Current Report Filing (8-k)
May 15 2020 - 04:03PM
Edgar (US Regulatory)
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 EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported):
May 15, 2020
TARONIS FUELS,
INC.
(Exact name of registrant as specified in its
charter)
Delaware
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00056101
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32-0547454
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(State or other jurisdiction
of incorporation)
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(Commission
File Number)
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(IRS Employee
Identification No.)
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24980 N. 83rd Avenue, Suite 100
Peoria, Arizona 85383
(Address of principal executive offices) (Zip
Code)
Registrant’s telephone number, including
area code: (866-370-3835)
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):
[ ]
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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[ ]
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Securities registered pursuant to Section 12(b)
of the Act: None
Indicate by check mark whether the registrant
is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2
of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company [ ]
If an emerging growth company, indicate by
check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial
accounting standards provided pursuant to Section 13(a) of the Exchange Act. [ ]
Item 8.01 Other Events.
On May 15, 2020, Taronis
Fuels, Inc. (the “Company”) will be unable to meet the filing deadline for its Quarterly Report on Form 10-Q (“Quarterly
Report”) due to circumstances related to COVID-19. The Company has been unable to overcome the burden of limited access to
its facilities and support staff as a result of COVID-19. The Company’s staff has been mandated to work from home, which
has resulted in unforeseen delays and inefficiencies in the preparation of the Quarterly Report. As a result of COVID-19, the Company
was also forced to delay the filing of its Annual Report on Form 10-K, which has further delayed our ability to meet the filing
deadline for our Quarterly Report.
The
Company is relying on the SEC order under Section 36 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”),
dated March 25, 2020 (Release No. 34-88465) to extend the due date for the filing of the 10-Q until June 30, 2020 (45 days after
the original due date). The Company will work diligently to comply with such requirement but, at this time, management believes
that it will need most, if not all of, the available extension period.
Forward-Looking Statements
Certain of the statements contained in this
Current Report on Form 8-K should be considered forward-looking statements within the meaning of the Securities Act of 1933, as
amended, the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. These forward-looking
statements may be identified by words such as “may,” “will,” “expect,” “intend,”
“anticipate,” “believe,” “estimate,” “plan,” “project,” “could,”
“should,” “would,” “continue,” “seek,” “target,” “guidance,”
“outlook,” “if current trends continue,” “optimistic,” “forecast” and other similar
words. Such statements include, but are not limited to, statements about the Company’s plans, objectives, expectations, intentions,
estimates and strategies for the future, and other statements that are not historical facts. These forward-looking statements are
based on the Company’s current objectives, beliefs and expectations, and they are subject to significant risks and uncertainties
that may cause actual results and financial position and timing of certain events to differ materially from the information in
the forward-looking statements. There may be other factors of which the Company is not currently aware that may affect matters
discussed in the forward-looking statements and may also cause actual results to differ materially from those discussed. In particular,
the consequences of the COVID-19 outbreak to economic conditions and the industry in general and the financial position and operating
results of the Company in particular have been material, are changing rapidly, and cannot be predicted. The Company does not assume
any obligation to publicly update or supplement any forward-looking statement to reflect actual results, changes in assumptions
or changes in other factors affecting these forward-looking statements other than as required by law. Any forward-looking statements
speak only as of the date hereof or as of the dates indicated in the statement.
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.
Date: May 15, 2020
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TARONIS FUELS, INC.
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/s/ Scott Mahoney
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By:
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Scott Mahoney
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Its:
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Chief Executive Officer
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