Gasifier development and sales financing
Company: CleanSpark
The claim, verbatim
Company anticipates need for at least $500,000 in financing over next 12 months for Gasifier manufacturing and sales
Source (primary)
CleanSpark 10-K filed 2016-12-30 (SEC EDGAR, sec_filing)
View cached copy (2026-09-27)Live source ↗
Quote: “anticipate the need for at least $500,000 in financing over the next twelve months to execute on our business plans”
How we checked this
Checked on September 29, 2026. The cited source supports part of this claim, but not all of it.
The filing confirms the $500,000 twelve-month financing need. It ties that amount to executing the company's business plans generally, not specifically to Gasifier manufacturing and sales, for which it gives separate figures.
Confirmed in the source:
- CleanSpark anticipated needing at least $500,000 in financing over the next twelve months
- This $500,000 statement appears in the filing's Gasifier business discussion
We could not confirm this from the cited source:
- The filing does not say the $500,000 is for Gasifier manufacturing and sales; it describes it as financing 'to execute on our business plans,' and separately cites an unidentified project financing partner for manufacturing and at least $250,000 for sales activities
That does not mean it is false — only that this source does not establish it, as of the date above. If we find a source that settles it, we will re-check and update this page.
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/827876/000166357716000436/mainbody.htm) in full (178,833 characters, retrieved September 27, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms CleanSpark 10-K filed 2016-12-30
Quote: “anticipate the need for at least $500,000 in financing over the next twelve months to execute on our business plans”