Enviro Technologies U S : Statement of Changes in Beneficial Ownership - Form 4
September 16, 2022 at 04:10 pm
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Ownership Submission
FORM 4
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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(**)
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(1)
Effective September 6, 2022,the Issuer completed the Share Exchange Agreement (the "Agreement") with Banner Midstream Corp., a Delaware corporation ("Banner Midstream") and Ecoark Holdings, Inc., a Nevada corporation ("Ecoark") and the sole shareholder of Banner Midstream. Pursuant to the terms of the Agreement, Ecoark acquired 12,996,958 shares of the Issuer's common stock in exchange for 100% of the issued and outstanding shares of Banner Midstream.
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Enviro Technologies US Inc. published this content on 16 September 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 September 2022 20:09:03 UTC.
Wolf Energy Services Inc., through its wholly owned subsidiary, Banner Midstream Corp., has two operating subsidiaries: Pinnacle Frac Transport LLC (Pinnacle Frac) and Capstone Equipment Leasing LLC (Capstone). Pinnacle Frac provides transportation of frac sand and logistics services to hydraulic fracturing and drilling operations. Pinnacle Frac provides logistics services for its customersâ fracking and drilling enterprises, including the operation of a 24/7 dispatch service center based in Texas through which Banner Midstream dispatches trucks for hauling frac sand and related equipment. Pinnacle Frac uses independent third-party owner-operators of trucks to service its customers in their fracking operations by transporting materials, mainly frac sand. Pinnacle Frac uses a third partyâs licensed software, Sandbox, to monitor and execute its transportation and logistics operations. Capstone procures and finances equipment for oilfield transportation service contractors.