Simson-Maxwell, through, Viking Energy Group, Inc. is a party to an Intellectual Property License Agreement with ESG Clean Energy, LLC (“ESG”) regarding ESG’s patent rights and know-how related to stationary electric power generation, including methods to utilize heat and capture carbon dioxide (the “ESG Clean Energy System”). The license agreement is exclusive for all of Canada (unlimited number of systems), and non-exclusive for up to twenty-five locations in the United States.