UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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 reported): October 27, 2014

 

Turbine Truck Engines, Inc.

(Exact name of small business issuer as specified in its charter)

 

Nevada

 

333-109118

 

59-3691650

(State or other jurisdiction of Incorporation)

 

(Commission File Number)

 

(IRS Employer Identification Number)

 

46600 Deep Woods Road, Paisley, Florida 32767

(Address of principal executive offices)

 

386-943-8358

(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 (see General Instruction A.2.)

 

¨ 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 CF$ 240.13e-4(c))

 

 

ITEM 1.02 TERMINATION OF A MATERIAL DEFINITIVE AGREEMENT

 

Turbine Truck Engines, Inc. (“TTE”) entered into a Binding Letter of Intent (LOI) on January 23, 2013 with BluGen, Inc., a California corporation, the terms of which were outlined in the Company’s 8K filed January 29, 2013. Although TTE believes the LOI terminated on its own, TTE elected to send a formal notification of termination to BluGen, Inc. on October 24, 2014.

 

TTE exercised its right to terminate the LOI and all rights and obligations created thereunder, based upon the fact that none of the Steps outlined in the LOI have been completed, and upon the lack of pursuit of those steps or the formalization of a Joint Venture Agreement as provided therein.

 

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS

 

(c) Exhibits

 

None

 

 
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SIGNATURE

 

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. 

 

  Turbine Truck Engines, Inc.  
       
Dated: October 27, 2014 By /s/ Enzo Cirillo  
    Enzo Cirillo, CEO  

 

 

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