Annual report pursuant to Section 13 and 15(d)


12 Months Ended
Dec. 31, 2012
Commitments and Contingencies Disclosure [Text Block]

On June 26, 2012, upon the increase to the Company’s authorized common stock, the Company granted Archean Group, in conjunction with a March 2012 joint venture agreement, the right to acquire up to 20% of the outstanding common stock of the Company at a discount to the market price on the date of exercise. Archean had the right to acquire the common stock at a 20% discount to the market price between June 26, 2012 and June 30, 2012. Archean did not exercise this right. Contingent upon the successful commissioning of a pilot plant, Archean also has the right to acquire 20% of the outstanding common stock of the Company at a 15% discount to the market price if the commissioning of the pilot plant occurs prior to March 2013. The Company does not expect the commission of the pilot plant to take place prior to March 2013. On December 18, 2012, Clean Coal sent a notice of termination, effective immediately, to Archean pursuant to the termination provisions of the joint venture agreement based on Archean’s continuing failure to cure non-payment to SAIC.


Clean Coal was served with a statement on or about January 23, 2013 in an international arbitration proceeding titled Beijing Deheng Law Firm v. Clean Coal Technologies, Inc., #x20230033, filed with the China International Economic and Trade Arbitration Commission (“CIETAC”). The Beijing Deheng Law Firm (“Deheng”) has filed a claim against the Company for alleged breach of a Settlement Agreement to pay legal fees and costs in the alleged amount of approximately $115,908 plus fees and costs. The Company intends to contest the claim due to misrepresentations concerning the lack of qualifications of the purported attorney rendering the services as well as apparent conflicts of interest among parties related to Deheng that are currently under investigation by the Company. Clean Coal has accrued an aggregate of $129,375 payable to Deheng as of December 31, 2012 which is included as accounts payable in the balance sheet herein.