The US Bankruptcy Court gave an order approving the DIP financing agreement for Ecosphere Technologies, Inc. on April 23, 2019. As per the order, the debtor has been authorized to obtain a DIP financing in the total amount of $0.03 million from Brisben Water Solutions, LLC. The DIP loan would carry accruing interest rate ten percent (10%) per annum, with all payments deferred until the maturity date of May 13, 2019.