{"url_path":"/sec/wast/10-k/2026/item-9b","section_key":"item-9b","section_title":"Item 9B OTHER INFORMATION**","topic":"sec","document":{"doc_type":"10-K","doc_date":"2026-07-14","source_url":"https://www.sec.gov/Archives/edgar/data/1515139/0001493152-26-033196-index.html","accession_number":"0001493152-26-033196","cik":"0001515139","ticker":"WAST","issuer_name":"WASTE ENERGY CORP.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1515139/0001493152-26-033196-index.html","primary_entity_key":"0001515139","primary_entity_name":"WASTE ENERGY CORP."},"word_count":156,"has_tables":true,"body_markdown":"**ITEM\n9B. OTHER INFORMATION**\n\n \n\nOn March 15, 2023, the Company signed a settlement\nagreement and release with Enderby Entertainment, Inc., its partner in the jointly owned subsidiary EnderbyWorks, LLC to become the 100%\nowner of the company. In order to account for former partner’s owing the Company $1,828,000 pursuant to a certain limited liability\ncompany agreement relating to EnderbyWorks, LLC, among other things, the former partner agreed to issue the Company a secured promissory\nnote of $1,828,000 (the “Note”) with an interest rate of 8% due and payable on July 6, 2024 and the former partner forfeited\nits 49% membership interest in EnderbyWorks, LLC, resulting in the Company becoming the 100% owner of EnderbyWorks, LLC. The agreement\nalso contains a royalty clause on the existing assets that EnderbyWorks will pay the former partner 50% of the first $6,000,000 in certain\nnet revenue of EnderbyWorks, LLC, which will be offset against amounts due under the Note.\n\n \n\nNo"}