SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934
January 15, 2011
Date of Report (Date of earliest event reported)
CLEAN POWER CONCEPTS INC.
(Exact name of small business issuer as specified in its charter)
(State or other jurisdiction of incorporation or organization)
Commission File # 000-52035
(Commission File Number)
(IRS Employer Identification Number)
1620 McAra Street, Regina, Saskatchewan, Canada S4N 6H6
(Address of principal executive offices)
(Issuer’s telephone number)
1207 Halifax Street, Regina, SK, Canada S4R 1T7
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
INFORMATION TO BE INCLUDED IN THE REPORT
SECTION 8 – OTHER EVENTS
Item 8.01 – Other Events
On January 21, 2011, the board of Clean Power Concepts Inc. (‘Clean Power’ or the ‘Company’) approved a memorandum of understanding (‘MOU’) signed by management with the Chongqing Grain Group Co., Ltd. (‘CGG) on January 15, 2011.
The MOU sets out plans for a Joint Venture (the ‘JV;) between the Company and CGG for the joint building and managing of a food canola crush plant to be located in Western Canada. The planned capacity of the JV is planned to be 600,000 metric tonnes.
Under the key terms of the MOU, the Company and CGG, as JV partners, agree to:
SECTION 9 – FINANCIAL STATEMENTS AND EXIHIBITS
Item 9.01 – Financial Statements and Exhibits
Exhibit 99.1 – Memorandum of Understanding
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
CLEAN POWER CONCEPTS, INC.
/s/ Michael Shenher
President & CEO, Director
Dated: January 25, 2011