Acquisition of downdraft gasifier patents and equipment
Company: CleanSpark
The claim, verbatim
Acquired intellectual property rights to two patents related to Parallel Path Downdraft Gasifier and a 32-inch Downdraft Gasifier equipment, assuming $156,900 in liabilities
Source (primary)
CleanSpark 10-Q filed 2018-08-20 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “the Company acquired: (i) all Intellectual Property rights, title and interest in Patent # 8,105,401 'Parallel Path, Downdraft Gasifier Apparatus and Method' and Patent # 8,518,133 'Parallel Path, Downdraft Gasifier Apparatus and Method' and (ii) all of the Property rights, title and interest in a 32 inch Downdraft Gasifier ('Gasifier') and (iii) assumed of $156,900 in liabilities”
How we checked this
Checked on September 23, 2026. The cited source supports every part of this claim.
Note 1 of the filing describes the March 25, 2014 purchase of both gasifier patents and a 32-inch Downdraft Gasifier, with $156,900 in assumed liabilities.
Confirmed in the source:
- The company acquired intellectual property rights to Patent #8,105,401 and Patent #8,518,133, both titled 'Parallel Path, Downdraft Gasifier Apparatus and Method'
- The company acquired rights to a 32-inch Downdraft Gasifier
- The company assumed $156,900 in liabilities in the acquisition
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/827876/000166357718000382/mainbody.htm) in full (111,603 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms CleanSpark 10-Q filed 2018-08-20
Quote: “the Company acquired: (i) all Intellectual Property rights, title and interest in Patent # 8,105,401 'Parallel Path, Downdraft Gasifier Apparatus and Method' and Patent # 8,518,133 'Parallel Path, Downdraft Gasifier Apparatus and Method' and (ii) all of the Property rights, title and interest in a 32 inch Downdraft Gasifier ('Gasifier') and (iii) assumed of $156,900 in liabilities”