Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | IMII | Common Stock | Other | -$420K | -120M | -23.38% | $0.00 | 393M | Feb 27, 2025 | Direct | F1 |
Id | Content |
---|---|
F1 | Trent D'Ambrosio transferred 120,000,000 shares of common stock of the Company for estate planning purposes to an irrevocable trust that is managed by a third party and over which Mr. D'Ambrosio has no voting control. Since the transfer, on March 10, 2025, a reverse split of the Company's common shares was effected on a 1:1000 basis, resulting in his current ownership of 370,075 shares held in his personal name and beneficial ownership of another 23,201 shares of common stock held by his spouse. |