Astra Energy Inc (ASRE)

[pioneertec]

11-17-2023
STATEMENT BY HOLCOMB ENERGY SYSTEMS
In August 2023, B&K Energy, LLC, filed a lawsuit against Holcomb Energy Systems, the company that holds
our intellectual property, and us individually, asserting baseless claims that our technology is non-functional,
a scam, and that our patents worldwide were obtained by "tricking" multiple patent offices. We are confident
that the evidence will affirm the effectiveness of the HES technology. For example, we have third-party
witness verifications from the world’s leading testing, inspection and certification firms, verifying the HES
technology’s efficacy. We also have videos recorded by individuals now alleging our technology is a “scam”
that show the opposite—the HES technology works as advertised. We did not back down and have engaged
Patterson Intellectual Property Law to protect our interests, who immediately filed a Motion to Dismiss. In
response, rather than argue the merits of its lawsuit, B&K Energy sought to avoid an adverse decision by
hiring new counsel and filing an amended complaint that is best described as a shotgun pleading. That
amended complaint appears to be an attempt to consume our resources, as B&K Energy dropped our
intellectual property holding company from the suit. We are confident our counsel will successfully defend
against this latest assault.
In a separate suit filed in Florida, members of the same group attempted to evict us from our Research and
Development Center. Currently, the Plaintiffs in this suit are on their second set of lawyers and their fourth
different attempt at filing and refiling the case, and our lawyer is moving to dismiss that fourth attempt as
well. All prior complaints have been dismissed and the Court awarded prevailing party attorney's fees against
the Plaintiffs and in our favour, which Plaintiffs have refused to pay