Filing Details
- Accession Number:
- 0001144204-14-033156
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2014-05-22 16:31:04
- Reporting Period:
- 2014-05-19
- Filing Date:
- 2014-05-22
- Accepted Time:
- 2014-05-22 16:31:04
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
844985 | Positron Corp | POSC.OB | Electromedical & Electrotherapeutic Apparatus (3845) | 760083622 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1302919 | G Patrick Rooney | 530 Oakmont Lane Westmont IL 60559 | Chief Executive Officer | Yes | Yes | Yes | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock, Par Value $0.0001 | Acquisiton | 2014-05-19 | 407,200,000 | $0.00 | 455,381,818 | No | 4 | P | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | P | Direct |
Footnotes
- The shares were acquired upon conversion of $1,018,000 of a convertible promissory note in the original principal amount of $1,250,000 made in favor of Mr. Rooney on October 31, 2012. The note was originally converted in January 2014, but the Issuer lacked sufficient capital to issue the shares.
- Does not include 70,000,000 shares of Common Stock issuable upon conversion of 700,000 Series B shares that may be acquired pursuant to options, warrants to purchase 72,500,000 shares of Common Stock, 20,000,000 shares of Common Stock options pursuant to 2012 Equity Incentive Plan or shares issuable upon the conversion of 10,000,000 shares of Series H Preferred Stock. It also does not include 753,300,000 shares of Common Stock held by or convertible to by Solaris Opportunity fund, L.P., over which Mr. Rooney holds voting and dispositive power.