Michael Hanh Cao - Jun 27, 2022 Form 4 Insider Report for Bitech Technologies Corp (BTTC)

Role: Director, 10%+ Owner
Signature: /s/ Michael Hanh Cao
Stock symbol: BTTC
Transactions as of: Jun 27, 2022
Transactions value $: $0
Form type: 4
Date filed: 7/6/2022, 09:40 PM
Previous filing: Apr 6, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BTTC	Common Stock, par value $0.001	Conversion of derivative security		+51.5M			51.5M	Jun 27, 2022	By Spouse	F1
transaction	BTTC	Common Stock, par value $0.001	Conversion of derivative security		+129M	+250%		180M	Jun 27, 2022	By B&B Investment Holding LLC	F1, F2, F3

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	BTTC	Series A Convertible Preferred Stock	Conversion of derivative security	$0	-954K	-100%	$0.00^*	0	Jun 27, 2022	Common Stock	51.5M		By Spouse	F1
transaction	BTTC	Series A Convertible Preferred Stock	Conversion of derivative security	$0	-2.39M	-100%	$0.00^*	0	Jun 27, 2022	Common Stock	129M		By B&B Investment Holding LLC	F1, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each share of Series A Convertible Preferred Stock (the "Series A Preferred Stock") automatically converted into 53.97561 shares of Issuer's common stock for no additional consideration upon the Issuer's filing a certificate of amendment to the certificate of incorporation authorizing a sufficient number of shares of common stock to permit a full conversion of all issued and outstanding Series A Preferred Stock. The Series A Preferred Stock has no expiration date.
F2	Includes 128,769,372 shares held directly by B&B Investment Holding LLC and 51,507,749 held by the Reporting Person's spouse.
F3	The Reporting Person is the manager of B&B Investment Holding LLC, has voting control over shares owned by B&B Investment Holding LLC, and may be deemed to have indirect beneficial ownership of all or a portion of the securities owned directly by B&B Investment Holding LLC, but disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.