Newton W. Dorsett - 27 Jan 2023 Form 4 Insider Report for SMG Industries Inc.

Signature
/s/ Newton W. Dorsett
Issuer symbol
SMGI on OTC
Transactions as of
27 Jan 2023
Net transactions value
$0
Form type
4
Filing time
31 Jan 2023, 20:19:08 UTC
Previous filing
14 Nov 2022
Next filing
10 Aug 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SMGI Common Stock, par value $.001 Purchase +700,000 +46% 2,225,920 27 Jan 2023 Direct F1
transaction SMGI Common Stock, par value $.001 Purchase +375,000 +17% 2,600,920 27 Jan 2023 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding SMGI Convertible Note $77,592 27 Jan 2023 Common Stock 775,920 $0.1000 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Issued as bonus shares in connection with the purchase of a promissory note from the Issuer.
F2 Issued as consideration for the extension of the maturity date of a promissory note from the Issuer.