# EDGAR Filing Document

**Accession Number:** 0001527102
**File Stem:** 0001213900-23-024732
**Filing Date:** 2023-3
**Character Count:** 12619
**Document Hash:** 33f9561d753bf7db3073562c234cadaf
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001213900-23-024732.hdr.sgml**: 20230330

**ACCESSION NUMBER**: 0001213900-23-024732

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 15

**CONFORMED PERIOD OF REPORT**: 20230330

**ITEM INFORMATION**: Regulation FD Disclosure

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20230330

**DATE AS OF CHANGE**: 20230330

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Evergreen Sustainable Enterprises, Inc.
- **CENTRAL INDEX KEY:** 0001527102
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-BUSINESS SERVICES, NEC [7389]
- **IRS NUMBER:** 263119496
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 000-55019
- **FILM NUMBER:** 23781633

**BUSINESS ADDRESS:**
- **STREET 1:** 8533 MIDWAY RD.
- **CITY:** DALLAS
- **STATE:** TX
- **ZIP:** 75209
- **BUSINESS PHONE:** (469) 209-6154

**MAIL ADDRESS:**
- **STREET 1:** P.O. BOX 540308
- **CITY:** DALLAS
- **STATE:** TX
- **ZIP:** 75354

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Generation Hemp, Inc.
- **DATE OF NAME CHANGE:** 20191209

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Home Treasure Finders, Inc.
- **DATE OF NAME CHANGE:** 20110801

?xml version="1.0" encoding="utf-8"?

 **UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM 8-K**

**CURRENT REPORT**

**Pursuant to Section 13 or 15(d)**

**of the Securities Exchange Act of 1934**

**March 30, 2023**

**Date of Report (Date of earliest event reported)**

**Evergreen Sustainable Enterprises, Inc.**

**(Exact name of registrant as specified in its charter)**

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| | | |
|:---|:---|:---|
| **Delaware** | **000-55019** | **26-3119496** |
| (State or other jurisdiction <br> of incorporation) | (Commission File Number) | (I.R.S. Employer <br> Identification No.) |

---

---

| | |
|:---|:---|
| **8533 Midway Road, Dallas, Texas** | **75209** |
| (Address of principal executive offices) | (Zip Code) |

---

**<u>(469) 209-6154</u>**

(Registrant's telephone number, including area code)

**Generation Hemp, Inc.**

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Securities registered pursuant to Section 12(b) of the Act:

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| | | |
|:---|:---|:---|
| **Title of each class** | **Trading Symbol(s)** | **Name of each exchange on which registered** |

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**CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS**

 

*This Current Report on Form 8-K and other reports filed by us from time to time with the Securities and Exchange Commission (collectively the "<u>Filings</u>") contain or may contain forward-looking statements and information that are based upon beliefs of, and information currently available to, our management as well as estimates and assumptions made by our management. When used in the filings the words "anticipate", "believe", "estimate", "expect", "future", "intend", "plan" or the negative of these terms and similar expressions as they relate to us or our management identify forward looking statements. Such statements reflect the current view of our management with respect to future events and are subject to risks, uncertainties, assumptions and other factors (including the risks contained in the section of this report entitled "Risk Factors") as they relate to our industry, our operations and results of operations, and any businesses that we may acquire. Should one or more of the events described in these risk factors materialize, or should our underlying assumptions prove incorrect, actual results may differ significantly from those anticipated, believed, estimated, expected, intended or planned.*

 

*Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. Except as required by applicable law, including the U.S. federal securities laws, we do not intend to update any of the forward-looking statements to conform them to actual results. The following discussion should be read in conjunction with our pro forma financial statements and the related notes that will be filed herein.*

**Item 7.01 Regulation FD Disclosure.**

On March 30, 2023 the Company issued a press release announcing the Ticker Symbol Change from GENH to EGSE. A copy of the press release is furnished as Exhibit 99.1 hereto.

The information furnished pursuant to this Item 7.01 and the accompanying Exhibit 99.1 shall not be deemed to be "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liability of that section. Further, the information in this Item 7.01 and Exhibit 99.1(i) will not be deemed an admission as to the materiality of any information herein (including Exhibit 99.1) and (ii) is not to be incorporated by reference into any filings of the Company.

**Item 9.01 Financial Statements and Exhibits.**

&nbsp;&nbsp;&nbsp;&nbsp;(d) *Exhibits* 

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| | |
|:---|:---|
| **Exhibit No.** | **Description of Exhibit** |
| 99.1 | [Press Release dated March 30, 2023 of the Company](ea176124ex99-1_evergreen.htm) |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). |

---

**SIGNATURE**

Pursuant to the requirements of the Securities Exchange Act of 1934, Evergreen Sustainable Enterprises, Inc. has duly caused this current report to be signed on its behalf by the undersigned hereunto duly authorized.

---

| | | |
|:---|:---|:---|
|  | **EVERGREEN SUSTAINABLE ENTERPRISES, INC.** | **EVERGREEN SUSTAINABLE ENTERPRISES, INC.** |
| Date: March 30, 2023 | By: | /s/ Gary C. Evans |
|  |  | Gary C. Evans |
|  |  | Chief Executive Officer |

---

## Exhibit 99.1

**Exhibit 99.1**

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| | |
|:---|:---|
| ![](ex99-1_001.jpg) | ![](ex99-1_002.jpg) |

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**GENERATION HEMP, INC. ANNOUNCES <br> CORPORATE NAME CHANGE TO<br> EVERGREEN SUSTAINABLE ENTERPRISES, INC.**

***NEW TICKER SYMBOL "EGSE"***

**GENERATION HEMP NAME AND OPERATIONS <br> CONTINUE AS A WHOLLY-OWNED SUBSIDIARY**

DALLAS, TX – March 30, 2023, Generation Hemp, Inc., a Dallas/Fort Worth based sustainable asset company (OTCQB: Formerly GENH), today announced that the company recently filed with the State of Delaware, an amendment to its certificate of incorporation changing its formal name to Evergreen Sustainable Enterprises, Inc. and has now been granted a new ticker symbol of "EGSE." FINRA has declared an effective date for the name change and new ticker symbol as of the beginning of trading tomorrow, March 31, 2023.

With the Company's strategic direction into sustainable projects, including sustainable energy assets starting with bitcoin mining utilizing hydroelectric power, and its continued operations in the sustainable Hemp industry, the new name reflects the Company's combined vision and mission. All existing operations of Generation Hemp will continue to be maintained as a fully operating wholly-owned subsidiary, with all existing full-time personnel to remain in place at both the corporate and subsidiary levels.

Gary C. Evans, Chairman and CEO of Evergreen Sustainable Enterprises, Inc. commented, "The changes we have announced today are significant from a future direction and diversification perspective. We see the continued development in sustainable industries to be a climate changing event and in the best interest of our shareholders. This new name more broadly and explicitly reflects our mission and defines what we are doing and plan to do in the future."

The research and development of using hemp for greener Bitcoin mining led to a discovery of additional, valuable opportunities for the company and our shareholders. A unique and untapped niche in the Bitcoin mining space, along with fortuitous timing with a downturn in the overall markets for cryptocurrency, created a unique opportunity that we were positioned to capitalize on with existing management expertise. With a seasoned team already managing hemp operations, the choice was made to reallocate a portion of the company's resources to the Bitcoin mining opportunities we continue to develop, while also exploring how to utilize hemp and other sustainable sources for green energy where it's urgently needed, given climate considerations.

**<u>Blockchain is Becoming Mainstream</u>**

Blockchain is the digital system and framework where cryptocurrency like Bitcoin and countless other secure digital processes operate within or are migrating to. The blockchain market is worth over $11 Billion today and is predicted to reach $165 Billion by 2029. That is an outstanding +1500% surge in value. Bitcoin has already surpassed Visa's market cap to be the 11th-largest asset in the world.

● Large and powerful institutions like JP Morgan, HSBC, Goldman Sachs, BlackRock and Fidelity have started investing and using blockchain as a part of their operations.

● Amazon Web Services is integrating blockchain to provide high-powered solutions to corporations, institutions, and governments.

● Visa and Mastercard – the two largest payment platforms worldwide, have decided to incorporate this technology into a number of products. Mastercard already has 89 blockchain patents.

Evans went on to say, "With our two existing hemp hurd product lines, Rowdy Rooster Hemp (animal bedding) and Gas Monkey Spill-Jack (spill absorbent), we also continue our efforts to bring green sustainable choices to consumers of our products. Considering our hemp hurd animal bedding has now seen an increase in revenues that hit a YTD increase of 654% as of March 30<sup>th</sup>, we see that the public is continuing to support our goal of sustainability as well."

**About Evergreen Sustainable Enterprises, Inc. (f/k/a Generation Hemp, Inc)**

Evergreen Sustainable Enterprises, Inc. is a Dallas/Fort Worth based sustainable [green energy] asset company with operations in both the Bitcoin mining industry and the hemp industry. Bitcoin operations are located in Costa Rica, with future development plans in Arkansas and Kentucky and other Costa Rica locations. Hemp operations are located in western Kentucky and Denver, Colorado. In the hemp industry, the company uses its proprietary technology to dry, clean, process and store hemp. In addition, Generation Hemp also owns and leases real estate to companies needing seed storage facilities located within the greater Denver area.

**Forward Looking Statements**

This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The use of words such as "believes", "expects", "anticipates", "intends", "plans", "estimates," "projects", "forecasts", "proposes", "should", "likely" or similar expressions, indicates a forward-looking statement. These statements and all the projections in this press release are subject to risks and uncertainties and are based on the beliefs and assumptions of management, and information currently available to management. The actual results could differ materially from a conclusion, forecast or projection in the forward-looking information. The identification in this press release of factors that may affect the company's future performance and the accuracy of forward-looking statements is meant to be illustrative and by no means exhaustive.

Contact:

Melissa M. Pagen

Evergreen Sustainable Enterprises, Inc.

Phone: (310) 628-2062

Email: **mpagen@egsustainable.com**