James Clifton
On May 26, 2025, the Board of Directors appointed Mr. James Clifton to the Board of Directors.
Highest-materiality recent filing
Mitesco secures up to $30M equity line from C/M Capital Partners for acquisitions and growth
Up to $30M equity line of credit from historical investor C/M Capital Partners; 2% fee, 10% market discount.
Issued $225K total in 10% OID convertible promissory notes to Monroe Street Capital ($75K) and Pinz Special Opportunities Fund ($150K); conversion at $0.15/share, maturity 12 months.
Mitesco closes $50K bridge convertible note at $0.15/share; issues Series X Preferred to directors
2026 Bridge Note: $50K purchase, $55K principal, 10% OID, 10% interest, 12-month maturity. Conversion at $0.15 or 65% of lowest traded price in prior 10 days.
Mitesco raises $100K via bridge notes; issues ~3.1M shares for preferred dividends/redemptions
Two 2026 Bridge Notes at $50,000 each with 10% OID, convertible at $0.15/share, maturing in 12 months.
Mitesco appoints Brian Valania CEO/CFO and director; targets data center sites and acquisitions
Brian Valania appointed CEO, CFO, and director effective March 9, 2026; replaces Mack Leath who remains Chairman.
Miteco receives $125K additional convertible note funding; $625K total in past 12 months
Received $125,000 ($137,500 face with 10% OID) from C/M Capital Master Fund under Senior Secured Convertible Note.
Mitesco announces RoboAgent AI prototype ready for live demo, releases investor video
RoboAgent prototype (AI real estate productivity platform) is ready for live demonstration as of Jan 27, 2026.
Issued 157,061 restricted shares for Series X Preferred dividends Q4 FY2025 (10% annual interest on $1.05M face value).
Issued two Senior Secured 10% OID Convertible Notes to C/M Capital Master Fund and WVP Emerging Manager Onshore Fund.
Mitesco explores Tennessee data center expansion and potential M&A
Centcore division evaluating multiple Tennessee sites for low-cost power data center expansion.
Entered 6-month advisory agreement with JRB Consulting for M&A and uplisting to NASDAQ/NYSE.
Mitesco secures $1M convertible financing from C/M Capital; $250K funded
Issued $275K convertible note (10% OID) to C/M Capital Master Fund; initial funding $250K.
Mitesco launches digital currency ops, managed services; redeems Series A Preferred shares
Assembling digital currency team with senior operators, legal counsel, and investment banking partner.
Mitesco reports Series A redemption of $257,700; expands into digital currency and managed services
Issued 2,025,910 shares of common stock to redeem $257,700 of Series A Preferred; remaining $13,591,200 outstanding.
Mitesco's Centcore division enters 3-year partnership to launch pickleball property listing platform
Agreement with Sportzfolio LLC includes $20,000 software development for initial platform and 5% revenue share on sales generated.
Mitesco launches crypto processing; Anglo Irish gets 44.9% voting control via super-voting preferred
Launched Crypto Processing Services (CPS) at Florida Tier 3+ data center for blockchain hosting, mining, and transaction processing.
Mitesco enters $105K secured promissory note and updates control percentages
Entered Senior Secured 5% OID Notes with two institutional investors for gross proceeds of $100,000, funded June 22, 2025.
Issued $105K face value senior secured promissory notes (5% OID) to two institutional investors; net proceeds $100K.
Mitesco advances Robo-Agent AI for real estate sales; beta test with eXp, Sotheby's, BHHS
Robo-Agent initial version to roll out as add-on to Follow-up-Boss CRM (200k users, acquired by Zillow Group in Nov 2023).
Mitesco expands board with Jim Clifton, director Mitchell resigns; Centcore and AI unit update
Appointed Jim Clifton to board; John Mitchell resigned as director and all positions.
Mitesco raises $75,000 via 5% OID promissory notes with three institutional investors
Gross proceeds $75,000 from three institutional investors via 5% OID promissory notes; face value $78,750.
Mitesco enters agreements to extinguish $600K of obligations by issuing 150K restricted shares
Two Obligation Exchange Agreements cancel ~$600K of notes and expenses for 150K restricted shares at $4.00 per share.
Mitesco issues restricted common stock for preferred dividends and Series A redemption
Issued 16,286 restricted common shares for Feb/March dividends on Series X Preferred (10% annual interest).
Mitesco issues 1.38M restricted shares for Series X dividends and Series A redemption
On April 14, 2025, issued 16,286 restricted common shares for Feb–Mar Series X Preferred dividends (10% annual rate).
Mitesco appoints Amy Lance as Secretary and Treasurer, replacing John Mitchell
Amy Lance appointed Secretary and Treasurer on Feb 7, 2025 by majority board vote.
Mitesco updates on Centcore data center progress and new Robo-Agent AI app
Centcore targeting hotel, financial services, infrastructure, 3-D modeling, and real estate with new relationships.
Mitesco converts $580K bridge notes into Series A preferred; raises $100K in new Series A sale
Converted $580,132 of FY2024 Bridge Notes (principal & interest) into 23.205 Series A Preferred shares at $25 stated value per share to three institutional investors.
Mitesco licenses source code of AgingTopic.com from entity controlled by CEO's spouse; $5k upfront, up to $150k royalties.
Mitesco reports Q3 net income of $2.0M vs $2.5M loss YoY; restructures $25M in liabilities
Q3 2024 diluted EPS $0.29 (6.3M shares) vs ($0.48) loss on 5.3M shares a year earlier.
Mitesco restructures $25M+ in debt and preferred; issues ~2.5M shares at $4.00
Converted over $12M in accounts payable, notes, and preferred shares into ~2.5M restricted common at $4.00/share.
Mitesco restructures $10M+ debt into equity, pivots to data center operations
Converted over $10M of obligations into 2.5M restricted common shares at $4.00 per share.
Mitesco restructures $8.1M debt into equity, creates Series A preferred, adds advisory board
Converted $8,122,857 of debt and senior equity into 2,030,714 restricted common shares at $4.00/share.
Mitesco restructuring: ~$8M debt-for-equity swap at $4.00/share, warrants cancelled
Executed agreements to exchange or cancel ~$8M in debts, payables, and preferred shares for 2M restricted common shares at $4.00/share.
Board authorized Advisory Board creation in early 2024; two appointments made on October 11, 2024.
Mitesco exchanges ~$3M in obligations for ~750k shares at $4.00, cancels all warrants
Exchanged ~$3M of debt, payables, and preferred shares for restricted common at $4.00/share; ~750k shares to be issued.
Mitesco restructures ~$1.1M obligations into stock at $4/sh, cancels all warrants
Executed agreements to exchange/cancel ~$1.1M of debts, payables, and preferred shares into ~300,000 restricted common shares at $4.00 per share.
Mitesco enters $50K promissory notes at 10% interest; plans Q4 debt restructuring
Two 12-month promissory notes of $25k each at 10% interest with Mercer Street Capital and AJB.
Mitesco enters $25K debt for compliance and Centcore partners with Esri GIS
Borrowed $25,000 from Cavalry Fund at 10% annual interest, 12-month term, for SEC and audit costs.
Mitesco expands cloud computing, issues restricted shares to consultant and directors
Issued 200,000 restricted shares to consultant Brian Valania; 100k earned now, 50k by Dec 31, 2024, 50k by June 30, 2015; $50k expense in Q3.
Hired Brian Valania as consultant for data center unit at $11,250/month, plus bonus up to $135k/year and up to 200,000 restricted shares.
Mitesco forms Vero Technology Ventures to invest in cloud computing and data center tech
Announced formation of Vero Technology Ventures, LLC, a venture capital arm on June 25, 2024.
On June 12, 2024, Mitesco dismissed Accell Audit & Compliance after Accell ceased PCAOB services; new auditor Astra Audit & Advisory appointed.
Mitesco launches Centcore data center business via co-location and partner program
Centcore LLC is operational with a co-location agreement in a Melbourne FL Tier 3 facility rated for Category 5 hurricanes.
Mitesco eliminates Series F Preferred dividends, saves over $220,000/month
Holders of 55% of Series F Preferred shares consented to end dividends effective May 15, 2024.
Mitesco forms data center subsidiary, issues 300k shares to advisors, secures $99k loans
Advisory Board created; four members each granted 75,000 restricted shares at $0.80/share (300,000 total) for 12-month service.
Appoints Tom Simon (Synthos LLC/GIS) and Chris McLoughlin (Accucom/Sentry RMS) to Advisory Board; each receives 75,000 restricted shares valued at $0.80/share.
Mitesco appoints three advisors to new Advisory Board; modifies Series X dividend valuation
Appointed Kristen Plybon (cybersecurity/data privacy), Nathaniel Wade (cybersecurity/IT), and William Thein (natural CPG) to Advisory Board.
Mitesco provides business update: new auditor, capital structure changes, acquisition plans
Engaged Accell Group as new PCOAB-qualified auditor, effective immediately, to support 10-K filing.
Mitesco enters $150k debt with 3 lenders for compliance; replaces auditor RBSM with Accell
Signed promissory notes with Cavalry Fund, AJB, and Mercer Street Capital for $50,000 each, 12-month term, 10% interest.
Mitesco Board terminates previously authorized reverse stock split
Board unanimously voted to terminate authorization for a reverse split up to 4:1, approved by shareholders on Jan 4, 2023.
On May 26, 2025, the Board of Directors appointed Mr. James Clifton to the Board of Directors.
On May 27, 2025 the Company received the resignation of John Mitchell as a Director and all positions in the Company.
On February 7, 2025 by a vote of the majority of the members of the Board of Directors Ms. Amy Lance was appointed as Secretary and Treasurer of the Company.
She replaces Mr. John Mitchell who served in those positions since December 2023.
Ms. Shelia Schweitzer (effective December 19, 2023), and Mr. Allen Plunk (effective December 12, 2023, and previously disclosed on Form 8k dated December 13, 2023), have resigned from the Board of Mitesco.
Ms. Shelia Schweitzer (effective December 19, 2023), and Mr. Allen Plunk (effective December 12, 2023, and previously disclosed on Form 8k dated December 13, 2023), have resigned from the Board of Mitesco.
Dr. Jordan Balencic (effective December 15, 2023)
Mr. John Mitchell (effective December 15, 2023)
Mr. Tom Brodmerkel has resigned from the Board of Directors and as CFO of Mitesco as of December 15, 2023
Mr. Mack Leath , age 66, will serve as CEO, CFO and Chairman of the Board of Directors.
Mr. Larry Diamond resigned from all positions including the Board of Directors, CEO of Mitesco and all positions related to The Good Clinic, LLC and its sole member Mitesco N.A. LLC as of December 19, 2023, effective December 29, 2023
On December 12, 2023, Mr. Allen Plunk resigned from his position as a director.
Max materiality 0.85 · Median 0.55 · Most common event other_material