Sky Quarry converts $3.985M MCA obligations into 8% promissory note; CEO provides personal guarantee

Sky Quarry Inc.

Converted $3,985,000 in merchant cash advance obligations into a single promissory note at 8% simple interest.
Note has escalating weekly payments from $15,000 to $70,000 over 85 weeks, then a final payment.
CEO Marcus Laun executed a personal guarantee for the note; company indemnifies him for any losses.
All prior MCA agreements cancelled and extinguished; Libertas releases all claims against the company.
Existing security interests remain; company restricted from selling future receivables or material assets without Libertas consent.

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