Every Form 4 that IIOT-OXYS INC (ITOX) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A Form 4 covers the transactions officers, directors and large holders report, so if you follow ITOX and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full ITOX filings page.
IIOT-OXYS, Inc. reported a restructuring transaction involving its former director, Vidhyadhar Mitta. Under a Debt Exchange Agreement, Mr. Mitta exchanged $216,156 of principal and accrued interest from a 12% secured convertible note for 180 shares of Series E Convertible Preferred Stock, and agreed to cancel 12,000 shares of Series A Super-Voting Preferred Stock.
Each Series A share may be converted into common stock at a 1:100 rate, and each Series E share is convertible into common stock at $0.0005 per share. The filing shows 1,200,000 common shares underlying the cancelled Series A and 432,000,000 common shares underlying the newly issued Series E. Separately, Mr. Mitta directly and beneficially owns 1,736,843 shares of common stock, which are not part of these derivative conversions.
IIOT-OXYS, Inc. CEO Clifford L. Emmons restructured his holdings through a debt-for-equity exchange involving preferred stock. He exchanged $387,242 of accrued and unpaid fees owed by the company for 268.529 shares of Series E Convertible Preferred Stock and agreed to cancel 7,800 shares of Series A Supervoting Preferred Stock he owned. Each Series A share may be converted into common stock at a 1:100 rate, while the Series E shares are convertible into common stock at $0.0005 per share and are subject to a 4.99% beneficial ownership limitation. Following these changes, Emmons is reported as directly and beneficially owning 9,280,000 shares of common stock, separate from any common shares issuable from derivative securities.
IIOT-OXYS, Inc. former CFO Karen McNemar restructured her preferred stock and debt position through non-market transactions. She canceled 6,045 shares of Series A Super-Voting Preferred Stock and exchanged $323,269 of accrued and unpaid fees for 269 shares of Series E Convertible Preferred Stock.
Each Series A share is voluntarily convertible into common stock at a 1:100 ratio, while each Series E share is convertible at $0.0005 per common share and is subject to a 4.99% beneficial ownership limitation. After these changes, she directly and beneficially owns 8,804,500 common shares, excluding any common shares issuable from the preferred stock.