Bright Green refutes allegations made by Jerry Capussi, John Fikany

The company said, "The Company remains focused on continued execution of its business plan and is awaiting full approval from the U.S. Drug Enforcement Administration. Bright Green refutes the claims made by Mr. Capussi and Mr. Fikany, specifically: Mr. Fikany has never been, nor offered the role, of Chief Executive Officer of Bright Green Corporation. Bright Green has been and remains fully compliant in both its listing on the Nasdaq and its Securities and Exchange Commission reporting before and following the listing. There have been no allegations of securities fraud. Litigation between John Stockwell and/or the Stockwell family related to prior relationships with Mr. Capussi and Mr. Fikany are not applicable to Bright Green and are subject to a separate litigation that includes damages and defamation for false accusations made against the Stockwell family. The Company is taking action to address the aforementioned false claims and remains focused on the execution of its strategy, to include processing the first applications following the announcement of the United States Citizenship and Immigration Services’ EB-5 program last week, and remains focused on concluding the DEA registration process, an important milestone for the Company."