4//SEC Filing
Rothrock David B. 4
Accession 0001493152-20-010013
CIK 0000862651other
Filed
May 27, 8:00 PM ET
Accepted
May 28, 1:57 PM ET
Size
7.6 KB
Accession
0001493152-20-010013
Insider Transaction Report
Form 4
Investview, Inc.INVU
Rothrock David B.
Director
Transactions
- Purchase
Convertible Secured Promissory Note
2020-05-27$700000.00/sh(indirect: See Footnotes)Exercise: $0.01→ Common Stock (55,681,818 underlying)
Footnotes (2)
- [F1]The Convertible Secured Promissory Note (the "Note") is convertible from time to time, at the option of the holder thereof or, if certain conditions are met, the Issuer, into a number of shares of common stock of the Issuer (the "Common Stock"), equal to the Conversion Amount divided by the applicable Conversion Price. "Conversion Amount" means the sum of (1) the principal amount of the Note to be converted in the conversion plus (2) accrued and unpaid interest, if any, on such principal amount at the interest rates provided in the Note on the date of conversion, plus (3) default interest, if any, on the amounts referred to in the immediately preceding clauses (1) and/or (2). "Conversion Price" initially equals $0.012571428571429 per share of Common Stock and is subject to adjustment as set forth in the Note. The principal amount of the Note is $700,000. The unpaid principal balance of the Note initially bears interest at a rate of 20% per annum. The Note matures on April 27, 2030.
- [F2]These securities are held of record by DBR Capital, LLC ("DBR Capital"). The Reporting Person is the sole managing member of DBR Capital. By virtue of such relationship, the Reporting Person may be deemed to have voting and investment power with respect to the securities held by DBR Capital as noted above and as a result may be deemed to have beneficial ownership over such securities. Each of the Reporting Person and DBR Capital disclaims beneficial ownership of the securities reported herein for purposes of Rule 16a-1(a) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), except to the extent of its or his pecuniary interest therein, if any. This report shall not be deemed an admission that any such entity or person is a beneficial owner of such securities for the purpose of Section 16 of the Exchange Act or for any other purpose.
Documents
Issuer
Investview, Inc.
CIK 0000862651
Entity typeother
Related Parties
1- filerCIK 0001811128
Filing Metadata
- Form type
- 4
- Filed
- May 27, 8:00 PM ET
- Accepted
- May 28, 1:57 PM ET
- Size
- 7.6 KB