other material
confidence high
sentiment neutral
materiality 0.60
Mobiquity Technologies converts $265,563 debt into 1,562,133 restricted shares
Mobiquity Technologies, Inc.
- Dr. Gene Salkind converted $235,563 debt into 1,385,663 shares; family now holds 4,478,017 shares.
- A non-affiliated investor converted $30,000 debt into 176,470 restricted common shares.
- Both conversions exempt under Section 4(2) of the Securities Act; shares are restricted.