4//SEC Filing
Viable International Investments, LLC 4
Accession 0001213900-19-003587
CIK 0000790652other
Filed
Mar 4, 7:00 PM ET
Accepted
Mar 5, 3:24 PM ET
Size
8.7 KB
Accession
0001213900-19-003587
Insider Transaction Report
Form 4
Transactions
- Conversion
Series M Convertible Preferred Stock
2018-08-07−591→ 0 total→ Common Stock (87,044,091 underlying) - Conversion
COMMON STOCK
2018-08-07+87,044,091→ 87,104,691 total
Holdings
- 60,600
COMMON STOCK
Footnotes (2)
- [F1]Viable International Investments, LLC acquired 600 shares of Series M Convertible Preferred Stock ("Preferred Stock") between August 2014 and April 2016, pursuant to a Securities Purchase Agreement with the Company dated June 27, 2014, at a purchase price of $10,000 per share of Preferred Stock. These shares of Preferred Stock were initially convertible into 88,369,633,872 shares of Common Stock, no par value, of the Company. The Preferred Stock was convertible at any time, at the holder's election, and has no expiration date.
- [F2]On July 12, 2018, the Company filed Amended and Restated Articles of Incorporation to effect a one-for-1,000 reverse stock split of the Company's issued and outstanding Common Stock, thus affecting the number of underlying shares of Common Stock into which the Series M Convertible Preferred Stock may be converted. As a result of the reverse stock split, which was effective July 27, 2018, the 600 shares of Series M Convertible Preferred Stock initially issued to Viable International Investments, LLC, were convertible into 88,369,635 shares of Common Stock.
Documents
Issuer
IMAGING DIAGNOSTIC SYSTEMS INC /FL/
CIK 0000790652
Entity typeother
IncorporatedFL
Related Parties
1- filerCIK 0001617230
Filing Metadata
- Form type
- 4
- Filed
- Mar 4, 7:00 PM ET
- Accepted
- Mar 5, 3:24 PM ET
- Size
- 8.7 KB