GWTI

Our business is led by our Chairman of the Board of Directors, Raymond Wright, Acting President, Doug Cogan, Chief Executive Officer, Robert Kevin Jones, Executive Vice President - Sales and our Chief Financial Officer, Ransom Jones, all of whom are also members of our board of directors (our “ Board of Directors ”).
In order to safeguard against this possibility, on December 8, 2020, the Company announced an exclusive worldwide patent licensing agreement with The University of Texas at Arlington (UTA) for all patent applications currently filed with the Patent and Trademark Office relating to GWTI’s natural gas reforming technologies developed under its sponsored research agreements with UTA.
If we are unable to obtain adequate financing, we may have to curtail business operations, which would have a material negative effect on operating results and most likely result in a lower price per share of Common Stock.
Also, as of the date of this filing, the shares authorized treasury shares are 500 million and there were 462,361,204 issued and outstanding.
Thus, only an additional 37,638,796 treasury shares are available for sale.
At the current share price, the ability to raise a significant amount of funds through the sale of treasury shares is limited.
In order to address this situation, the Company has the ability to authorize additional treasury shares or execute a corporate restructuring.
These actions may require a special shareholder meeting and a positive vote of the shareholders on these matters is not certain. - 9 - Issuance of additional Common Stock in exchange for services or to repay debt would dilute Shareholders’ proportionate ownership and voting rights and could have a negative impact on the market price of our Common Stock.
All of the Company’s filings with the SEC are now current and the stock is now trading on its historical marketplace, the OTCQB.
As of December 31, 2025, we had $14,131,536 total liabilities, all of which is current.
The SEC accepted the letter on September 13, 2023.

Gone since FY2024

Our business is led by our Chairman of the Board of Directors, Raymond Wright, President, Robert Kevin Jones, and our Chief Financial Officer, Ransom Jones, all of whom are also members of our board of directors (our “ Board of Directors ”).
In order to safeguard against this possibility, on December 8, 2020, the Company announced an exclusive worldwide patent licensing agreement with the University of Texas at Arlington (UTA) for all patent applications currently filed with the Patent and Trademark Office relating to GWTI’s natural gas reforming technologies developed under its sponsored research agreement with UTA.
Risks Relating to Our Mining Properties There is very limited risk, financial or otherwise, related to our mining leases and interests at this time.
If we are unable to obtain adequate financing, we may have to curtail business operations, which would have a material negative effect on operating results and most likely result in a lower price per share of Common Stock. - 9 - Issuance of additional Common Stock in exchange for services or to repay debt would dilute Shareholders’ proportionate ownership and voting rights and could have a negative impact on the market price of our Common Stock.
All of the Company’s filings with the SEC are now current.
The Company is currently in the process of filing Form 211 with the Financial Industry Regulatory Authority (“FINRA”).
The information required to be filed is voluminous.
After the filing for Form 211, there is no certainty regarding how much time it will require FINRA to respond to the filing.
OTC Markets has announced the launch of a new market tier.
Effective July 2025, Pink Current will become OTCID, a basic reporting market requiring companies to meet minimal current information disclosures and provide management certification.
Attaining OTCID status requires the Company to submit and application with the OTC and pay certain fees.
The Company plans to file that application and is confident that the application will be approved.
At the same time, the Company will continue to seek approval from FINRA to return to the OTCQB, the Company’s historic trading platform.
As of December 31, 2024, we had $13,026,700 total liabilities, all of which is current.
The SEC accepted the letter on September 13, 2023. - 12 -

Sentence-level comparison of Item 1A in the two most recent 10-Ks (FY2024 ↗, FY2025 ↗). A reworded sentence counts as one dropped and one added, so heavy edits read as low “kept”. Headings and page furniture are stripped; nothing is summarised by a model.

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