cavitation technologies inc (CVAT) Snapshot

On 02/13/2013, Cavitation Technologies, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.

Cavitation Technologies, Inc. announced that effective November 12, 2012, Mr. N. D. Voloshin was appointed by the Board of Directors of the company as Principal Accounting Officer. West Point Partners, LLC has loaned to the company $185,000 and Mr. Voloshin is a related party in this transaction. Mr. Voloshin has over 20 years of experience in investment banking, business operations and marketing. Prior to joining the company, Mr. Voloshin has worked for several development stage companies in US, Europe and Asia. The scope of his duties was to provide management, supervision, business experience and marketing skills. Effective November 12, 2012, Mr. Igor Gorodnitsky, President of the corporation, and current member of the Board of Directors, has been appointed by the Board of Directors as Secretary of the corporation.

Effective October 22, 2012, R.L. Hartshorn submitted his resignation as Chief Financial Officer and member of the Board of Directors of Cavitation Technologies, Inc./Hydrodynamic Technology, Inc. Mr. Hartshorn's reason for resigning is because of the 3-hour, 110 mile roundtrip drive between his home and CTi in Chatsworth. He agrees to assist the company in a transition to a replacement if mutually agreed.