Bion Environmental sued for $1.49M by Hamstra; forbearance on $500K note extended

BION ENVIRONMENTAL TECHNOLOGIES INC

Hamstra Builders seeks $1,494,512.72 in unpaid invoices for construction of Ammonia Recovery System at Fair Oaks, IN.
Includes $653,915 owed to subcontractor Dilling Group, which filed separate suit on March 31, 2025.
Verbally agreed to extend $500K secured convertible note via forbearance to July 15, 2025.
Bion retained Indiana counsel; matter previously disclosed via mechanic's lien filed April 2024.

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