Highest-materiality recent filing
IIOT-OXYS sells up to $88k Series D convertible preferred to director-controlled investor
Initial closing: 47 shares issued for $43k cash + 4 incentive shares; additional closing up to 50 shares for $45k at GHS's option after 10-K filing.
IIOT-OXYS completes debt exchanges with executives and GHS, giving GHS voting control
GHS Investments received 100 Series A Preferred shares, gaining voting control of IIOT-OXYS.
IIOT-OXYS extends note maturity, amends SPA with GHS, and designates Series E Preferred Stock
Extended $75,000 convertible note maturity to April 29, 2026; GHS waived all prior defaults.
IIOT-OXYS boosts authorized shares from 3B to 10B, effective Sep 3
Authorized common stock increased from 3,000,000,000 to 10,000,000,000 shares.
IIOT-OXYS raises $60K in Series D convertible preferred financing with onerous terms
Initial closing of 60 shares of Series D Convertible Preferred at $1,000/share for $60K gross proceeds; up to $210K aggregate.
IIOT-OXYS defaults on $550K convertible notes; principal increased 20%
$500K (2018) and $50K (2019) notes matured March 1, 2024 without payment; cure period expired.
IIOT-OXYS amends Series C Preferred terms: 12% cumulative dividend, payable quarterly
Amendment filed Feb 12, 2024 to Certificate of Designation for Series C Convertible Preferred Stock.
IIOT-OXYS auditor Haynie & Company resigns effective Nov 27, 2023
Haynie & Company resigned as independent auditor on November 27, 2023; no disagreements reported.
IIOT-OXYS reports H1 2023 revenue up 376% YoY; cites funding constraints and unpaid management
Revenue for six months ended June 30, 2023 increased 376% over same period in 2022.
IIOT-OXYS amends convertible notes: maturity extended to Mar 2024, conversion capped at $50k/quarter
Maturity extended to March 1, 2024, with automatic one-year extensions unless holder opts out.
IIOT-OXYS completes POC, signs SaaS contract with CNC manufacturer
Signed SaaS contract with a Northeast CNC Component Manufacturer after successful Proof of Concept.
IIOT-OXYS reports FY2022 revenue up >7x YoY; guides for similar growth in 2023
Annual revenue more than 7x 2021 level; highest since COVID impact.
IIOT-OXYS defaults on $550K convertible notes; obligations accelerated
Two senior secured convertible notes totaling $550K matured March 1, 2023; payment not made, default declared.
IIOT-OXYS CEO discusses six-figure DOT contract extension in new interview
CEO Cliff Emmons interviewed by SmallCapVoice.com about extension of contract with a DOT in a major northeast state.
On June 2, 2022, Clifford Emmons resigned as Interim Chief Financial Officer and, on the same date, Karen McNemar, age 53, was appointed as the Interim Chief Financial Officer (Principal Financial and Accounting Officer) of the Company.
On June 2, 2022, Mr. Emmons was appointed as the Interim Technology Officer of the Company.
Karen McNemar, age 53, was appointed as the Interim Chief Financial Officer (Principal Financial and Accounting Officer) of the Company.
Max materiality 1.00 · Median 0.50 · Most common event other_material