In a recent filing with the Securities and Exchange Commission, Bitech Technologies Corp. (OTC Markets:BTTC) disclosed the unregistered sale of equity securities and the departure of a board member. Effective today, Greg Trimarche has resigned from the company's Board of Directors and from all board committees. According to the filing, Trimarche's resignation was not due to any disagreement regarding the company's operations, policies, or practices.
The Newport Beach-based Bitech Technologies, formerly known as Spine Injury Solutions, Inc., operates within the electric services industry under the organization name 01 Energy & Transportation. The company's fiscal year ends on December 31, and it is incorporated in Delaware with an IRS number of 980187705.
Bitech Technologies has not provided further details on the specifics of the equity securities sale, such as the amount of securities sold or the terms of the transactions. The company's common stock is currently traded on the OTC Markets with a par value of $0.001 per share under the trading symbol BTTC.
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