ILAL partnership MOU
Company: CleanSpark
What the later record shows
Outcome not yet confirmed
Later filings only restate the MOU terms. As late as 2023 they say the company 'expects to deploy' energy solutions to ILAL. No passage says the feasibility studies, exclusive sales or support services happened.
“the parties will work in good faith and pursue the following priorities over the next twelve (12) months: 1) The Company will perform feasibility studies”
2020-08-03 · CleanSpark 10-Q filed 2020-08-04 View cached copy (2026-09-13)Live source ↗
“to lay a foundational framework where the Company expects to deploy its energy solutions across the portfolio of ILAL, including its energy projects, and its customers”
2023-02-08 · CleanSpark 10-Q filed 2023-02-09 View cached copy (2026-09-13)Live source ↗
Checked October 9, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
Company will perform feasibility studies for microgrid energy solutions, ILAL will exclusively sell company's products and services and include mPulse DER Energy Manager in off-grid energy project bids, company will provide on-site testing, training, and support services to ILAL projects; parties to work in good faith over the next twelve months
Source (primary)
CleanSpark 10-K filed 2019-12-16 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “Pursuant to the terms of the MOU, the parties will work in good faith and pursue the following priorities over the next twelve (12) months: 1) The Company will perform feasibility studies to outline the details and scope of developing microgrid energy solutions to support ILAL projects. 2) ILAL will (a) exclusively sell the Company's products and services as part of ILAL's power solution for its offering of off-grid properties, and (b) include the Company's mPulse DER Energy Manager within the off-grid energy project bids; 3) The Company will provide on-site testing, training, and support services to ILAL's projects and operations”
How we checked this
Checked on October 11, 2026. The cited source supports every part of this claim.
The 10-K lists each of these MOU priorities and the twelve-month good-faith commitment. The filing limits ILAL's exclusive selling to its power solution for off-grid properties.
Confirmed in the source:
- Under the ILAL MOU, CleanSpark will perform feasibility studies on developing microgrid energy solutions to support ILAL projects
- Under the MOU, ILAL will exclusively sell CleanSpark's products and services as part of ILAL's power solution for its off-grid property offering
- Under the MOU, ILAL will include CleanSpark's mPulse DER Energy Manager in off-grid energy project bids
- Under the MOU, CleanSpark will provide on-site testing, training, and support services to ILAL's projects and operations
- The parties will work in good faith to pursue these priorities over the next twelve months
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: “Pursuant to the terms of the MOU, the parties will work in good faith and pursue the following priorities over the next twelve (12) months: 1) The Company will perform feasibility studies to outline the details and scope of developing microgrid energy solutions to support ILAL projects. 2) ILAL will (a) exclusively sell the Company's products and services as part of ILAL's power solution for its offering of off-grid properties, and (b) include the Company's mPulse DER Energy Manager within the off-grid energy project bids; 3) The Company will provide on-site testing, training, and support services to ILAL's projects and operations”