Go Green Equipment Inc. entered into a definitive agreement to acquire 81% stake in Cyclone Performance from Cyclone Power Technologies, Inc. (OTCPK:CYPW) and others on July 9, 2018. Under the terms of transaction, Cyclone Power will sell 76% stake for $0.015 million and corporate officers of the company will sell 5% stake. Cyclone Power will receive a one-time cash payment and retain 19% of the company. The transaction was fully funded. Cyclone Power Technologies continue to work closely with our new investors/partners and receiving monthly payments based upon draw schedules and milestones of finishing the engines. After the completion of the transaction, GoGreen Equipment will change the name of the Cyclone Performance. Go Green Energy will be the name of the new entity and be responsible for all of its own operating and reporting expenses. Go Green Energy will own 76% and have full operating control of the company. The transaction is expected to close within the next 30 days.