---
schema_version: "secwatch.filing_event.v1"
accession: "0001120970-21-000087"
form_type: "8-K"
ticker: "LODE"
cik: "0001120970"
company_name: "Comstock Inc."
filed_at: "2021-09-09T23:59:59+00:00"
generated_at: "2026-06-29T04:44:19.354608+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Comstock acquires PSI for 8.5M shares, targets $346M annual revenue by 2026

## Summary
- Acquired 100% of Plain Sight Innovations for 8.5M restricted shares; 28% lock-up release at 180 days, 72% over 8 installments.
- Acquired Flux Photon IP and equipment for up to $18M cash, paid via 20% of future consolidated net cash flow.
- Appointed Kevin Kreisler as President/CFO, David Winsness as CTO, William McCarthy as COO, Rahul Bobbili as Engineering Officer.
- New officers each receive $250K annual salary plus participation in profit sharing and equity plans.
- PSI facility projections: $34.6M rev in 2023, $86.6M in 2024, $173.1M in 2025, $346.3M in 2026 on 330k tons/yr throughput.

## SEC filing metadata
- accession: 0001120970-21-000087
- form_type: 8-K
- ticker: LODE
- cik: 0001120970
- company_name: Comstock Inc.
- filed_at: 2021-09-09T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1120970/000112097021000087/0001120970-21-000087-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1120970/000112097021000087/lode-20210903.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001120970-21-000087
- JSON: https://secwatch.observer/filing/0001120970-21-000087.json
- Plain text: https://secwatch.observer/filing/0001120970-21-000087.txt

## Key facts
- Executive change
  Kevin Kreisler was appointed as President and Chief Financial Officer at Comstock Inc..
  - Action: appointed
  - Role: President and Chief Financial Officer
  source text: Effective September 7, 2021, the Company’s board of directors appointed Kevin Kreisler as Comstock’s President and Chief Financial Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1120970/000112097021000087/0001120970-21-000087-index.htm
- Executive change
  Rahul Bobbili was appointed as Chief Engineering Officer at Comstock Inc..
  - Action: appointed
  - Role: Chief Engineering Officer
  source text: On September 3, 2021, the Company’s board of directors appointed Rahul Bobbili as Comstock’s Chief Engineering Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1120970/000112097021000087/0001120970-21-000087-index.htm
- Executive change
  William McCarthy was appointed as Chief Operating Officer at Comstock Inc..
  - Action: appointed
  - Role: Chief Operating Officer
  source text: On September 3, 2021, the Company’s board of directors appointed William McCarthy as Comstock’s Chief Operating Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1120970/000112097021000087/0001120970-21-000087-index.htm
- Executive change
  David Winsness was appointed as Chief Technology Officer at Comstock Inc..
  - Action: appointed
  - Role: Chief Technology Officer
  source text: Effective September 7, 2021, the Company’s board of directors appointed David Winsness as Comstock’s Chief Technology Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1120970/000112097021000087/0001120970-21-000087-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.