Quarterly report pursuant to Section 13 or 15(d)

INVESTMENT IN PARAGON WASTE SOLUTIONS LLC

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INVESTMENT IN PARAGON WASTE SOLUTIONS LLC
3 Months Ended
Mar. 31, 2022
Investments, All Other Investments [Abstract]  
INVESTMENT IN PARAGON WASTE SOLUTIONS LLC

NOTE 9 – INVESTMENT IN PARAGON WASTE SOLUTIONS LLC

 

Since its inception through March 31, 2022, the Company has provided approximately $6.4 million in funding to PWS for working capital and the further development and construction of various prototypes and commercial waste destruction units. No members of PWS have made capital contributions or other funding to PWS other than SEER. The intent of the operating agreement is to provide the funding as an advance against future earnings distributions made by PWS.