Newton W. Dorsett - Jul 7, 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: Jul 7, 2023
Transactions value $: $3,158,949
Form type: 4
Date filed: 8/10/2023, 04:17 PM
Previous filing: Jan 31, 2023

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	$79.7K	+797K	+30.63%	$0.10	3.4M	Jul 7, 2023	Direct
transaction	SMGI	Common Stock, par value $.001	Award	$3.16M	+12.6M	+371.65%	$0.25	16M	Jul 7, 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	-$77.6K				0	Jul 7, 2023	Common Stock	797K	$0.10	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.