and executive team can signal shifts in strategy, operational focus, or governance, potentially impacting future performance and investor confidence.
Risk Assessment
Risk Level: medium — Changes in directors and officers, especially without detailed explanations of the reasons, can introduce uncertainty about the company's future direction and stability.
Key Players & Entities
- HNO International, Inc. (company) — Registrant
- November 20, 2024 (date) — Date of earliest event reported
- Excoin Ltd. (company) — Former company name
- Clenergen Corp (company) — Former company name
- Nevada (jurisdiction) — State of incorporation
FAQ
What specific changes were made to the board of directors and officer positions?
The filing indicates the departure of directors or certain officers and the election of new directors, along with the appointment of certain officers. Specific names and roles are detailed within the full filing.
What is the nature of the compensatory arrangements mentioned for the officers?
The filing states that information regarding compensatory arrangements of certain officers is included, but the specifics would be found in the detailed exhibits or sections of the full report.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing was on November 20, 2024.
What were HNO International's previous company names?
HNO International, Inc. was formerly known as Excoin Ltd. and Clenergen Corp.
What industry does HNO International operate in according to its SIC code?
According to its Standard Industrial Classification (SIC) code, HNO International, Inc. operates in METAL MINING [1000].
Filing Stats: 616 words · 2 min read · ~2 pages · Grade level 11.1 · Accepted 2024-11-20 14:35:43
Filing Documents
- hnoi8k1124.htm (8-K) — 28KB
- 0001262463-24-000107.txt ( ) — 195KB
- hnoi-20241120.xsd (EX-101.SCH) — 3KB
- hnoi-20241120_lab.xml (EX-101.LAB) — 33KB
- hnoi-20241120_pre.xml (EX-101.PRE) — 24KB
- hnoi8k1124_htm.xml (XML) — 3KB
02 Departure of Directors or Principal
Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officer On November 20, 2024, the Company accepted the resignation from Paul Mueller as the Company's Chief Executive Officer, President and Secretary. Effective on the same date to fill the vacancies created by Mr. Mueller's resignation, the Company appointed Donald Owens, Chairman of the Board of Directors, as the Company's Chief Executive Officer, President and Secretary. Biographical Information for Donald Owens Donald Owens founded HNO Green Fuels, Inc. on June 5, 2011, and has been serving as its Chairman and President from June 2011 to the present. As Chairman and President of HNO Green Fuels, Inc. Mr. Owens creating a customized hydrogen solution for reducing emissions in internal combustion engines and secured 19 US patents and 3 International Patents for this technology. HNO Green Fuels, Inc. is an affiliate of HNO International, Inc. Mr. Owens, appointed Chairman of the Board of Directors of HNO International, Inc. on April 30, 2021, continues to actively serve in this capacity. Previously, in the late 1990s, Mr. Owens' was Chairman and CEO of Business Internet Systems. In July 1998, he launched a first-of-a-kind online platform that serviced the major business card printing needs of the US Congress, Branches of The Executive Office, and The Department of State. He was also actively involved in early web and networked database optimization for massive clients such as the US Census Bureau. Mr. Owens began his career in 1985 as a patent attorney for Western Electric and Bell Labs after attaining his law degree from Georgetown University. He received an engineering degree at General Motors Institute (now Kettering University). Item 9.01. Financial Statements and Exhibits. Exhibit Number Description 104 Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101). 2
SIGNATURES
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. HNO International, Inc. (Registrant) Date: November 20, 2024 By: /s/ Donald Owens Donald Owens Chief Executive Officer 3