Item 8.01 - Other Events



Corporate Update


On March April 1, 2022, Power REIT ("Power REIT" or the "Trust"), through a wholly owned subsidiary, filed a Complaint, Petition for Writ of Mandamus and Jury Demand against the Marengo Township, Michigan. The complaint pertains to the operations at a property that a wholly owned subsidiary of Millennium Sustainable Ventures Corp. has leased from Power REIT. The Complaint was filed in the United States District Court - Western District of Michigan - Southern Division and the Case Number is: 1:22-cv-00321. The Complaint is an action for equitable, declaratory and injunctive relief arising out of Township's false promises, constitutional violations by the Township's deprivation of Plaintiffs' civil rights through its refusal and failure to comply with its own ordinances and state law as well as a common dispute resolution mechanism.

The foregoing descriptions of the litigation does not purport to be complete and are qualified in its entirety by reference to the Complaint along with its exhibits, a copy of which is attached hereto as Exhibit 10.1 and is incorporated into this Current Report on Form 8-K by reference.

Item 9.01 Financial Statements and Exhibits.





Exhibits



Ex. No.   Description
10.1        Complaint and Exhibits
104       Cover Page Interactive Data File (embedded within the Inline XBRL

document)

© Edgar Online, source Glimpses