0000000000-22-011988.txt : 20221216 0000000000-22-011988.hdr.sgml : 20221216 20221103133004 ACCESSION NUMBER: 0000000000-22-011988 CONFORMED SUBMISSION TYPE: UPLOAD PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20221103 FILED FOR: COMPANY DATA: COMPANY CONFORMED NAME: Clean Energy Technologies, Inc. CENTRAL INDEX KEY: 0001329606 STANDARD INDUSTRIAL CLASSIFICATION: MOTORS & GENERATORS [3621] IRS NUMBER: 202675800 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: UPLOAD BUSINESS ADDRESS: STREET 1: 2990 REDHILL AVE CITY: COSTA MESA STATE: CA ZIP: 92626 BUSINESS PHONE: (949) 273-4990 MAIL ADDRESS: STREET 1: 2990 REDHILL AVE CITY: COSTA MESA STATE: CA ZIP: 92626 FORMER COMPANY: FORMER CONFORMED NAME: Probe Manufacturing Inc DATE OF NAME CHANGE: 20050608 LETTER 1 filename1.pdf begin 644 filename1 M)5!$1BTQ+C4*)>+CS],*,2 P(&]B:@H\/"]#;VQO7!E+UA/8FIE8W0O5VED=&@@,30R."],96YG=&@@,S8U+T)I='-097)# M;VUP;VYE;G0@.#X^7M0Q1$1$1$1$1&3"Q\<'QA6_?__&K *98K_? 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M@H&I7_6L,/+^S&2=HF9JA5KYSEWK7Y4^@?D*96YD7!E+T-A=&%L;V6LI+T-R96%T:6]N1&%T92A$.C(P,C(Q,3 S,3(T,C$X M+3 T)S P)RDO4')O9'5C97(H:51E>'2N(#4N-"XU(*DR,# P+3(P,3,@,50S M6%0@0E9"02!<*$%'4$PM=F5R8 %/F2VY M<;8,YUV"-D.4?&+V1?$KR^3_69XR6 ^'7J!"UC>^X%1I(U^+C>LXOE2ALU[- M?1T:YUNU=7[FH[OW3Z'*\-W\07IW3=SE$ET^"M?^L7G$FPS8S$#Z TSMB7L* M96YD')E9@HR.3(R,@HE)45/ "1@H! end TEXT-EXTRACT 2 filename2.txt United States securities and exchange commission logo November 3, 2022 Kambiz Mahdi Chief Executive Officer Clean Energy Technologies, Inc. 2990 Redhill Avenue Costa Mesa, California 92626 Re: Clean Energy Technologies, Inc. Form 10-K for the Fiscal Year Ended December 31, 2021 Filed April 15, 2022 File No. 000-55656 Dear Kambiz Mahdi: We have limited our review of your filing to the financial statements and related disclosures and have the following comments. In some of our comments, we may ask you to provide us with information so we may better understand your disclosure. Please respond to these comments within ten business days by providing the requested information or advise us as soon as possible when you will respond. If you do not believe our comments apply to your facts and circumstances, please tell us why in your response. After reviewing your response to these comments, we may have additional comments. Form 10-K for the Fiscal Year Ended December 31, 2021 General 1. Based on disclosures provided in your Form 10-Q for the quarterly period ended June 30, 2022, we note that the majority of your interim revenues were derived from your newly established reportable segment CETY HK. We further note that CETY HK consists of two business ventures in mainland China, including liquefied natural gas trading operations and a planned joint venture with Shenzhen Gas. Please revise your next Form 10-K for the fiscal year ending December 31, 2022 to provide more specific and prominent disclosures about the legal and operational risks associated with China-based companies. For additional guidance, see the Division of Corporation Finance's "Sample Letter to China-Based Companies" issued by the Staff in December 2021 and CF Disclosure Guidance Topic No. 10, "Disclosure Considerations for China-Based Issuers." Kambiz Mahdi Clean Energy Technologies, Inc. November 3, 2022 Page 2 Notes to Consolidated Financial Statements Note 6 - Intangible Assets, page 52 2. We note your acquisition of "LWL" in November 8, 2021 for $1.5 million of cash and contingent consideration shares and have the following comments: Provide audited financial statements of the acquiree as required by Rule 8-04 of Regulation S-X or tell us in sufficient detail why such financial statements are not required. Tell us the full name of the acquiree and clarify if LWL is the same entity as Jiangsu Huanya Jieneng ( JHJ ). In closing, we remind you that the company and its management are responsible for the accuracy and adequacy of their disclosures, notwithstanding any review, comments, action or absence of action by the staff. You may contact Beverly Singleton at (202) 551-3328 or Andrew Blume at (202) 551- 3254 with any questions. FirstName LastNameKambiz Mahdi Sincerely, Comapany NameClean Energy Technologies, Inc. Division of Corporation Finance November 3, 2022 Page 2 Office of Manufacturing FirstName LastName