Business Context and Reporting Period
This Form 8-K Current Report was filed by LiqTech International, Inc., a Nevada corporation, on June 6, 2012. The report discloses a corporate governance event regarding the appointment of a new director to the Board of Directors.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on personnel changes and does not contain financial performance data.
Material Changes
The Board of Directors increased the authorized number of directors from five (5) to six (6) members. Effective June 6, 2012, Jens Kampmann was appointed to fill the newly created vacancy.
Management Commentary and Background
Mr. Kampmann brings extensive experience in public service and the energy/environmental sectors. His background includes:
- Former Danish Minister for the Environment (1971-1973), Transportation, and Taxation.
- Former Director General of the Danish Environmental Protection Agency.
- Former General Manager of Invest Miljø A/S, a green venture capital vehicle.
- Former board member and Chairman of Sund & Bælt (22 years).
- Board member of DONG Energy AS (2005-2012).
Mr. Kampmann holds an MSc in Economics from Copenhagen University (1962). He is not currently a director of any other company subject to periodic reporting requirements under federal securities laws.
Investor Verification Checklist
- Confirm the effective date of Jens Kampmann's appointment (June 6, 2012).
- Verify the total number of authorized directors is now six (6).
- Review Mr. Kampmann's current board affiliations to ensure no conflicts of interest exist.
- Note that this filing contains no financial updates; refer to the most recent 10-K or 10-Q for financial metrics.