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International Land Alliance binding Memorandum of Understanding for energy solutions deployment

Company: CleanSpark

Subject kind
partnership
Statement date
2019-12-15
Promised by
2020-11-05
Current status
outcome unconfirmed

What the later record shows

Outcome not yet confirmed

Signing the MOU on November 5, 2019 was already past when stated. The promised 12-month deployment is never reported as done; 2023 filings still describe deployment as expected.

“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 ↗
“On November 5, 2019, the Company entered in a binding Memorandum of Understanding (the “MOU”) with International Land Alliance, Inc. (“ILAL”), a Wyoming corporation”
2023-11-30 · CleanSpark 10-K filed 2023-12-01 View cached copy (2026-08-31)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

On November 5, 2019, CleanSpark entered into a binding MOU with International Land Alliance, Inc. to deploy energy solutions over the next 12 months. Under the MOU, CleanSpark will perform feasibility studies for microgrid energy solutions, ILAL will exclusively sell CleanSpark's products and services, and CleanSpark will provide on-site testing, training, and support services.

Source (primary)

CleanSpark 10-K filed 2019-12-16 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗

Quote: “On November 5, 2019, CleanSpark entered into a binding Memorandum of Understanding (the "MOU") with International Land Alliance, Inc., a Wyoming corporation ("ILAL"), in order to lay a foundational framework where the Company will deploy its energy solutions products and services to ILAL, its energy projects, and its customers. 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 states the November 5, 2019 binding MOU, its energy-solutions deployment purpose, the twelve-month priorities, and each listed obligation. The filing limits ILAL's exclusive selling to its power solution for off-grid properties.

Confirmed in the source:

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: “On November 5, 2019, CleanSpark entered into a binding Memorandum of Understanding (the "MOU") with International Land Alliance, Inc., a Wyoming corporation ("ILAL"), in order to lay a foundational framework where the Company will deploy its energy solutions products and services to ILAL, its energy projects, and its customers. 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”

View cached copy (2026-09-13)Live source ↗

Record of changes

September 14, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
September 15, 2026 — delayed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 9, 2026 — outcome unconfirmed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.