Commercial gasifier expected by mid-2016
Company: CleanSpark
What the later record shows
The date slipped
The mid-2016 target was pushed to Q4 2017 in the December 2016 10-K, then Q4 2018, and later filings give no date and say no significant resources will go to gasification.
“a commercially viable Gasifier is not expected to be sellable until the fourth quarter of 2017”
2016-12-29 · CleanSpark 10-K filed 2016-12-30 View cached copy (2026-09-27)Live source ↗
“a commercially viable Gasifier is not expected to be sellable until the fourth quarter of 2018”
2018-04-04 · CleanSpark 10-K/A filed 2018-04-05 View cached copy (2026-09-13)Live source ↗
“We do not anticipate deploying significant resources on the gasification business at this time.”
2021-08-15 · CleanSpark 10-Q filed 2021-08-16 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
A commercially viable Gasifier is not expected to be sellable until mid-year 2016.
Source (primary)
CleanSpark 10-K filed 2015-12-29 (SEC EDGAR, sec_filing)
View cached copy (2026-09-27)Live source ↗
Quote: “Our Gasifier is still under development and a commercially viable Gasifier is not expected to be sellable until mid-year 2016.”
How we checked this
Checked on October 12, 2026. The cited source supports every part of this claim.
The 10-K states that the Gasifier is still under development and that a commercially viable unit is not expected to be sellable until mid-year 2016.
Confirmed in the source:
- Stratean's Gasifier was still under development as of the fiscal 2015 10-K
- A commercially viable Gasifier was not expected to be sellable until mid-year 2016
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/827876/000166225215000002/mainbody.htm) in full (113,996 characters, retrieved September 27, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms CleanSpark 10-K filed 2015-12-29
Quote: “Our Gasifier is still under development and a commercially viable Gasifier is not expected to be sellable until mid-year 2016.”
delays CleanSpark 10-Q filed 2021-08-16
Quote: “We do not anticipate deploying significant resources on the gasification business at this time.”
delays CleanSpark 10-K/A filed 2018-04-05
Quote: “a commercially viable Gasifier is not expected to be sellable until the fourth quarter of 2018”
delays CleanSpark 10-K filed 2016-12-30
Quote: “a commercially viable Gasifier is not expected to be sellable until the fourth quarter of 2017”