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As of 8:10 PM 02/25/15 All times are local (Market data is delayed by at least 15 minutes).

turbine truck engines inc (TTEG) Snapshot

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04/22/14 - $0.10
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turbine truck engines inc (TTEG) Details

Turbine Truck Engines, Inc., a development stage company, focuses on the design, development, and testing of turbine truck engine technology in the United States. The company is involved in developing detonation cycle gas turbine engine for heavy-duty highway trucks, as well as for other applications. Turbine Truck Engines, Inc. was founded in 2000 and is headquartered in Paisley, Florida.

1 Employees
Last Reported Date: 04/16/14
Founded in 2000

turbine truck engines inc (TTEG) Top Compensated Officers

Founder, President, Director and Member of Au...
Total Annual Compensation: $52.0K
Compensation as of Fiscal Year 2013.

turbine truck engines inc (TTEG) Key Developments

Turbine Truck Engines Inc. Announces Executive Changes

Turbine Truck Engines Inc. accepted the resignation of Rebecca A. McDonald as the company’s Principal Accounting Officer. There is no known disagreement between the company and Ms. McDonald, as defined in 17 CFR 240.3b-7, on any matter relating to the company’s operations, policies or practices, nor has this Principal Accounting Officer been removed for cause. The company entered into a Principal Accounting Officer agreement with Judith C. Norstrud, CPA to accept the appointment as Principal Accounting Officer for company. Since June 2002, Ms. Norstrud is the owner of Norco Accounting & Consulting Inc.

Turbine Truck Engines, Inc. Announces Management Changes

Turbine Truck Engines Inc. announced that, effective August 13, 2014, Michael Rouse has resigned his position as the company's Chairman of the Board and Chief Executive Officer and that Phyllis Rouse has resigned her position as the company's Secretary-Treasurer and member of the Board of Directors. Michael Rouse will retain his duties and responsibilities as a member of the company's Board of Directors and President. The company also announced that Enzo Cirillo, a majority stakeholder in Turbine Truck Engines, has been appointed to the company's board as its Chairman of the Board. Also, Mr. Cirillo has become TTE's interim Chief Executive Officer, effective immediately, until a permanent replacement has been hired. Additionally, the company's Board of Directors appointed Christopher David, a long-time TTE shareholder, to serve as both a member of the company's Board of Directors and the company's Secretary-Treasurer. Mr. Cirillo is the CEO/President/Owner of a number of private companies doing business, in both Canada and the United States. Mr. David has been a private venture investor for 20 years in both private and public companies. In addition, Mr. David has been an advisor on operational, internal control, marketing and finance matters to numerous small and medium size businesses in the pharmaceutical, bio-tech, television-movie media, real-estate, technology and industrial commodity industries.

Turbine Truck Engines Inc. announced delayed 10-Q filing

On 05/15/2014, Turbine Truck Engines Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.


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