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

Role
Director, 10%+ Owner
Signature
/s/ Newton W. Dorsett
Stock symbol
SMGI
Transactions as of
Jan 27, 2023
Transactions value $
$0
Form type
4
Date filed
1/31/2023, 08:19 PM
Previous filing
Nov 14, 2022
Next filing
Aug 10, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SMGI Common Stock, par value $.001 Purchase +700K +45.87% 2.23M Jan 27, 2023 Direct F1
transaction SMGI Common Stock, par value $.001 Purchase +375K +16.85% 2.6M Jan 27, 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 $77.6K Jan 27, 2023 Common Stock 776K $0.10 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.