Item 8.01 Other Items
Znergy, Inc. ("Znergy" or the "Company") announced that on September 23,2022, it
was served notice at its place of business of a pending lawsuit filed by Resolve
Corp., a funding company. Service was not made on the Company's General Counsel.
Znergy received notice of a default judgement dated August 5,2022, in the amount
of $1,916,336.667. Znegy believes it is not liable for this amount and has
retained outside legal counsel to file motions with the Court seeking to set
aside the judgment entirely and perhaps to file legal counterclaims against
Resolve.
Forward-Looking Statements
This Current Report on Form 8-K contains forward-looking statements. These
forward-looking statements are subject to a number of risks, uncertainties and
assumptions. Our actual results could differ materially from those predicted or
implied. Undue reliance should not be placed on the forward-looking statements
in this Current Report on Form 8-K. We assume no obligation to update such
statements.
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