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MITI Mitesco Inc (PK)

0.26
-0.09 (-25.71%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Mitesco Inc (PK) USOTC:MITI OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.09 -25.71% 0.26 0.26 0.41 0.4299 0.26 0.4299 918 21:00:00

Statement of Changes in Beneficial Ownership (4)

16/02/2021 10:40pm

Edgar (US Regulatory)


FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5                       
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Diamond Lawrence M.
2. Issuer Name and Ticker or Trading Symbol

Mitesco, Inc. [ MITI ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__X__ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
Chief Executive Officer
(Last)          (First)          (Middle)

610 CARLSON PARKWAY, SUITE 1050
3. Date of Earliest Transaction (MM/DD/YYYY)

2/16/2021
(Street)

MINNEAPOLIS, MN 55305
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 2/16/2021  P  100 A$0.40 3635471 D  
Preferred X Stock, $25.00, 10% 12/31/2019  P  2000 A$25 2000 D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Director, Employee, & Consultant Stock Option $0.03 2/27/2020  A   2500000    12/31/2020 2/27/2030 Mitesco Inc. Common 2500000 $0.00 2500000 D  

Explanation of Responses:

Remarks:
On 12/31/19 the Company issued a new Series X Preferred stock in exchange for the cancellation of certain amounts owed. As a result of the issuance of 2,000 shares, there was a cancellation of $50,000 of debt obligations. The Series X preferred stock has voting rights equal to 20,000 votes of common stock per share. Therefore, this holder now has 40,000,000 votes as a result of the Series X issuance, and 3,271,324 shares for all common stock held as of this date, or a total of 7.1% of all available votes. A Form 8K was filed by the Company on 12/30/2019 date which more fully describes the Series X Preferred Stock, which can be found here: https://www.sec.gov/Archives/edgar/data/802257/000118518520000019/truenat20191230b_8k.htm

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Diamond Lawrence M.
610 CARLSON PARKWAY, SUITE 1050
MINNEAPOLIS, MN 55305
X
Chief Executive Officer

Signatures
/s/ Lawrence M. Diamond2/16/2021
**Signature of Reporting PersonDate

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