Newton W. Dorsett - 07 Jul 2023 Form 4 Insider Report for SMG Industries Inc.

Role: Director, 10%+ Owner
Signature: /s/ Newton W. Dorsett
Issuer symbol: SMGI on OTC
Transactions as of: 07 Jul 2023
Net transactions value: +$3,158,949
Form type: 4
Filing time: 10 Aug 2023, 16:17:00 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	$79,676	+796,760	+31%	$0.1000	3,397,680	07 Jul 2023	Direct
transaction	SMGI	Common Stock, par value $.001	Award	$3,156,865	+12,627,460	+372%	$0.2500	16,025,140	07 Jul 2023	Direct	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	$77,592				0	07 Jul 2023	Common Stock	796,760	$0.1000	Direct	F2

* 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 $3,156,863 in aggregate principal and interest due on unconvertible debt issued by SMG Industries, Inc.
F2	Includes shares of common stock issued upon the conversion of $2,083 in accrued, unpaid interest.