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Abakan Inc (ABKI)

Abakan Inc (ABKI)
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Abakan Inc. formerly known as Waste to Energy Group Inc. was incorporated in the state of Nevada on June 27, 2006. It entered into an Agreement and Plan of Merger on November 6, 2009 with Waste to Energy Group Inc. according to the agreement Abakan Inc. merged with and into Waste to Energy Group Inc. with Waste to Energy Group Inc. remaining as the surviving corporation under the name Abakan Inc. Waste to Energy Group Inc., was formerly known as Your Digital Memories Inc., which was incorporated in the state of Nevada on August 13, 2008. The Company is an advanced surface modification systems and technologies provider that is forming a vertically integrated wear and corrosion coating prevention business. It is a shareholder in MesoCoat, a Company that has developed a coating that extends the useful life of oil pipelines and bridges from 20 to 100 years. It is in the process of building a diversified, patented product platform that consists of environmentally friendly coating compositions and breakthrough methods of applying coatings to large surface areas. With lower cost materials and application process, and longer lasting coatings that are non-toxic, it has made significant in-roads with marquee clients spanning Fortune 500 corporations, military organizations and other branches of the government. The transformational nature of this coating has been recognized by the National Institute of Standards and technology (NIST) with a $1.7 million grant and multiple R&D 100 awards.
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