IMAGING DIAGNOSTIC SYSTEMS INC /FL/ 4
4 · IMAGING DIAGNOSTIC SYSTEMS INC /FL/ · Filed Aug 26, 2013
Insider Transaction Report
Form 4
Shotmeyer Elizabeth
Director
Transactions
- Other
CONVERTIBLE PROMISSORY NOTE
2013-08-14From: 2013-08-14Exp: 2014-08-13→ COMMON STOCK
Holdings
- 266,000
COMMON STOCK
Footnotes (1)
- [F1]Ms. Shotmeyer loaned the Company $17,400 on August 14, 2013 through a Convertible Promissory Note. The Note has a conversion feature which allows Ms. Shotmeyer to convert the Principal plus accrued Interest (equal to 8% per annum) into common shares at a conversion price equal to a 50% discount of the lowest closing bid price in the ten days immediately prior to the date of conversion.