0001079973-20-000148.txt : 20200303 0001079973-20-000148.hdr.sgml : 20200303 20200303181913 ACCESSION NUMBER: 0001079973-20-000148 CONFORMED SUBMISSION TYPE: 4/A PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20191118 FILED AS OF DATE: 20200303 DATE AS OF CHANGE: 20200303 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Bassani Dominic CENTRAL INDEX KEY: 0000929535 FILING VALUES: FORM TYPE: 4/A SEC ACT: 1934 Act SEC FILE NUMBER: 000-19333 FILM NUMBER: 20684528 MAIL ADDRESS: STREET 1: C/O BRIGHT CAPITAL, LTD. STREET 2: 64 VILLAGE HILLS DRIVE CITY: DIX HILLS STATE: NY ZIP: 11746 FORMER NAME: FORMER CONFORMED NAME: BASSANI DOMINIC DATE OF NAME CHANGE: 19940902 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: BION ENVIRONMENTAL TECHNOLOGIES INC CENTRAL INDEX KEY: 0000875729 STANDARD INDUSTRIAL CLASSIFICATION: AGRICULTURE CHEMICALS [2870] IRS NUMBER: 841176672 STATE OF INCORPORATION: CO FISCAL YEAR END: 0630 BUSINESS ADDRESS: STREET 1: C/O BOX 566 STREET 2: 1774 SUMMITVIEW WAY CITY: CRESTONE STATE: CO ZIP: 81131 BUSINESS PHONE: (212) 758-6622 MAIL ADDRESS: STREET 1: C/O BOX 566 STREET 2: 1774 SUMMITVIEW WAY CITY: CRESTONE STATE: CO ZIP: 81131 FORMER COMPANY: FORMER CONFORMED NAME: RSTS CORP DATE OF NAME CHANGE: 19930328 4/A 1 ownership.xml X0306 4/A 2019-11-18 2019-11-22 0 0000875729 BION ENVIRONMENTAL TECHNOLOGIES INC BNET 0000929535 Bassani Dominic C/O BRIGHT CAPITAL, LTD 64 VILLAGE HILL DRIVE DIX HILLS NY 11746 0 1 1 0 CEO DB 2015 Convertible Note ("Old Note") 0.50 2019-11-18 4 A 0 400000 0.00 A Common Stock 1788585 D 2020 Convertible Obligation 0.50 2020-01-29 4 G 0 2044259.78 0.00 D See Note 0.00 0 D 2020 Convertbile Obligation ("Note") 0.50 2020-01-29 4 A 0 1022129.80 0.00 A See note 0.00 0 I See note The previous gift of $400,000 principal amount of the Old Note reported on Form 4 filed 11/21/2019 was never completed and the gift was cancelled/reversed. This Form 4A is being filed in part to reflect said reversal of the reported transaction. The DB 2015 Convertible Note was convertible into units @$0.50 into restricted securities consisting of 3,749,267 shares and 1,874,634 warrants. On January 1, 2020 the Old Note was consolidated into the 2020 Convertible Obligation ('Note') with other items owed to the Reporting Person by the Company. On January 29,2020, $2,044,259.78 (the full balance) of the Note owned by Reporting Person was gifted to the Dominic Bassani 2019 Irrevocable Trust ('Trust'). The beneficiary of 50% of the Trust (who is now the beneficial owner of $1,022,129.80 of the Note) is the Reporting Person's adult daughter who resides within his residence. The balance of the Note after gifts is $2,044,259.78 (which is convertible @$.50/into units of BNET restricted securities consisting of one share and 1/2 warrant). As a result, the Reporting Person indirectly remains beneficial owner of $1,022,129.80 of the Trust Note (as the beneficiary resides within his residence). 4,088,520 shares and 2,044,260 warrants. 2,044,260 shares and 1,022,130 warrants. /s/ Dominic Bassani 2020-03-03