ILAL Series B Preferred Stock investment
Company: CleanSpark
The claim, verbatim
Company purchased 1,000 shares of Series B Preferred Stock of ILAL for $500,000
Source (primary)
CleanSpark 10-K filed 2019-12-16 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “the Company purchased 1,000 shares of Series B Preferred Stock (the 'Preferred Stock') of ILAL for an aggregate purchase price of US $500,000.00”
How we checked this
Checked on September 23, 2026. The cited source supports every part of this claim.
The 10-K describes the November 6, 2019 Securities Purchase Agreement under which the Company bought 1,000 ILAL Series B Preferred shares for $500,000.
Confirmed in the source:
- The Company purchased 1,000 shares of ILAL Series B Preferred Stock
- The aggregate purchase price was $500,000, less certain expenses and fees
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/827876/000166357719000420/clsk.htm) in full (282,479 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms CleanSpark 10-K filed 2019-12-16
Quote: “the Company purchased 1,000 shares of Series B Preferred Stock (the 'Preferred Stock') of ILAL for an aggregate purchase price of US $500,000.00”