Instruments of record. Not promises.

Two-tier instrument architecture (Measured Vintage CAT and CAT-Forward Vintage). Token structure, OGMP 2.0 Level 5, P95 + LHS issuance, retirement utility, governance. v2.6.1 is a labels-only point release that renames the forward instrument from its v2.6 provisional label (Projected Vintage Forward Right) to its standardized name CAT-Forward Vintage (CAT-FV); architecture, mechanics, and figures unchanged. Covers the two-project Loving County Block 53 program.

Market Token wrapper instrument. Token structure, methane market opportunity, measurement framework, governance, retirement utility, and trading venues.

Digital environmental commodity unit across U.S. (SEC / CFTC; consistent with SEC/CFTC Joint Release No. 2026-30, March 17, 2026), EU (MiCA Title II “other crypto-asset”), and UAE (VARA / ADGM FSRA non-financial Virtual Asset). Distinct outside-counsel opinions per framework; CAT-FV opinions are conditions precedent to CAT-FV issuance. Issuer view; no regulator has ruled.

Wyoming Secretary of State · first-priority perfected security interest in the Production Prohibition Interest.

Nine enumerated default events. UCC Article 9 enforcement rights. Independent Collateral Agent administration.

First-priority lien on the Production Prohibition Interest. Loving County, Texas. Real property collateral.

Seven-tier Distribution Waterfall. Lender diligence package. Representations and warranties.

502-paragraph governance document. Absolute production prohibition encoded at the entity level. Squads multisig protocol governance.

U.S. (SEC / CFTC; not a security under Howey or Reves; consistent with SEC/CFTC Joint Release No. 2026-30) · EU (MiCA Title II “other crypto-asset”; not an asset-referenced token, not an e-money token, not a MiFID II financial instrument) · UAE (VARA / ADGM FSRA non-financial Virtual Asset; not a Security Token, Derivative, or Specified Investment). No regulator, court, or other authority has ruled.

Christopher Unit 1 IMCSS, LLC (issuer) · Last Mile Production LLC (operator) · Last Mile Capital Partners LLC (working interest holder) — distinct legal entities.

CAT holders receive no equity, distributions, voting rights, or creditor claims. All quantities stated on a GWP28 basis unless explicitly stated otherwise. This site is informational only.

CCCi Lloyd's of London policy detail, $100M policy limit, Collateral Agent administration, rider terms.

29-Gate Checklist in full, P95 + Latin Hypercube Sampling issuance methodology, cryptographic retirement architecture.