UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 20549

FORM 8-K
 
CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES AND EXCHANGE ACT OF 1934

Date of Report (Date of Earliest Event Reported): October 14, 2012

808 Renewable Energy Corporation
(Exact name of registrant as specified in its charter)

Nevada
 
333-184319
 
80-0651522
(State or other jurisdiction
of incorporation)
 
(Commission
File Number)
 
(I.R.S. Employer
Identification No.)
 
13888 Harbor Blvd., Ste. 8A
Garden Grove, CA 92843
(Address of principal executive offices)
(Zip Code)

Registrant's telephone number, including area code:   (714) 891-8282

Not Applicable
(Former name or former address, if changed since last report)
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. below):

o
Written communications pursuant to Rule 425 under the Securities Act (17 CFR.425)

o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 
 
 


 
 

Item 8.01
Other Events

On October 10, 2014, 808 Renewable Energy Corp. issued a press release announcing that its Board of Directors authorized the company to repurchase up to 20,000,000 shares of its common stock in open market transactions. A copy of the press release announcing approval of the share repurchase program is furnished as Exhibit 99.1 to this Current Report on Form 8-K.

The information in this Current Report, including Exhibit 99.1 attached hereto, is furnished pursuant to Item 8.01 of Form 8-K and shall not be deemed to be “filed” for any other purpose, including for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that Section. The information in Item 8.01 of this Current Report, including Exhibit 99.1, shall not be deemed incorporated by reference into any filing of the registrant under the Securities Act of 1933 or the Exchange Act, whether made before or after the date hereof, regardless of any general incorporation language in such filings (unless the registrant specifically states that the information or exhibit in this particular Current Report is incorporated by reference).
 

Item 9.01
Financial Statements and Exhibits.

(d) Exhibits

 
     
Exhibit No.
 
Description
     
99.1
 
Press Release dated October 10, 2014 issued by 808 Renewable Energy Corp.
 
 
 
2

 
 


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.

 
     
 
808 RENEWABLE ENERGY CORP.
     
     
 
By:
/s/ Patrick Carter
   
Patrick Carter
   
Secretary and CEO
     
Date: October 14, 2014
   
 
 
 
 

 
 
3

 


Exhibit 99.1
 
 

 
808 Renewable Energy Corporation (OTCQX:RNWR) is buying back up to 20 Million shares of its common stock.
 
Oct 10, 2014
 
OTC Disclosure & News Service
 

 
808 Renewable Energy Corporation (OTCQX:RNWR) is buying back up to 20 Million shares of its common stock.
 
 
808 Renewable Energy Corporation (OTCQX:RNWR) is pleased to announce that it has authorized a share buyback program to repurchase up to twenty million shares of its common stock on the open market.
 
 
PR Newswire
GARDEN GROVE, Calif., Oct. 10, 2014
   
 
GARDEN GROVE, Calif., Oct. 10, 2014 /PRNewswire/ -- 808 Renewable Energy Corporation (OTCQX: RNWR) is pleased to announce that the Board of Directors has authorized a share buyback program to repurchase up to twenty million (20,000,000) shares of its common stock on the open market. "We feel that at the current prices and our assets intrinsic and book value we are trading at a deep discount. We will continue to purchase shares until this is no longer the best use of any excess capital that we may have. We continue to be debt free and have no payables or receivables," Patrick Carter, the Company's CEO, states. "We feel our company is in a better position than ever and that with no debt and a low price we are buyers of our own stock at these levels."
 
808 Renewable Energy currently owns and operates 22 CHP energy systems in 6 sites spread across San Francisco Bay Area and Southern California. The Company is California's leading CHP owner/operator of CHP systems under 1.5 MW, supplying the public and the private sectors with eco-friendly, cost-effective electrical and thermal energy.
 
For further information and updates on 808 Renewable Energy OTCQX: RNWR), its trading status, completed projects and services offered, please visit: www.808renewableenergy.com. 808 Renewable Energy can also be found on Twitter (@808RenewableEnergy), as well as on the Web and Social Media, via the hashtag #WeAreInvested.
 
About 808 Renewable Energy
 
Headquartered in Garden Grove, CA, 808 Renewable Energy bridges the gap between industry and investors with renewable energy investments. 808 Renewable Energy's primary focus, to provide and manage renewable, eco-friendly projects for manufacturing companies and other large facilities, is accomplished by installing or acquiring for clients, cost-free cogeneration, solar and other renewable energy equipment, which lowers energy costs, reduces environmental emissions, and ecological footprint. 808 Renewable Energy is the leading CHP provider in the State of California, with more than 22 CHP systems in public and private buildings.
 
 
 

 
 
Forward Looking Statements
 
Statements contained in this press release may contain forward-looking statements. Any historical facts stated is faithfully represented as of the date these statements are released. Any expectations about the projected production are based on current projection and may substantially change under unforeseen events and/or circumstances in the future. The Company is not obliged to update the forward-looking statements provided for any events that occur or any circumstances that exist after the date this statement are published.
 
 
SOURCE 808 Renewable Energy Corporation
                                                                       
Copyright © 2014 PR Newswire. All Rights Reserved
 

 
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
 

 
 
 
 
 
 


 
 
 
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