Alpha Investment unwinds fracking-sand JV with Parsons; appoints new auditor

Alpha Investment Inc.

Entered Unwinding Agreement on July 29, 2021, terminating joint venture with Parsons Energy Group LLC for ~1,200 acres in Wisconsin containing 1.11B tons of fracking sand.
Parsons returned 3,382 Series 2020 Preferred Shares to Alpha for cancellation; Alpha assigned its 19% interest in Legacy Sand Group back to Parsons.
Sadler Gibb & Associates resigned as independent auditor on July 14, 2021, after being engaged on May 14, 2021, with no reports issued and no disagreements.
Ciro E. Adams, CPA, LLC appointed as new independent registered public accounting firm effective July 23, 2021, approved by sole director on July 26.

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