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Greenway Technologies Inc. develops advanced gas-to-liquids (GTL) and gas-to-hydrogen (GTH) technology for converting natural gas and methane into hydrogen, syngas and liquid energy products. Its news commonly centers on the patented G-Reformer® and H-Reformer® systems, modular reformer development, Fischer-Tropsch integration for liquid hydrocarbons, and research work conducted through Greenway Innovative Energy, Inc. with The University of Texas at Arlington.
Company updates also cover prospective commercial arrangements for reformer units and micro-plant systems, customer and representative relationships, board and executive changes, and public-market status, including the completed move of GWTI common stock to the OTCQB Venture Market.
Greenway Technologies, Inc. (OTC: GWTI), an advanced gas-to-liquids (GTL) and gas-to-hydrogen (GTH) technology development company, has announced that its stock has been converted from trading on the OTCQB to Pink Sheet trading. This change occurred due to the company's failure to timely file its Form 10-K for the fiscal year ended December 31, 2023, and Form 10-Q for the quarterly period ended March 31, 2024.
However, GWTI has now filed both reports and is current in its SEC filings. The company is working with a stock broker to file a Rule 15c2-11 Exemption Request Form with FINRA to resume trading on the OTCQB. In the meantime, GWTI will continue trading on the pink sheet platform.
Greenway Technologies, Inc. (OTC: GWTI), an advanced gas-to-liquids and gas-to-hydrogen technology development company, has announced that its stock has been converted from OTCQB to Pink Sheet trading. This change occurred due to the delayed filing of SEC reports for the 2023 Form 10-K and Q1 2024 Form 10-Q. The company has now filed the 2023 Form 10-K and expects to file the Q1 2024 Form 10-Q next week.
To resume trading on OTCQB, GWTI must submit a Rule 15c2-11 Exemption Request Form to FINRA after filing the Q1 2024 Form 10-Q. GWTI's subsidiary, Greenway Innovative Energy, Inc., focuses on developing proprietary GTL and GTH syngas conversion systems for oil and gas field production. The company's patented technology is integrated into its first-generation commercial G-Reformer® unit, which converts natural gas into synthesis gas for various applications.
Greenway Technologies (OTC: GWTI) has announced significant changes to its leadership. Robert Kevin Jones, a major shareholder and creditor, has been elected to the Board of Directors. Concurrently, Kent Harer has resigned from his position as Acting President. The company, based in Arlington, Texas, specializes in advanced gas-to-liquids (GTL) and gas-to-hydrogen (GTH) technology development through its subsidiary, Greenway Innovative Energy.
GWTI's core technology includes the patented G-Reformer® unit, which converts natural gas into synthesis gas. This innovation can be applied to various natural gas streams, producing cleaner fuels like gasoline, diesel, and jet fuel, as well as valuable chemicals. The company's technology also facilitates hydrogen creation without additional processing steps.
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Greenway Technologies, Inc. (OTCQB: GWTI) has announced the issuance of two new patents for its G-ReformerTM technology, enhancing its portfolio in gas-to-liquids (GTL) processes. The patents, No. 11,453,827 and No. 11,608,473, add to the existing six patents related to syngas conversion from natural gas. This innovative technology converts methane, oxygen, and steam into syngas, which can then be transformed into cleaner liquid fuels via Fischer-Tropsch reactors. The G-ReformerTM units can utilize stranded natural gas, potentially increasing energy market efficiency and supporting environmental initiatives.
Greenway Technologies, Inc. (OTCQB: GWTI) announced the issuance of U.S. Patent 10,907,104, the fourth patent for its proprietary G-Reformer™ technology, which converts natural gas into synthesis gas. This new patent enhances previous technology by detailing syngas generation processes. The G-Reformer™ can work with various natural gas types, producing cleaner liquid fuels and valuable chemicals. Co-founder Ray Wright emphasized its potential to support environmentally friendly fuel initiatives. The company aims to scale these technologies for oil and gas production.