Brady E. Crosswell - 07 Jul 2023 Form 4 Insider Report for SMG Industries Inc.

Role
Director, 10%+ Owner
Signature
/s/ Brady E. Crosswell
Issuer symbol
SMGI on OTC
Transactions as of
07 Jul 2023
Net transactions value
+$514,715
Form type
4
Filing time
02 Aug 2023, 18:05:10 UTC
Previous filing
31 Jan 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SMGI Common Stock, par value $.001 Conversion of derivative security $308,055 +3,080,550 +122% $0.1000 5,605,550 07 Jul 2023 By Grey Fox Investments LLC
transaction SMGI Common Stock, par value $.001 Conversion of derivative security $250,576 +1,002,304 +18% $0.2500 6,607,854 07 Jul 2023 By Grey Fox Investments LLC
transaction SMGI Common Stock, par value $.001 Award $506,084 +2,024,336 +540% $0.2500 2,399,336 07 Jul 2023 by Grey Fox Secured Funding LP F1

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
transaction SMGI Convertible Note Conversion of derivative security $300,000 0 07 Jul 2023 Common Stock 3,080,550 $0.1000 Grey Fox Investments LLC F2, F3
transaction SMGI Convertible Note Conversion of derivative security $250,000 0 07 Jul 2023 Common Stock 1,002,304 $0.2500 Grey Fox Investments LLC F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of common stock issued in exchange for the forgiveness of $506,082 in aggregate principal and interest due on unconvertible promissory notes issued by SMG Industries, Inc.
F2 Convertible note was exercisable until 6/30/2023, or until such note was paid in full.
F3 Includes shares of common stock issued upon the conversion of $8,055 in accrued, unpaid interest.
F4 Includes shares of common stock issued upon the conversion of $575 in accrued, unpaid interest.