SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Schedule 13D
(Rule 13d-101)
INFORMATION TO BE INCLUDED IN STATEMENTS
FILED PURSUANT TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(a)
GREENWAY TECHNOLOGIES, INC.
(Name of Issuer)
Common Stock, par value $0.0001 per share
(Title of Class of Securities)
90288A101
(CUSIP Number)
Raymond Wright
8851 Camp Bowie West Boulevard, Suite 240
Fort Worth, Texas 76116
(817) 346-6900
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
January 4, 2017
(Date of Event which Requires Filing
of this Statement)
If the
filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule
13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d(f), or 240.13d(g), check the following box
[_]
.
NOTE: Schedules filed in paper format
shall include a signed original and five copies of the schedule, including all exhibits. See Rule 240.13d-7 for other parties to
whom copies are to be sent.
1
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NAME OF REPORTING PERSON
Raymond Wright
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2
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CHECK THE APPROPRIATE
BOX IF A MEMBER OF A GROUP* (a)
[_]
(b)
[_]
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3
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SEC USE ONLY
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4
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SOURCE OF FUNDS (SEE INSTRUCTIONS)
00 (See Item 3, below)
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5
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CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS
2(d) or 2(e)
[_]
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6
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CITIZENSHIP OR PLACE OF ORGANIZATION
USA
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NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
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7
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SOLE VOTING POWER
17,500,000 shares of the Common Stock of the Issuer
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|
8
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SHARED VOTING POWER
None
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9
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SOLE DISPOSITIVE POWER
17,500,000 shares of the Common Stock of the Issuer
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10
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SHARED DISPOSITIVE POWER
None
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11
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
17,500,000 shares of the Common Stock of the Issuer
|
12
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CHECK BOX IF THE
AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
(SEE INSTRUCTIONS)
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13
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW
(11)
6.36% of the Common Stock of the Issuer
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14
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TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
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Item 1.
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Security and Issuer.
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This statement relates
to the Common Stock of Greenway Technologies, Inc. (the “Issuer”). The principal executive offices of the Issuer are
located at 8851 Camp Bowie West Boulevard, Suite 240, Fort Worth, Texas 76116.
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Item 2.
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Identity and Background.
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Pursuant to Rule 13d-1(k)(1)
of Regulation 13D-G of the General Rules and Regulations under the Securities Exchange Act of 1934, as amended (the “Exchange
Act”), this Schedule 13D Statement is hereby filed by Raymond Wright (the “Reporting Person”), the secretary
and a director of the Issuer. The Reporting Person’s business address is 8851 Camp Bowie West Boulevard, Suite 240, Fort
Worth, Texas 76116. The Issuer’s address is 8851 Camp Bowie West Boulevard, Suite 240, Fort Worth, Texas 76116.
During the last five
years, the Reporting Person (a) has not been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors),
(b) was not party to a civil proceeding of a judicial or administrative body of competent jurisdiction as a result of which was
or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject
to, federal or state securities laws or finding any violation with respect to such laws.
The Reporting Person
is an individual and is the secretary and a director of the Issuer. The Reporting Person is a citizen of the United States of America
and resides in the State of Texas.
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Item 3.
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Source and Amount of Funds or Other Consideration.
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On January 4, 2017,
the Issuer issued to the Reporting Person 10,000,000 shares of the Common Stock of the Issuer as compensation for past services
rendered. The shares were valued at $0.04 per share. Consequently, the deemed value of the shares issued on January 4, 2017,
was $400,000.00. There was no cash payment by the Reporting Person to the Issuer for the shares. As a result of the issuance of
the subject shares, there was no change of control in the Issuer.
Except as described
herein, no arrangements or understandings exist among present or former controlling stockholders with respect to the election of
members of the board of directors of the Issuer and, to the Reporting Person’s knowledge, no other arrangement exists that
might result in a future change of control of the Issuer. The Issuer, for the foreseeable future, will continue to be a “smaller
reporting company,” as defined under the Exchange Act.
The shares issued to
the Reporting Person were issued in reliance upon an exemption from registration pursuant to Section 4(2) of the Securities Act
of 1933, as amended (the “Securities Act”), and Rule 506 of Regulation D promulgated under the Securities Act. The
Reporting Person took the securities for investment purposes without a view to distribution and had access to information concerning
the Issuer and its business prospects, as required by the Securities Act. In addition, there was no general solicitation or advertising
for the purchase of the shares of the Issuer’s Common Stock. The Issuer’s securities were issued only to an accredited
investor and sophisticated investor, as defined in the Securities Act with whom it had a direct personal preexisting relationship,
and after a thorough discussion. Finally, the Issuer’s stock transfer agent has been instructed not to transfer any of such
shares, unless such shares are registered for resale or there is an exemption with respect to their transfer.
The Reporting Person
who received shares of the Issuer’s Common Stock was provided with access to the filings of the Issuer with the SEC, including
the following:
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·
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The Issuer’s annual report to stockholders for the most recent
fiscal year, the definitive proxy statement filed in connection with that annual report, if any, and, if requested by the Reporting
Person in writing, a copy of the Issuer’s most recent Form 10-K under the Exchange Act.
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·
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The information contained in an annual report on Form 10-K under the
Exchange Act.
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·
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The information contained in any reports or documents required to be
filed by the Issuer under sections 13(a), 14(a), 14(c), and 15(d) of the Exchange Act since the distribution or filing of the reports
specified above.
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·
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A brief description of the securities being offered, and any material
changes in the Issuer’s affairs that are not disclosed in the documents furnished.
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Item 4.
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Purpose of Transaction.
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The Reporting Person
acquired his interest in the Issuer solely for investment purposes.
Other than as discussed
below, the Reporting Person has no present plans or proposals that relate to or that would result in any of the following actions:
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·
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The acquisition by any person of additional securities of the Issuer,
or the disposition of securities of the Issuer;
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·
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An extraordinary corporate transaction, such as a merger, reorganization
or liquidation, involving the Issuer or any of its subsidiaries;
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·
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A sale or transfer of a material amount of assets of the Issuer or any
of its subsidiaries;
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·
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Any change in the present board of directors or management of the Issuer,
including any plans or proposals to change the number or term of directors or to fill any existing vacancies on the board;
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·
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Any material change in the present capitalization or dividend policy
of the Issuer;
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·
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Any other material change in the Issuer’s business or corporate
structure;
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·
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Changes in the Issuer’s charter, bylaws or instruments corresponding
thereto or other actions which may impede the acquisition of control of the Issuer by any person;
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·
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Causing a class of securities of the Issuer to be delisted from a national
securities exchange or to cease to be authorized to be quoted in an inter-dealer quotation system of a registered national securities
association;
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·
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A class of equity securities of the Issuer becoming eligible for termination
of registration pursuant to Section 12(g)(4) of the Exchange Act; or
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·
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Any action similar to any of those enumerated above.
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Interest in Securities of the Issuer.
As of January 4,
2017, the Reporting Person may be deemed to be the beneficial owner of 17,500,000 shares of Common Stock of the Issuer, which constituted
approximately 6.36 percent of the outstanding shares of the Common Stock of the Issuer.
Other than the transaction
described in Item 4 above, there have been no transactions in the Common Stock of the Issuer by the Reporting Person during the
last 60 days.
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Item 6.
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Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer.
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Other than as stated
above, to the best knowledge of the Reporting Person, there are no contracts, arrangements, understandings or relationships (legal
or otherwise) between the Reporting Person and any other person with respect to any securities of the Issuer, including but not
limited to, transfer or voting of any of the securities of the Issuer, finder’s fees, joint ventures, loan or option arrangements,
puts or calls, guarantees of profits, division of profits or loss, or the giving or withholding of proxies, or a pledge or contingency
the occurrence of which would give another person voting power or investment power over the securities of the Issuer.
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Item 7.
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Material to be Filed as Exhibits.
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The following exhibits
are filed herewith: None.
SIGNATURE
After reasonable inquiry
and to the best of the knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Dated: July24, 2017.
/S/ Raymond Wright
RAYMOND WRIGHT
Greenway Technologies (QB) (USOTC:GWTI)
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