Patent and gasifier acquisition from Petersen Incorporated
Company: CleanSpark
The claim, verbatim
Acquired patents No. 8,105,401 and 8,518,133 for Parallel Path Downdraft Gasifier and a 32-inch gasifier; issued 715,320 shares of common stock and assumed $156,900 in liabilities
Source (primary)
CleanSpark 10-K filed 2015-12-29 (SEC EDGAR, sec_filing)
View cached copy (2026-09-27)Live source ↗
Quote: “On March 25, 2014, we entered into an Asset and Intellectual Property Purchase Agreement pursuant to which we acquired: (i) all Intellectual Property rights, title and interest in Patent # 8,105,401...Patent # 8,518,133...and (iii) all of the Property rights, title and interest in a 32 inch Downdraft Gasifier. Pursuant to the Purchase Agreement, we agreed to issue 715,320 shares of $0.001 par value common stock and assume of $156,900 in liabilities to Petersen Incorporated”
How we checked this
Checked on September 29, 2026. The cited source supports every part of this claim.
The 10-K describes the March 25, 2014 purchase agreement covering both patents and the 32-inch gasifier, for 715,320 shares and $156,900 in assumed liabilities. The equity statement shows the corresponding share issuances on a post-split basis.
Confirmed in the source:
- Stratean acquired all rights in Patent No. 8,105,401 'Parallel Path, Downdraft Gasifier Apparatus and Method'
- Stratean acquired all rights in Patent No. 8,518,133 'Parallel Path, Downdraft Gasifier Apparatus and Method'
- Stratean acquired a 32-inch Downdraft Gasifier
- Stratean issued 715,320 shares of common stock under the purchase agreement
- Stratean assumed $156,900 in liabilities under the purchase agreement
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: “On March 25, 2014, we entered into an Asset and Intellectual Property Purchase Agreement pursuant to which we acquired: (i) all Intellectual Property rights, title and interest in Patent # 8,105,401...Patent # 8,518,133...and (iii) all of the Property rights, title and interest in a 32 inch Downdraft Gasifier. Pursuant to the Purchase Agreement, we agreed to issue 715,320 shares of $0.001 par value common stock and assume of $156,900 in liabilities to Petersen Incorporated”