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Last $0.0001 USD
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As of 8:10 PM 04/14/15 All times are local (Market data is delayed by at least 15 minutes).

medclean technologies inc (MCLN) Snapshot

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05/28/14 - $0.01
52 Week Low
12/12/14 - $0.0001
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medclean technologies inc (MCLN) Details

MedClean Technologies, Inc. designs and manufactures onsite regulated medical waste processing systems. The company offers MedClean System that enables hospitals and other healthcare providers to convert bio-hazardous regulated medical waste into sterile unrecognizable material suitable for disposal as municipal solid waste. It also provides container and mobile solutions; fixed and custom solutions; and system components, including quiet carts and lifters/tippers. The company was formerly known as Aduromed Industries, Inc. and changed its name to MedClean Technologies, Inc. in January 2009. MedClean Technologies, Inc. was founded in 1997 and is based in Bethlehem, Pennsylvania. It has research and development, and distribution facilities in Bethel, Connecticut.

medclean technologies inc (MCLN) Top Compensated Officers

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Executives, Board Directors

medclean technologies inc (MCLN) Key Developments

MedClean Technologies, Inc Announces Changes to the Management Team

Effective March 21, 2015, Mr. John Accardi, Mr. Jay Bendis and Mr. David Laky resigned from their positions as Chief Executive Officer and Director; Chairman and Director; and Director, respectively, of MedClean Technologies Inc. The resignations of Mr. John Accardi, Mr. Jay Bendis and Mr. David Laky are not the result of any disagreement with the company on any matter relating to the company's operations, policies or practices. Effective March 21, 2015 Mr. Donald Mack was appointed as Chairman, Director, Chief Executive Officer and President of the company and Mr. Phil Allen was appointed Director, Vice President and Treasurer of the company by Unanimous Written Consent of the Board of Directors and Consent to Action by a Simple Majority of the Shareholders of MedClean Technologies Inc. Donald Mack, age 57, previously to MedClean Technologies Inc. has help the position of Chief Executive Officer and Director of three public companies, Child Care Centers of North America Inc. from 1991-1993 and is currently the Chief Executive Officer and Director of DMC Beverage Corp., since December 1, 2012. Phillip Allen previously to MedClean Technologies Inc. has been and Officer and Director of several public companies. He held the position of Chief Executive Officer, President and Chairman of the company Board of Director of Walker Lane Exploration Inc. from July 23, 2013 through November 3, 2014. Since February of 2007, Mr. Allen has served as Founder and President of Strategic Development Partners, a boutique capital consulting firm targeting start-up and development stage companies seeking funding, strategic development planning and marketing assistance.

SEC Revokes Registration Of Registered Securities Of MedClean Technologies

An Administrative Law Judge has issued an Initial Decision of Default as to MedClean Technologies, Inc. The Initial Decision found that the company was issuer of securities registered pursuant to Section 12(g) of the Securities Exchange Act of 1934 (Exchange Act), and the company failed to comply with Section 13(a) of the Exchange Act and Exchange Act Rules 13a-1 and/or 13a-13 by not filing required periodic reports with the Securities and Exchange Commission (SEC). The Initial Decision finds these allegations to be true and revokes the registration of each class of the company’s registered securities, pursuant to Section 12(j) of the Securities Exchange Act of 1934.

SEC Orders Hearings On Registration Suspension Or Revocation Against MedClean Technologies For Failure To Make Required Periodic Filings

Securities and Exchange Commission (SEC or the commission) instituted public administrative proceeding to determine whether to revoke or suspend for a period not exceeding twelve months the registration of each class of the securities of MedClean Technologies, Inc. for failure to make required periodic filings with the Commission. In this Order, the Division of Enforcement (Division) alleges that the company was delinquent in its required periodic filings with the Commission. In this proceeding, instituted pursuant to Exchange Act Section 12(j), a hearing will be scheduled before an Administrative Law Judge. At the hearing, the judge will hear evidence from the Division and the company to determine whether the allegations of the Division contained in the Order, which the Division alleges constitute failures to comply with Exchange Act Section 13(a) and Rules 13a-1 and 13a-13 there under, are true. The judge in the proceeding will then determine whether the registrations pursuant to Exchange Act Section 12 of each class of the securities of the company should be revoked or suspended for a period not exceeding twelve months. The Commission ordered that the Administrative Law Judge in this proceeding issue an initial decision not later than 120 days from the date of service of the order instituting proceeding.


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