GREENWAY TECHNOLOGIES, INC. & SUBSIDIARIES

GW Technologies Inc. researches and develops proprietary gas-to-liquids (GTL) synthesis gas (Syngas) conversion systems and micro-plants. These systems are designed to be scaled for specific gas field production needs. The company's patented G-Reformer unit is a key component that converts natural gas into Syngas. When combined with a Fischer-Tropsch (FT) reactor and catalyst, this process produces fuels such as gasoline, diesel, jet fuel, methanol, and other high-value chemicals. GW Technologies also produces G-Reformers for hydrogen production. G-Reformer units can process various natural gas streams, including pipeline gas, associated gas, flared gas, vented gas, coal-bed methane, and biomass gas. Liquid fuels produced from these sources are incrementally cleaner than conventionally produced oil-based fuels. The company aims to become a significant direct and licensed producer of renewable GTL synthesized gasoline, diesel, jet fuel, high-value chemicals, methanol, and hydrogen, with a near-term focus on U.S. market opportunities. In August 2012, GW Technologies acquired 100% of GIE. GIE holds patents and trade secrets for proprietary technology that converts natural gas into Syngas, based on a process called Fractional Thermal Oxidation (FTO). The company believes the G-Reformer, combined with conventional FT processes, offers an economical and scalable method for converting natural gas to liquid fuels, high-value chemicals, methanol, and hydrogen. GIE filed its first patent for this GTL technology on February 15, 2013, which resulted in U.S. Patent 8,574,501 B1 issued on November 5, 2013. A second patent application covering other design aspects was filed on November 4, 2013.