HyOrc settles McKinney litigation with no cash payment; McKinney to seek dismissal with prejudice

HyOrc Corp

HyOrc entered a Settlement Agreement and Mutual Release on November 2, 2026 with Daniel S. McKinney and Coldway Limited, LLC, resolving Case No. A-26-955028-C in Clark County, Nevada.
The original First Amended Complaint sought damages in excess of $3 million; the settlement requires no monetary payment by HyOrc or any other party.
McKinney will cause the action to be dismissed with prejudice as to HyOrc and five individual defendants, including CEO K. Reginald Fubara.
HyOrc will send Transfer Online a limited instruction removing affiliate/control designations for McKinney and Coldway, based on the May 20, 2026 Stoss opinion letter.
McKinney and Coldway agreed to jointly and severally indemnify HyOrc and the released persons for losses from false representations or covenant breaches.

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