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      <div style="DISPLAY: block; TEXT-INDENT: 0pt; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">SECURITIES
  AND EXCHANGE COMMISSION</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Washington,
  D.C. 20549</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">FORM
  S-8</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">REGISTRATION
  STATEMENT</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">UNDER</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">THE
  SECURITIES ACT OF 1933</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">333-141035
  </font>
  
        <div>
          <hr style="COLOR: black" align="center" noshade size="1" width="10%">
        </div>
      </div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(Commission
  file number)</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><img src="renewable_logo.jpg" alt=""></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 18pt; FONT-FAMILY: Times New Roman">New
  Green Technologies, Inc. </font>
  
        <div>
          <hr style="COLOR: black" align="center" noshade size="2" width="30%">
        </div>
      </div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(Exact
  name of registrant as specified in its charter)</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="FONT-WEIGHT: bold">Florida</font></font>
  
        <hr style="COLOR: black" align="center" noshade size="2" width="30%">
      </div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(State or
  other jurisdiction of incorporation or organization)</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;<font style="FONT-WEIGHT: bold">88-0409143</font></font>
  
        <hr style="COLOR: black" align="center" noshade size="2" width="30%">
      </div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(I.R.S.
  Employer Identification No.)</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="FONT-WEIGHT: bold">334 S. Hyde Park Ave., Tampa,
  Florida&#160;&#160;33606</font></font>
  
        <hr style="COLOR: black" align="center" noshade size="2" width="30%">
      </div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;(Address
  of principal executive offices, including zip code)</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">2008
  EQUITY COMPENSATION PLAN </font>
  
        <hr style="COLOR: black" align="center" noshade size="2" width="30%">
      </div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(Full
  title of the plans)</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Craig
  Huffman, Acting Chief Executive Officer</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">New
  Green Technologies, Inc.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="FONT-WEIGHT: bold">334 S. Hyde Park Ave., Tampa,
  Florida&#160;&#160;33606</font></font>
  
        <hr style="COLOR: black" align="center" noshade size="2" width="30%">
      </div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(Name,
  address, including zip code, of agent for service)</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="FONT-WEIGHT: bold">813-944-3185</font></font>
  
        <hr style="COLOR: black" align="center" noshade size="2" width="30%">
      </div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Telephone
  number, including area code, of agent for service</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: justify" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Indicate
  by check mark whether the registrant is a large accelerated filer, an
  accelerated filer, a non-accelerated filer, or a smaller reporting company. See
  the definitions of &#8220;large accelerated filer,&#8221; &#8220;accelerated filer&#8221; and &#8220;smaller
  reporting company&#8221; in Rule 12b2 of the Exchange Act</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: justify" align="justify">
      </div>
      <div>&#160;</div>
      <div align="center">
        <table bgcolor="white" cellpadding="0" cellspacing="0" width="70%">
            <tr>
              <td width="40%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Large accelerated
        filer</font></td>
              <td width="10%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman"><font style="DISPLAY: inline; FONT-FAMILY: wingdings">o</font></font></td>
              <td width="40%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Accelerated
        filer</font></td>
              <td width="10%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman"><font style="DISPLAY: inline; FONT-FAMILY: wingdings">o</font></font></td>
            </tr>
            <tr>
              <td width="40%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
              <td width="10%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
              <td width="40%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
              <td width="10%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
            </tr>
            <tr>
              <td width="40%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Non-accelerated
        filer</font></td>
              <td width="10%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman"><font style="DISPLAY: inline; FONT-FAMILY: wingdings">o</font></font></td>
              <td width="40%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Smaller reporting
        company&#160;</font></td>
              <td width="10%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman"><font style="DISPLAY: inline; FONT-FAMILY: wingdings">x</font></font></td>
            </tr>
            <tr>
              <td width="40%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(Do not check if a
        smaller reporting company)</font></td>
              <td width="10%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
              <td width="40%">&#160;</td>
              <td width="10%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
            </tr>
        </table>
      </div>
      <div>&#160;</div>
      <div style="TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">CALCULATION
  OF REGISTRATION FEE</font></div>
      <div align="center">
        <table bgcolor="white" cellpadding="0" cellspacing="0" width="80%">
            <tr>
              <td valign="bottom" width="20%" style="BORDER-BOTTOM: black 2px solid">
                <div style="TEXT-ALIGN: center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Title of
        </font><font size="2">Securities</font></div>
                <div style="TEXT-ALIGN: center"><font size="2">to be </font><font size="2">Registered (2)</font></div>
              </td>
              <td valign="bottom" width="16%" style="BORDER-BOTTOM: black 2px solid">
                <div style="TEXT-ALIGN: center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Amount </font><font size="2">to be</font></div>
                <div style="TEXT-ALIGN: center"><font size="2">Registered</font></div>
              </td>
              <td valign="bottom" width="22%" style="BORDER-BOTTOM: black 2px solid">
                <div style="TEXT-ALIGN: center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Proposed
        </font><font size="2">Maximum</font></div>
                <div style="TEXT-ALIGN: center"><font size="2">Offering </font><font size="2">Price Per </font><font size="2">Share</font></div>
              </td>
              <td valign="bottom" width="22%" style="BORDER-BOTTOM: black 2px solid">
                <div style="TEXT-ALIGN: center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Proposed
        </font><font size="2">Maximum</font></div>
                <div style="TEXT-ALIGN: center"><font size="2">Aggregate </font><font size="2">Offering </font><font size="2">Price</font></div>
              </td>
              <td valign="bottom" width="20%" style="BORDER-BOTTOM: black 2px solid">
                <div style="TEXT-ALIGN: center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Amount of
        </font><font size="2">Registration</font></div>
                <div style="TEXT-ALIGN: center"><font size="2">Fee</font></div>
              </td>
            </tr>
            <tr>
              <td width="20%">
                <div style="TEXT-ALIGN: center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Common
        Stock</font></div>
                <div style="TEXT-ALIGN: center"><font size="2">$.001 par
      value</font></div>
              </td>
              <td width="16%">
                <div style="TEXT-ALIGN: center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman">1,200,000</font></div>
              </td>
              <td width="22%">
                <div style="TEXT-ALIGN: center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman">0.18</font></div>
              </td>
              <td width="22%">
                <div style="TEXT-ALIGN: center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$216,000</font></div>
              </td>
              <td width="20%">
                <div style="TEXT-ALIGN: center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman">$8.49</font></div>
              </td>
            </tr>
        </table>
      </div>
      <div>&#160;</div>
      <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; FONT-SIZE: 70%; VERTICAL-ALIGN: super">(1)</font>This
  calculation is made solely for the purposes of determining the registration fee
  pursuant to the provisions of Rule 457 under the Securities Act of 1933 and is
  calculated on the basis of the average of the bid and asked price of the common
  stock as of July 18, 2008.</font></div><br>
      <div id="PGBRK" style="MARGIN-LEFT: 0pt; WIDTH: 100%; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
        <div id="FTR">
          <div id="GLFTR" style="WIDTH: 100%" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Times New Roman">&#160;
  </font></div>
        </div>
        <div id="PN" style="PAGE-BREAK-AFTER: always">
          <div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">1</font></div>
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
            <hr style="COLOR: black" noshade size="2">
          </div>
        </div>
        <div id="HDR">
          <div id="GLHDR" style="WIDTH: 100%" align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Times New Roman">&#160;
  </font></div>
        </div>
      </div><br>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">PART
  II</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">INFORMATION
  REQUIRED IN THE REGISTRATION STATEMENT</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; TEXT-DECORATION: underline">ITEM 3. INCORPORATION OF
  DOCUMENTS BY REFERENCE</font></font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: justify" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
  following documents filed by the Company with the Securities and Exchange
  Commission (the "Commission") are hereby incorporated herein by
  reference:</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: justify" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">1. The
  Company&#8217;s Annual Report on Form 10-KSB for the year ended December 31,
  2007.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: justify" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">2. All
  reports filed by the Company with the Commission pursuant to Section 13(a) or
  15(d) of the Exchange Act of 1934, as amended, since the end of the fiscal year
  ended December 31, 2007.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: justify" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">3. The
  description of the Common Stock contained in the Company's registration
  statement filed under the Securities Exchange Act of 1934, including any
  amendment or report filed for the purpose of updating such
  description.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: justify" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">All
  reports and other documents subsequently filed by the Company pursuant to
  Sections 13(a), 13(c), 14, or 15(d) of the Exchange Act prior to the filing of a
  post-effective amendment which indicates that all securities covered by this
  Registration Statement have been sold or which deregisters all
  such&#160;securities then remaining unsold shall be deemed to be incorporated by
  reference herein and to be a part hereof from the date of the filing of such
  reports and documents.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; TEXT-DECORATION: underline">ITEM 4. DESCRIPTION OF
  SECURITIES.</font></font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Not
  applicable.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; TEXT-DECORATION: underline">ITEM 5. INTERESTS OF NAMED
  EXP</font><font style="DISPLAY: inline; TEXT-DECORATION: underline">ERTS AND
  COUNSEL.</font></font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Not
  applicable.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; TEXT-DECORATION: underline">ITEM 6. INDEMNIFICATION OF
  DIRECTORS AND OFFICERS.</font></font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
  Certificate of Incorporation and By-laws of the Company provide that the Company
  shall indemnify to the fullest permitted by Florida law any person whom it may
  indemnify there under, including directors, officers, employees and agents of
  the Company. Such indemnification (other than as ordered by a court) shall be
  made by the Company only upon a determination that indemnification is proper in
  the circumstances because the individual met the applicable standard of conduct
  i.e., such person acted in good faith and in a manner he reasonably believed to
  be in or not opposed to the best interest of the Company. Advances for such
  indemnification may be made pending such determination. Such determination shall
  be made by a majority vote of a quorum consisting of disinterested directors, or
  by independent legal counsel or by the stockholders. In addition, the
  Certificate of Incorporation provides for the elimination, to the extent
  permitted by Florida law, of personal liability of directors to the Company and
  its stockholders for monetary damages for breach of fiduciary duty as
  directors.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Insofar
  as indemnification for liabilities arising under the Securities Act of 1933, as
  amended (the "1933 Act") may be permitted to directors, officers and controlling
  persons of the Company pursuant to the foregoing provisions, or otherwise, the
  Company has been advised that in the opinion of the Securities and Exchange
  Commission such indemnification is against public policy as expressed in the
  Securities Act and is, therefore, unenforceable. In the event that a claim for
  indemnification against such liabilities (other than the payment by the Company
  of expenses incurred or paid by a director, officer or controlling person of the
  Company in the successful defense of any action, suit or proceeding) is asserted
  by such director, officer or controlling person in connection with the
  securities being registered, the Company will, unless in the opinion of its
  counsel the matter has been settled by controlling precedent, submit to a court
  of appropriate jurisdiction the question of whether such indemnification by it
  is against public policy as expressed in the Securities Act and will be
  governed&#160;by the final adjudication of such issue.</font></div>
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      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
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  REGISTRATION CLAIMED.</font></font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Not
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      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
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  EXHIBITS</font></font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt">
      </div>
      <div>&#160;</div>
      <div align="center">
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              <td width="9%" style="BORDER-BOTTOM: black 2px solid"><font style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Number&#160;</font></td>
              <td width="91%" style="BORDER-BOTTOM: black 2px solid"><font style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Description</font></td>
            </tr>
            <tr>
              <td width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman"><a href="exhibit_5-1.htm">5.1</a></font></td>
              <td width="91%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman"><a href="exhibit_5-1.htm">Opinion of Alex R. Stavrou, Esq.</a></font></td>
            </tr>
            <tr>
              <td width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman"><a href="exhibit_10-1.htm">10.1&#160;</a></font></td>
              <td width="91%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman"><a href="exhibit_10-1.htm">2008 Equity Compensation Plan</a></font></td>
            </tr>
            <tr>
              <td width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman"><a href="exhibit_23-1.htm">23.1&#160;</a></font></td>
              <td width="91%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman"><a href="exhibit_23-1.htm">Consent of Alex R. Stavrou, Esq.</a></font></td>
            </tr>
            <tr>
              <td width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman"><a href="exhibit_23-2.htm">23.2&#160;</a></font></td>
              <td width="91%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman"><a href="exhibit_23-2.htm">Consent of <font style="DISPLAY: inline; FONT-SIZE: 10pt">Baumann, Raymondo &amp; Company
        PA</font></a></font></td>
            </tr>
        </table>
      </div>
      <div>&#160;</div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
      <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
        <div id="FTR">
          <div id="GLFTR" style="WIDTH: 100%" align="left">
          </div>
        </div>
        <div id="PN" style="PAGE-BREAK-AFTER: always">
          <div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">2</font></div>
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
            <hr style="COLOR: black" noshade size="2">
          </div>
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        <div id="HDR">
          <div id="GLHDR" style="WIDTH: 100%" align="right">
          </div>
        </div>
      </div>
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      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(1)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;The
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      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">
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  <font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">To
  file, during any period in which offers or sales are being made, a
  post-effective amendment to this registration:</font></div>
      </div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div align="center">
        <table border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">
            <tr valign="top">
              <td style="WIDTH: 82px">
                <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
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              <td style="WIDTH: 48px">
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                <div style="TEXT-ALIGN: justify" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">To
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              </td>
            </tr>
            <tr valign="top">
              <td style="WIDTH: 82px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
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                <div style="TEXT-ALIGN: justify" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">To
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        the&#160;&#160;effective&#160;&#160;date&#160;&#160;of&#160;&#160;the
        Registration Statement (or the most
        recent&#160;&#160;post-effective&#160;&#160;amendment thereof) which,
        individually or
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            </tr>
            <tr valign="top">
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        include any material information with respect to the plan of distribution
        not previously disclosed in the Registration Statement or any material
        change to such information in the Registration
    Statement;</font></div>
              </td>
            </tr>
        </table>
      </div>
      <div align="center">
      </div>
      <div align="center">
      </div>
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  however, that paragraphs (a) (1) and (2) do not apply if the information
  required to be included in a post-effective amendment by those paragraphs is
  contained in periodic reports filed by the Company pursuant to section 13 or
  section 15(d) of the Exchange Act that are incorporated by reference
  herein.</font></div>
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      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: justify" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(b)&#160;&#160;That,&#160;for&#160;the&#160;purpose&#160;of&#160;determining&#160;any&#160;liability&#160;under&#160;the
  Securities&#160;Act&#160;of&#160;1933, each such post-effective amendment shall
  be deemed&#160;to&#160;be a new Registration Statement relating to the
  securities offered&#160;therein,&#160;and&#160;the&#160;offering&#160;of such
  securities at that time
  shall&#160;be&#160;deemed&#160;to&#160;be&#160;the&#160;initial&#160;bona&#160;fide&#160;offering
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  of&#160;the&#160;securities&#160;being&#160;registered&#160;which&#160;remain&#160;unsold&#160;at&#160;the
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  Company hereby undertakes that, for purposes of determining any liability under
  the Securities Act of 1933, each filing of the Company's annual report pursuant
  to Section 13(a) or 15(d) of the Securities Exchange Act of 1934 that is
  incorporated by reference in the Registration Statement shall be deemed to be a
  new Registration Statement relating to the securities offered therein, and the
  offering of such securities at the time shall be deemed to be the initial bona
  fide offering thereof.</font></div>
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  as indemnification for liabilities arising under the Securities Act of 1933 may
  be permitted to directors, officers and controlling persons of the Company
  pursuant to the foregoing provisions, or otherwise, the Company has been advised
  that in the opinion of the Securities and Exchange Commission such
  indemnification is against public policy as expressed in the Act and is,
  therefore, unenforceable. In the event that a claim for indemnification against
  such liabilities&#160;&#160;(other than the payment by the Company of expenses
  incurred or paid by the director, officer or controlling person of the Company
  in the successful defense of any action, suit or proceeding) is asserted by such
  director, officer or controlling
  person&#160;&#160;in&#160;&#160;connection&#160;&#160;with&#160;&#160;the&#160;&#160;securities
  being registered, the Company will,&#160;&#160;unless&#160;&#160;in the opinion
  of the counsel the matter has been settled
  by&#160;&#160;controlling&#160;&#160;precedent, submit to the appropriate
  jurisdiction the question of whether such&#160;&#160;indemnification by it is
  against public policy as expressed
  in&#160;&#160;the&#160;&#160;Act&#160;&#160;and will be governed by the final
  adjudication of such issue.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div><br>
      <div id="PGBRK" style="MARGIN-LEFT: 0pt; WIDTH: 100%; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
        <div id="FTR">
          <div id="GLFTR" style="WIDTH: 100%" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Times New Roman">&#160;
  </font></div>
        </div>
        <div id="PN" style="PAGE-BREAK-AFTER: always">
          <div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">3</font></div>
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
            <hr style="COLOR: black" noshade size="2">
          </div>
        </div>
        <div id="HDR">
          <div id="GLHDR" style="WIDTH: 100%" align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Times New Roman">&#160;
  </font></div>
        </div>
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      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">SIGNATURES</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Pursuant
  to the requirements of the Securities Act of 1933, the registrant certifies that
  it has reasonable grounds to believe that it meets all of the requirements for
  filing on Form S-8 and has duly caused this registration statement to be signed
  on its behalf by the undersigned, thereunto duly authorized, in the City of
  Tampa, State of Florida, on the 21<font style="DISPLAY: inline; FONT-SIZE: 70%; VERTICAL-ALIGN: super">st</font>&#160;day
  of July, 2008.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">NEW GREEN
  TECHNOLOGIES, INC.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"><font style="DISPLAY: inline; FONT-STYLE: italic">By: </font><font style="DISPLAY: inline; FONT-STYLE: italic">/s/ Craig Huffman, </font></font>
  
        <div>
          <hr style="COLOR: black" align="left" noshade size="2" width="20%">
        </div>
      </div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;&#160;&#160;&#160;&#160;&#160;Craig
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        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
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  requirements of the Securities Act of 1933, this registration statement has been
  signed by the following persons in the capacities and on the date indicated.
  </font>
  
          <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">
            <div>&#160;</div>
            <div align="center">
              <table bgcolor="white" cellpadding="0" cellspacing="0" width="100%">
                  <tr>
                    <td width="33%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;Signature</font></td>
                    <td width="33%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;Title&#160;&#160;&#160;&#160;</font></td>
                    <td width="33%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;Date</font></td>
                  </tr>
                  <tr>
                    <td width="33%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
                    <td width="33%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
                    <td width="33%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
                  </tr>
                  <tr>
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                    <td width="33%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;<font style="DISPLAY: inline; FONT-STYLE: italic">CEO,</font> <font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"><font style="DISPLAY: inline; FONT-STYLE: italic">Acting Principal Accounting
        Officer</font></font></font></td>
                    <td width="33%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;July 21,
        2008</font></td>
                  </tr>
                  <tr>
                    <td width="33%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;Craig
        Huffman,</font></td>
                    <td width="33%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;CEO and Acting
        Principal Accounting <font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Officer</font></font></td>
                    <td width="33%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
                  </tr>
                  <tr>
                    <td width="33%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
                    <td width="33%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
                    <td width="33%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
                  </tr>
                  <tr>
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                    <td width="33%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;<font style="DISPLAY: inline; FONT-STYLE: italic">Director</font></font></td>
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        2008</font></td>
                  </tr>
                  <tr>
                    <td width="33%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;James
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                    <td width="33%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;Director</font></td>
                    <td width="33%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
                  </tr>
                  <tr>
                    <td width="33%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
                    <td width="33%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
                    <td width="33%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
                  </tr>
                  <tr>
                    <td width="33%" style="BORDER-BOTTOM: black 2px solid"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;<font style="DISPLAY: inline; FONT-STYLE: italic">/s/&#160;&#160;James
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                    <td width="33%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;<font style="DISPLAY: inline; FONT-STYLE: italic">Director</font></font></td>
                    <td width="33%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;July 21,
        2008</font></td>
                  </tr>
                  <tr>
                    <td width="33%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;James
        Baker,</font></td>
                    <td width="33%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;Director</font></td>
                    <td width="33%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
                  </tr>
              </table>
            </div>
            <div>&#160;</div>
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metadata_documents: [{"type": "S-8", "sequence": "1", "filename": "new_green-s8.htm", "description": "NEW GREEN TECHNOLOGIES, INC. S-8", "secsgml_size_bytes": 47062}]
metadata_filer: {"company-data": {"conformed-name": "NEW GREEN TECHNOLGIES INC.", "cik": "0001108064", "assigned-sic": "4911", "irs-number": "880409143", "state-of-incorporation": "NV", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-152487", "film-number": "08966479"}, "business-address": {"street1": "607A W MARTIN LUTHER KING BLVD", "street2": ",", "city": "TAMPA", "state": "FL", "zip": "33603", "phone": "8189811796"}, "mail-address": {"street1": "607A W MARTIN LUTHER KING BLVD", "street2": ",", "city": "TAMPA", "state": "FL", "zip": "33603"}, "former-company": [{"former-conformed-name": "RENEWABLE ENERGY RESOURCES INC", "date-changed": "20070223"}, {"former-conformed-name": "INTERNAL HYDRO INTERNATIONAL INC", "date-changed": "20040122"}, {"former-conformed-name": "HOME SERVICES INTERNATIONAL INC", "date-changed": "20030513"}]}
text: new_green-s8.htm
  SECURITIES
  AND EXCHANGE COMMISSION
  Washington,
  D.C. 20549
  FORM
  S-8
  REGISTRATION
  STATEMENT
  UNDER
  THE
  SECURITIES ACT OF 1933
  333-141035
  (Commission
  file number)
  New
  Green Technologies, Inc.
  (Exact
  name of registrant as specified in its charter)
  Florida
  (State or
  other jurisdiction of incorporation or organization)
  88-0409143
  (I.R.S.
  Employer Identification No.)
  334 S. Hyde Park Ave., Tampa,
  Florida  33606
  (Address
  of principal executive offices, including zip code)
  2008
  EQUITY COMPENSATION PLAN
  (Full
  title of the plans)
  Craig
  Huffman, Acting Chief Executive Officer
  New
  Green Technologies, Inc.
  334 S. Hyde Park Ave., Tampa,
  Florida  33606
  (Name,
  address, including zip code, of agent for service)
  813-944-3185
  Telephone
  number, including area code, of agent for service
  Indicate
  by check mark whether the registrant is a large accelerated filer, an
  accelerated filer, a non-accelerated filer, or a smaller reporting company. See
  the definitions of "large accelerated filer," "accelerated filer" and "smaller
  reporting company" in Rule 12b2 of the Exchange Act
  Large accelerated
        filer
  o
  Accelerated
        filer
  o
  Non-accelerated
        filer
  o
  Smaller reporting
        company
  x
  (Do not check if a
        smaller reporting company)
  CALCULATION
  OF REGISTRATION FEE
  Title of
  Securities
  to be
  Registered (2)
  Amount
  to be
  Registered
  Proposed
  Maximum
  Offering
  Price Per
  Share
  Proposed
  Maximum
  Aggregate
  Offering
  Price
  Amount of
  Registration
  Fee
  Common
        Stock
  $.001 par
      value
  1,200,000
  0.18
  $216,000
  $8.49
  (1)
  This
  calculation is made solely for the purposes of determining the registration fee
  pursuant to the provisions of Rule 457 under the Securities Act of 1933 and is
  calculated on the basis of the average of the bid and asked price of the common
  stock as of July 18, 2008.
  1
  PART
  II
  INFORMATION
  REQUIRED IN THE REGISTRATION STATEMENT
  ITEM 3. INCORPORATION OF
  DOCUMENTS BY REFERENCE
  The
  following documents filed by the Company with the Securities and Exchange
  Commission (the "Commission") are hereby incorporated herein by
  reference:
  1. The
  Company's Annual Report on Form 10-KSB for the year ended December 31,
  2007.
  2. All
  reports filed by the Company with the Commission pursuant to Section 13(a) or
  15(d) of the Exchange Act of 1934, as amended, since the end of the fiscal year
  ended December 31, 2007.
  3. The
  description of the Common Stock contained in the Company's registration
  statement filed under the Securities Exchange Act of 1934, including any
  amendment or report filed for the purpose of updating such
  description.
  All
  reports and other documents subsequently filed by the Company pursuant to
  Sections 13(a), 13(c), 14, or 15(d) of the Exchange Act prior to the filing of a
  post-effective amendment which indicates that all securities covered by this
  Registration Statement have been sold or which deregisters all
  such securities then remaining unsold shall be deemed to be incorporated by
  reference herein and to be a part hereof from the date of the filing of such
  reports and documents.
  ITEM 4. DESCRIPTION OF
  SECURITIES.
  Not
  applicable.
  ITEM 5. INTERESTS OF NAMED
  EXP
  ERTS AND
  COUNSEL.
  Not
  applicable.
  ITEM 6. INDEMNIFICATION OF
  DIRECTORS AND OFFICERS.
  The
  Certificate of Incorporation and By-laws of the Company provide that the Company
  shall indemnify to the fullest permitted by Florida law any person whom it may
  indemnify there under, including directors, officers, employees and agents of
  the Company. Such indemnification (other than as ordered by a court) shall be
  made by the Company only upon a determination that indemnification is proper in
  the circumstances because the individual met the applicable standard of conduct
  i.e., such person acted in good faith and in a manner he reasonably believed to
  be in or not opposed to the best interest of the Company. Advances for such
  indemnification may be made pending such determination. Such determination shall
  be made by a majority vote of a quorum consisting of disinterested directors, or
  by independent legal counsel or by the stockholders. In addition, the
  Certificate of Incorporation provides for the elimination, to the extent
  permitted by Florida law, of personal liability of directors to the Company and
  its stockholders for monetary damages for breach of fiduciary duty as
  directors.
  Insofar
  as indemnification for liabilities arising under the Securities Act of 1933, as
  amended (the "1933 Act") may be permitted to directors, officers and controlling
  persons of the Company pursuant to the foregoing provisions, or otherwise, the
  Company has been advised that in the opinion of the Securities and Exchange
  Commission such indemnification is against public policy as expressed in the
  Securities Act and is, therefore, unenforceable. In the event that a claim for
  indemnification against such liabilities (other than the payment by the Company
  of expenses incurred or paid by a director, officer or controlling person of the
  Company in the successful defense of any action, suit or proceeding) is asserted
  by such director, officer or controlling person in connection with the
  securities being registered, the Company will, unless in the opinion of its
  counsel the matter has been settled by controlling precedent, submit to a court
  of appropriate jurisdiction the question of whether such indemnification by it
  is against public policy as expressed in the Securities Act and will be
  governed by the final adjudication of such issue.
  ITEM 7. EXEMPTION FROM
  REGISTRATION CLAIMED.
  Not
  applicable.
  ITEM 8.
  EXHIBITS
  Number
  Description
  5.1
  Opinion of Alex R. Stavrou, Esq.
  10.1
  2008 Equity Compensation Plan
  23.1
  Consent of Alex R. Stavrou, Esq.
  23.2
  Consent of
  Baumann, Raymondo & Company
        PA
  2
  ITEM  9.  UNDERTAKINGS.
  (1)           The
  Company hereby undertakes:
  (a)
  To
  file, during any period in which offers or sales are being made, a
  post-effective amendment to this registration:
  (1)
  To
        include any prospectus required by Section 10(a)(3) of the Securities Act
        of 1933;
  (2)
  To
        reflect in the prospectus any facts or events arising after
        the  effective  date  of  the
        Registration Statement (or the most
        recent  post-effective  amendment thereof) which,
        individually or
        in  the  aggregate,  represent  a  fundamental  change  in  the
        information  set  forth  in  the  Registration  Statement;  and
  (3)
  To
        include any material information with respect to the plan of distribution
        not previously disclosed in the Registration Statement or any material
        change to such information in the Registration
    Statement;
  Provided
  however, that paragraphs (a) (1) and (2) do not apply if the information
  required to be included in a post-effective amendment by those paragraphs is
  contained in periodic reports filed by the Company pursuant to section 13 or
  section 15(d) of the Exchange Act that are incorporated by reference
  herein.
  (b)  That, for the purpose of determining any liability under the
  Securities Act of 1933, each such post-effective amendment shall
  be deemed to be a new Registration Statement relating to the
  securities offered therein, and the offering of such
  securities at that time
  shall be deemed to be the initial bona fide offering
  thereof.
  (c) To remove from
  registration by means of post-effective amendment any
  of the securities being registered which remain unsold at the
  termination of the offering.
  (2)           The
  Company hereby undertakes that, for purposes of determining any liability under
  the Securities Act of 1933, each filing of the Company's annual report pursuant
  to Section 13(a) or 15(d) of the Securities Exchange Act of 1934 that is
  incorporated by reference in the Registration Statement shall be deemed to be a
  new Registration Statement relating to the securities offered therein, and the
  offering of such securities at the time shall be deemed to be the initial bona
  fide offering thereof.
  (3)           Insofar
  as indemnification for liabilities arising under the Securities Act of 1933 may
  be permitted to directors, officers and controlling persons of the Company
  pursuant to the foregoing provisions, or otherwise, the Company has been advised
  that in the opinion of the Securities and Exchange Commission such
  indemnification is against public policy as expressed in the Act and is,
  therefore, unenforceable. In the event that a claim for indemnification against
  such liabilities  (other than the payment by the Company of expenses
  incurred or paid by the director, officer or controlling person of the Company
  in the successful defense of any action, suit or proceeding) is asserted by such
  director, officer or controlling
  person  in  connection  with  the  securities
  being registered, the Company will,  unless  in the opinion
  of the counsel the matter has been settled
  by  controlling  precedent, submit to the appropriate
  jurisdiction the question of whether such  indemnification by it is
  against public policy as expressed
  in  the  Act  and will be governed by the final
  adjudication of such issue.
  3
  SIGNATURES
  Pursuant
  to the requirements of the Securities Act of 1933, the registrant certifies that
  it has reasonable grounds to believe that it meets all of the requirements for
  filing on Form S-8 and has duly caused this registration statement to be signed
  on its behalf by the undersigned, thereunto duly authorized, in the City of
  Tampa, State of Florida, on the 21
  st
  day
  of July, 2008.
  NEW GREEN
  TECHNOLOGIES, INC.
  By:
  /s/ Craig Huffman,
  Craig
  Huffman,  CEO
  Pursuant to the
  requirements of the Securities Act of 1933, this registration statement has been
  signed by the following persons in the capacities and on the date indicated.
  Signature
  Title
  Date
  /s/  Craig
        Huffman,
  CEO,
  Acting Principal Accounting
        Officer
  July 21,
        2008
  Craig
        Huffman,
  CEO and Acting
        Principal Accounting
  Officer
  /s/  James
        Thomas,
  Director
  July 21,
        2008
  James
        Thomas,
  Director
  /s/  James
        Baker,
  Director
  July 21,
        2008
  James
        Baker,
  Director
  4