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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1307579	Liqtech International Inc	LIQT	Misc Industrial & Commercial Machinery & Equipment (3590)	201431677

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1503199	Jr. Nephi David Nemelka	2662 Stonebury Loop Rd. Springville UT 84663		No	No	Yes	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock, $0.001 Par	Disposition	2012-06-25	2,010,800	$1.75	935,617	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock, $0.001 Par	Common Stock Purchase Warrant	Disposition	2012-06-25	175,000	$0.25	175,000	$1.50

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
960,000	2011-08-24	2016-12-31	No	4	S	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock, $0.001 Par	78,000	Indirect	By McKinley Capital, Inc.
Common Stock, $0.001 Par	40,500	Indirect	By McKinley Enterprises Inc. Profit Sharing Plan
Common Stock, $0.001 Par	391,500	Indirect	By McKinley Capital Inc. Roth 401(k) Plan
Common Stock, $0.001 Par	75,000	Indirect	By Tradeco Corp.

Footnotes

The transaction involved the sale of 1,885,800 shares at a price of $1.75 per share and the transfer of 125,000 shares to a broker-dealer as payment of transaction fees.
These securities are owned by McKinley Capital, Inc., a Utah corporation controlled by the reporting person.
These securities are owned by the Profit Sharing Plan of McKinley Enterprises, Inc., a Utah corporation controlled by the reporting person.
These securities are owned by the Roth 401(k) Plan of McKinley Capital, Inc., a Utah corporation controlled by the reporting person.
These securities are held by Tradeco, Corp., a Utah corporation controlled by the reporting person.
The transaction involved the sale of 175,000 warrants, each entitling the holder to purchase one share of the Issuer's common stock at an exercise price of $1.50 per share, at a sales price of $0.25 per warrant.