Below is an email exchange between Meredtih Moore of iSEE and Steve Muzzy of Second Nature:

Hi Steve,

Hope you are doing well! I am touching base again to see if there is an update about the status of our carbon credit sales. We look forward to hearing from you. Thanks!

Meredith

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Hello Meredith,

Thanks for checking in. I've been meaning to follow up with the great news that UIUC credits have been issued and sold. However the reason I have waited is because the broker sold the credits in five batches and they are still waiting on final payment for one batch. Once they have all payments in hand, Second Nature can invoice them for your portion of the revenue. As with the entire process for this round of verification, the sale of credits has for some reason taken longer than expected. We are wanting to issue one invoice for all the batches rather than do multiple invoices - this will allow us to pay UIUC in one lump sum. 

I can tell you the total number of credits sold was 115,836. And pending the final batch sales per/ton you should clear a per ton amount between $6.00-$6.50.

I would expect issuance of UIUCs credit sale revenue check next month.

Best,

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Thank you so much for the update, Steve!!