Indirect GHS stake in IIOT-OXYS, Inc. (ITOX) via note and preferred
Rhea-AI Filing Summary
IIOT-OXYS, Inc. director Matthew Schissler filed an initial Form 3 showing indirect holdings in the company through GHS Investments LLC, of which he is a member. The filing lists 1,250,000 shares of common stock held indirectly by the LLC.
GHS Investments LLC also holds a convertible note that is convertible into 23,158,450 shares of common stock, Series A preferred stock convertible into 10,000 shares of common stock, Series B preferred stock convertible into 1,166,000,000 shares of common stock, and Series D preferred stock convertible into 525,000,000 shares of common stock. These securities are subject to a 4.99% beneficial ownership limitation, and the reporting person disclaims beneficial ownership except to the extent of his pecuniary interest.
Positive
- None.
Negative
- None.
FAQ
What does the IIOT-OXYS (ITOX) Form 3 filing by Matthew Schissler report?
How many IIOT-OXYS (ITOX) common shares are indirectly held via GHS Investments LLC?
What convertible securities linked to IIOT-OXYS (ITOX) does GHS Investments LLC hold?
What is the 4.99% beneficial ownership limitation mentioned for IIOT-OXYS (ITOX)?
How is Matthew Schissler related to GHS Investments LLC in the IIOT-OXYS (ITOX) Form 3?
When did Matthew Schissler become a director of IIOT-OXYS (ITOX)?