Acquisition of gasifier patents and equipment

Company: CleanSpark

This claim was withdrawn on September 28, 2026. The source supports the March 25, 2014 acquisition of patents 8,105,401 and 8,518,133, the 32-inch Downdraft Gasifier, the 715,320 shares and the $156,900 in assumed liabilities, but it never names the seller; Petersen Incorporated appears only as the party owed the assumed liabilities for building the Gasifier, so the claim that the assets were acquired 'from Petersen Incorporated' is not support.

How this was decided: Evidence review against the cited source. The claim is preserved below exactly as it was originally published, so the record shows what was asserted as well as what became of it.

Subject kind: acquisition
Statement date: 2015-12-28
Current status: withdrawn

The claim, verbatim

Acquired intellectual property rights to patents 8,105,401 and 8,518,133 and a 32-inch Downdraft Gasifier from Petersen Incorporated, issuing 715,320 shares and assuming $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... Patent # 8,105,401... Patent # 8,518,133... and... a 32 inch Downdraft Gasifier... 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 part of this claim, but not all of it.

The 10-K confirms the patents, the gasifier, the shares and the $156,900 in assumed liabilities. However, it names Petersen Incorporated only as the party owed those liabilities and as the gasifier's manufacturer, not as the seller in the acquisition.

Confirmed in the source:

Stratean acquired intellectual property rights to Patent Nos. 8,105,401 and 8,518,133
Stratean acquired a 32-inch Downdraft Gasifier
Stratean issued 715,320 shares under the purchase agreement
Stratean assumed $156,900 in liabilities owed to Petersen Incorporated for engineering and construction of the gasifier

We could not confirm this from the cited source:

That Petersen Incorporated was the seller of the patents and gasifier

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/827876/000166225215000002/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

View cached copy (2026-09-27)Live source ↗

Record of changes

September 27, 2026 — stated

Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.

September 28, 2026 — withdrawn

Evidence review against the cited source. The source supports the March 25, 2014 acquisition of patents 8,105,401 and 8,518,133, the 32-inch Downdraft Gasifier, the 715,320 shares and the $156,900 in assumed liabilities, but it never names the seller; Petersen Incorporated appears only as the party owed the assumed liabilities for building the Gasifier, so the claim that the assets were acquired 'from Petersen Incorporated' is not support.