Sulphco Inc – SulphCo Announces Amendment to and Exercise of Warrants (June 21st, 2011)Houston, June 20, 2011 (GLOBE NEWSWIRE) -- SulphCo, Inc. (the “Company” or “SulphCo”) (OTCQB: SLPH), a technology company with a patented ultrasound process designed to desulfurize liquid petroleum streams, announced today that it had agreed to amend certain warrants (the “Warrants”) to acquire up to 11,895,098 shares of SulphCo common stock held by two institutional investors (the “Investors”) to (i) reduce the exercise price to $0.02 per share and (ii) where applicable to make the Warrants immediately exercisable. In return, the Investors agreed to immediately exercise the Warrants to acquire 5,947,549 or fifty-percent (50%) of underlying shares. After fees and expenses, net proceeds to the Company will be approximately $102,000.
Sulphco Inc – AMENDMENT NO. 1 TO WARRANTS (June 21st, 2011)This AMENDMENT NO. 1TO WARRANTS (this “Amendment”) is made and entered into as of June 20, 2011, by and between SulphCo, Inc., a Nevada corporation (the “Company” or “SulphCo”), ______________, and _________________ (the “Warrant Holders”).
Sulphco Inc – SulphCo Receives NYSE Amex Notice of Delisting for Non-Compliance (June 7th, 2011)Houston, TX. June 7, 2011 (GLOBE NEWSWIRE) -- SulphCo, Inc. (the “Company” or “SulphCo”) (NYSE-Amex: SUF) announced today, that on June 7, 2011, the Company was notified by the NYSE Amex LLC (the “Exchange”) of the intent of the Exchange to strike the common stock of SulphCo from the Exchange by filing a delisting application with the Securities and Exchange Commission (the “SEC”) pursuant to Section 1009(d) of the NYSE Amex LLC Company Guide (the “Company Guide”).
Sulphco Inc – Re: Securities Purchase Agreement (the "Purchase Agreement") by and between SulphCo, Inc., a Nevada corporation (the "Company"), and the purchasers identified on the signature pages thereto (“Purchasers”), dated February 1, 2011. (February 7th, 2011)We have acted as special Nevada counsel to the Company in connection with the execution and delivery of the Purchase Agreement. Unless otherwise indicated, capitalized terms used herein shall have the meanings ascribed to them in the Purchase Agreement.
Sulphco Inc – SECURITIES PURCHASE AGREEMENT (February 7th, 2011)This Securities Purchase Agreement (this “Agreement”) is dated as of February 1, 2011, between SulphCo, Inc., a Nevada corporation (the “Company”), and each purchaser identified on the signature pages hereto (each, including its successors and assigns, a “Purchaser” and collectively the “Purchasers”).
Sulphco Inc – COMMON STOCK PURCHASE WARRANT SULPHCO, INC. (February 7th, 2011)THIS COMMON STOCK PURCHASE WARRANT (this “Warrant”) certifies that, for value received, _____________ or its assigns (the “Holder”) is entitled, upon the terms and subject to the limitations on exercise and the conditions hereinafter set forth, at any time on or after ___________1 (the “Initial Exercise Date”) and on or prior to the close of business on the five year anniversary of the Initial Exercise Date (the “Termination Date”) but not thereafter, to subscribe for and purchase from SulphCo, Inc., a Nevada corporation (the “Company”), up to ______ shares (as subject to adjustment hereunder, the “Warrant Shares”) of Common Stock. The purchase price of one share of Common Stock under this Warrant shall be equal to the Exercise Price, as defined in Section 2(b).
Sulphco Inc – CAUSE NO. 2008-66743 (July 7th, 2010)NOTICE IS HEREBY GIVEN that a motion for approval of a settlement of the above-captioned shareholder derivative action (the "Lawsuit") has been filed with this Court. As Current SulphCo Shareholders, your interests may be substantially affected by settlement and discontinuance of this litigation, and thus, you are further notified as follows:
Sulphco Inc – SulphCo Announces Validation Agreement with Enterprise Products Operating LLC (June 23rd, 2010)Houston, TX. June 23, 2010 (GLOBE NEWSWIRE) -- SulphCo, Inc. (the “Company” or “SulphCo”) (NYSE-Amex: SUF), a technology company with a patented ultrasound process designed to desulfurize crude oil products and crude oil, announced today that it recently executed a validation agreement (the “Validation Agreement”) with Enterprise Products Operating LLC (“Enterprise”), a wholly owned subsidiary of Enterprise Products Partners L.P.
Sulphco Inc – SUBSCRIPTION AGREEMENT (January 29th, 2010)The undersigned (the "Investor") hereby confirms its agreement with SulphCo, Inc., a Nevada corporation (the "Company") as follows:
Sulphco Inc – FORM OF 2 YEAR WARRANT SULPHCO, INC. WARRANT (January 29th, 2010)SulphCo, Inc., a Nevada corporation (the “Company”), hereby certifies that, for value received, _________________ or its registered assigns (the “Holder”), is entitled to purchase from the Company up to a total of ___________ shares of common stock, $0.001 par value per share (the “Common Stock”), of the Company (each such share, a “Warrant Share” and all such shares, the “Warrant Shares”) at an exercise price equal to $0.70 per share (as adjusted from time to time as provided in Section 9, the “Exercise Price”), at any time and from time to time from and after the date hereof and through and including the two (2) year anniversary of the date hereof (the “Expiration Date”), and subject to the following terms and conditions. This Warrant (this “Warrant”) is one of a series of similar warrants issued pursuant to that certain Subscription Agreement, dated as of the date hereof, by and among the Company and the Purchasers identified therein (the “Subscription Agreement”). All such warrants
Sulphco Inc – PLACEMENT AGENCY AGREEMENT January 25, 2010 (January 29th, 2010)SulphCo, Inc., a Nevada corporation (the "Company"), proposes to offer (the "Offering") an aggregate up to 11,764,706 units (the "Units"), each comprising (i) 1 share of common stock of the Company, par value $0.001 per share ("Common Stock"); (ii) a warrant to purchase 0.5 shares of Common Stock at the price of $0.70 per share; and (iii) a warrant to purchase 0.5 shares of Common Stock at the price of $1.00 per share (collectively, the "Warrants"), at the price of $0.51 per Unit (the "Offering Price") pursuant to an offering registered by the Company under the Securities Act of 1933, as amended (the "1933 Act").
Sulphco Inc – FORM OF 5 YEAR WARRANT SULPHCO, INC. WARRANT (January 29th, 2010)SulphCo, Inc., a Nevada corporation (the “Company”), hereby certifies that, for value received, _________________ or its registered assigns (the “Holder”), is entitled to purchase from the Company up to a total of ___________ shares of common stock, $0.001 par value per share (the “Common Stock”), of the Company (each such share, a “Warrant Share” and all such shares, the “Warrant Shares”) at an exercise price equal to $1.00 per share (as adjusted from time to time as provided in Section 9, the “Exercise Price”), at any time and from time to time from and after the date hereof and through and including the five (5) year anniversary of the date hereof (the “Expiration Date”), and subject to the following terms and conditions. This Warrant (this “Warrant”) is one of a series of similar warrants issued pursuant to that certain Subscription Agreement, dated as of the date hereof, by and among the Company and the Purchasers identified therein (the “Subscription Agreement”). All such warrant
Sulphco Inc – SulphCo Calls Convertible Notes to Strengthen Balance Sheet, Provides Operational Update and Announces Quarterly Investor Call (July 16th, 2009)Houston, TX. July 16, 2009 (GLOBE NEWSWIRE) -- SulphCo, Inc. (the “Company” or “SulphCo”) (NYSE-Amex: SUF), a technology company with a patented ultrasound process designed to desulfurize crude oil products and crude oil, today announced that it intends to call its convertible promissory notes totaling approximately $4.7 million on July 29, 2009, provided an update on operations, including its Technology Agreement with OMV Refining & Marketing GmbH (“OMV”) that was announced on May 12, 2009 and announced plans for its quarterly investor call.
Sulphco Inc – AMENDMENT TO BYLAWS OF SULPHCO, INC. a Nevada Corporation (March 30th, 2009)Pursuant to the approval of the Board of Directors of SulphCo, Inc. (the “Company”) in accordance with the authority provided to the Board of Directors pursuant to Article Nine of the Company’s Amended and Restated Articles of Incorporation and Section 8.1 of the Company’s Amended and Restated Bylaws (the “Bylaws”), effective March 27, 2009 the Bylaws are amended as follows:
Sulphco Inc – EMPLOYMENT AGREEMENT (March 6th, 2009)This EMPLOYMENT AGREEMENT (this “Agreement”) is entered into as of January 9, 2009, by and between SulphCo, Inc., a Nevada corporation (along with its successors and assigns, the “Company”), and Florian J. Schattenmann (“Executive”).
Sulphco Inc – AMENDMENT TO STOCK PURCHASE AGREEMENTS (August 1st, 2008)This Amendment made as of April 18, 2008 relates to the Stock Purchase Agreements entered into as of February 12, 2008, by and among Iroquois Master Fund Ltd. and Ellis Capital LLC (“Buyers”) and Rudolf and Doris Gunnerman (“Gunnerman”).
Sulphco Inc – AMENDMENT NO. 1 TO STOCK OPTION AGREEMENT (August 1st, 2008)This Amendment No. 1 made as of July 9, 2008 relates to the Stock Option Agreement entered into as of February 12, 2008, by and among Iroquois Master Fund Ltd. and Ellis Capital LP as Optionees and Rudolf and Doris Gunnerman as Stockholders.
Sulphco Inc – CONFIDENTIAL SETTLEMENT AGREEMENT AND RELEASE WITH RESERVATION OF RIGHTS (August 1st, 2008)This Settlement Agreement and Release with Reservation of Rights (“Settlement Agreement”), is made and entered into as of July 9, 2008, by and between Mark Neuhaus (“Neuhaus”), and SulphCo, Inc., a Nevada corporation (“SulphCo”). Neuhaus and SulphCo are referred to herein collectively as the “Parties.”
Sulphco Inc – SECOND AMENDMENT TO STOCK PURCHASE AGREEMENT (August 1st, 2008)This Second Amendment made as of July 9, 2008 relates to the Stock Purchase Agreement entered into as of February 12, 2008, by and among Iroquois Master Fund, Ltd. and Ellis Capital LP (“Buyers”) and Rudolf and Doris Gunnerman (“Gunnerman”) as amended pursuant to written agreement dated as of April 18, 2008.
Sulphco Inc – Development and Manufacturing Agreement (August 1st, 2008)SulphCo is engaged in the business of commercializing its patented and proprietary SonocrackingTM process. The SonocrackingTM process is designed to use high power ultrasound to modify the composition and structure of crude oil derived from any source (e.g.,normal crude oil production, tar sands, shale, etc.) and/or crude oil fractions (e.g., diesel, kerosene, etc.), including, without limitation, the upgrading of crude oil and fractions thereof by lowering the density, lowering the viscosity and reducing the sulfur-containing, nitrogen-containing, acid-containing and other undesirable components of crude oil and its fractions. Among the benefits of this upgrading of crude oil is the transformation of sour heavy crude oils into sweeter, lighter crudes, producing more gallons of usable oil per barrel. For purposes of this Agreement, SulphCo’s“Primary Field of Business” shall include (i) the foregoing applications, together with any future benefits yet to be discovered that may be derive
Sulphco Inc – CODE OF BUSINESS CONDUCT AND ETHICS OF SULPHCO, INC. Adopted June 12, 2008 (June 13th, 2008)
Sulphco Inc – SECURITIES PURCHASE AGREEMENT (May 29th, 2008)This Securities Purchase Agreement (this “Agreement”) is dated as of May 27, 2008, among SulphCo, Inc., a Nevada corporation (the “Company”), and each purchaser identified on the signature pages hereto (each, including its successors and assigns, a “Purchaser” and collectively the “Purchasers”); and
Sulphco Inc – SulphCo Raises Approximately $5.1 Million in Warrant Proceeds (May 29th, 2008)This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities. There shall not be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction.
Sulphco Inc – COMMON STOCK PURCHASE AGREEMENT Dated April 30, 2008 by and between SULPHCO, INC. and AZIMUTH OPPORTUNITY LTD. (May 1st, 2008)This COMMON STOCK PURCHASE AGREEMENT, made and entered into on this 30th day of April 2008 (this “Agreement”), by and between Azimuth Opportunity Ltd., an international business company incorporated under the laws of the British Virgin Islands (the “Investor”), and SulphCo, Inc., a corporation organized and existing under the laws of the State of Nevada (the “Company”). Capitalized terms used but not defined herein shall have the meanings ascribed to such terms in Annex A hereto.
Sulphco Inc – AMENDMENT TO BYLAWS OF SULPHCO, INC. a Nevada Corporation (April 15th, 2008)Pursuant to the unanimous approval of the Directors of SulphCo, Inc. (the “Company”) by written consent in lieu of a meeting of the Company’s Board of Directors dated as of April 9, 2008, and in accordance with the authority provided to the Directors pursuant to Article Nine of the Company’s Amended and Restated Articles of Incorporation and Section 8.1 of the Company’s Amended and Restated Bylaws (the “Bylaws”), the Bylaws are amended as follows:
Sulphco Inc – AMENDMENT TO BYLAWS OF SULPHCO, INC. a Nevada Corporation (April 11th, 2008)Pursuant to the unanimous approval of the Directors of SulphCo, Inc. (the “Company”) by written consent in lieu of a meeting of the Company’s Board of Directors dated as of April 9, 2008, and in accordance with the authority provided to the Directors pursuant to Article Nine of the Company’s Amended and Restated Articles of Incorporation and Section 8.1 of the Company’s Amended and Restated Bylaws (the “Bylaws”), the Bylaws are amended as follows:
Sulphco Inc – SulphCo, Inc. (March 14th, 2008)Good afternoon and thanks to everyone for joining us. With me on the call today are Dr. Larry Ryan, SulphCo’s Chief Executive Officer and Mr. Clay Chambers, SulphCo’s Chief Operating Officer. Please note that some of the information you will hear today may consist of forward-looking statements regarding revenue, memoranda of understanding, test results, margins, operating expenses, and future goals. Actual results or trends could differ materially from our forecast. For more information please refer to the risk factors discussed in our Forms 10-K and 10-Q on file with the SEC. SulphCo assumes no obligation to update any forward-looking statements or information as of their respective dates.
Sulphco Inc – SEVERANCE AGREEMENT and GENERAL RELEASE (March 13th, 2008)This SEVERANCE AGREEMENT and GENERAL RELEASE (the “Agreement”) is entered into by and between SulphCo, Inc., a Nevada corporation (along with its successors and assigns, the “Company”) and Brian Savino, an individual residing at 458 Jan Kelly Lane, Houston, TX 77024 (“Executive,” and together with the Company, the “Parties”).
Sulphco Inc – AMENDMENT NO. 2 TO STOCK OPTION AGREEMENTS (March 12th, 2008)This Amendment No. 2 made as of February 12, 2008 relates to the Stock Option Agreements entered into as of April 24, 2007, by and among Optionees identified on Schedule A hereto and Rudolf and Doris Gunnerman as Stockholders.
Sulphco Inc – MODIFICATION AGREEMENT (March 12th, 2008)This Modification Agreement (the “Agreement”) is made as of November 28, 2007 among SulphCo, Inc. (“Maker”) and Ellis Capital LLC, Mayflower Oak LLC, Iroquois Master Fund Ltd., Scot Cohen, Scott Jason Cohen Foundations, Inc., Merav Abbe Irrevocable Trust, Edward G. Rosenblum, Devidas Budrani, Joshua Silverman and Phil Mirabelli (each a “Holder” and collectively “Holders”).
Sulphco Inc – ASSIGNMENT AND CONSENT (March 12th, 2008)WHEREAS, Dr. Rudolf Gunnerman and Doris Gunnerman (collectively “Gunnerman”) on the one hand and Ellis Capital LP and Iroquois Master Fund Ltd. (“Ellis” and “Iroquois”, respectively) on the other hand, entered into as of February 12, 2008, a Stock Purchase Agreement, Stock Option Agreement, Lockup Agreement, Purchase Escrow Agreement, and Stock Option Funds Escrow Agreement (collectively, “Transaction Documents”) in connection with the sale and purchase and option to purchase common stock of Sulphco, Inc. (“Common Stock”); and
Sulphco Inc – STOCK PURCHASE AGREEMENT (March 12th, 2008)This Stock Purchase Agreement (this “Agreement”) is entered into as of February 12, 2008, by and among Rudolf Gunnerman and Doris Gunnerman (“Gunnerman”), and the entities identified on the signature pages hereto, as buyers (each a “Buyer” and collectively “Buyers”).
Sulphco Inc – ESCROW AGREEMENT (March 12th, 2008)This Escrow Agreement (“Agreement”) is dated as of the __ day of February 2008 among Rudolf Gunnerman and Doris Gunnerman, as joint owners, the undersigned stockholders (“Stockholders”) of Sulphco, Inc., a Nevada corporation (the “Company”), Iroquois Master Fund Ltd. (“Iroquois”), Ellis Capital LLC (“Ellis”) (Iroquois and Ellis each a “Purchaser” collectively the “Purchasers”), and Grushko & Mittman, P.C. (the “Escrow Agent”) (each a “Party” and collectivley the “Parties”):
Sulphco Inc – LOCKUP AGREEMENT (March 12th, 2008)This AGREEMENT (the “Agreement”) is made as of the 27th day of February, 2008, by Rudolf Gunnerman and Doris Gunnerman (“Holders”), in connection with their ownership of shares of Sulphco, Inc., a Nevada corporation (the “Company”).
Sulphco Inc – STOCK OPTION FUNDS ESCROW AGREEMENT (March 12th, 2008)This Agreement is dated as of the 12th day of February, 2008 among Rudolf Gunnerman and Doris Gunnerman (“Stockholders”), those parties listed on the signature pages hereto, as purchasers (“Optionees”), and Grushko & Mittman, P.C. (the "Escrow Agent"):
