Clean Green Energy LLC entered into a letter of intent to acquire McKenzie Bay International Ltd. (OTCPK:MKBY) in a reverse merger transaction on January 9, 2014. McKenzie Bay has proposed to exchange all of Clean Green Energy's membership units for McKenzie Bay International Stock. After the merger, Clean Green Energy will become the majority owners of McKenzie Bay International. Additionally, McKenzie Bay International will need to enact a reverse stock split and substantially reduce authorized shares to facilitate the merger. As of January 23, 2014, McKenzie Bay International and Clean Green Energy announced the merger details on a joint webinar. Following the completion of the merger, the merged entities will go forward as CGE Energy, Inc. McKenzie Bay International shareholders will receive one CGE Energy, Inc. share for every 25 McKenzie Bay International's shares. With this, the authorized limit of McKenzie Bay International shares will be reduced from the current 300 million to 90 million shares. Current CGE Energy members will receive 50 shares of CGE Energy for each CGE Energy membership unit.

As on December 16, 2014, McKenzie Bay International and Clean Green Energy signed a definitive agreement to merge. The merger will be completed in two phases within the next 90 days. A new leadership board will be enacted, with Bryan Zaplitny assuming the role of President/Chief Executive Officer. By January 31, 2015, the companies will functionally merge, with CGE being acquired by MKBY. The second phase will be completed by February 28, with the 1-for-25 reverse stock split and name change happening at this time. Additionally, the authorized limit of MKBY shares will be reduced from the current 300 million to 90 million shares.

The name change to CGE Energy Inc. shall take place by the end of February 2015. Richard Jones of Jones, Haley & Mottern, P.C. acted as the legal advisor to Clean Green and McKenzie.

Clean Green Energy LLC completed the acquisition of McKenzie Bay International Ltd. (OTCPK:MKBY) in a reverse merger transaction on January 31, 2015. Until end of February, the stock will be traded under the OTC:MKBY ticker symbol. Upon FINRA approving the merger, MKBY's name will be changed to CGE Energy Inc., MKBY shares are reversed 1 for 25, and, FINRA will issue a new ticker symbol and CUSIP number.