0001567619-18-001995.txt : 20180831
0001567619-18-001995.hdr.sgml : 20180831
20180831170513
ACCESSION NUMBER: 0001567619-18-001995
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20180822
FILED AS OF DATE: 20180831
DATE AS OF CHANGE: 20180831
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Bassani Dominic
CENTRAL INDEX KEY: 0000929535
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-19333
FILM NUMBER: 181050638
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
1
doc1.xml
FORM 4
X0306
4
2018-08-22
0
0000875729
BION ENVIRONMENTAL TECHNOLOGIES INC
BNET
0000929535
Bassani Dominic
C/O BRIGHT CAPITAL, LTD.
64 VILLAGE HILLS DRIVE
DIX HILLS
NY
11746
0
1
1
0
CEO
Warrants Class DBEXT
0.60
2018-08-22
4
P
0
3000000
0.10
A
2018-08-22
2025-06-30
Common Stock
3000000
3000000
D
Warrants Class DBADV-1
0.85
2018-08-27
4
S
0
15000
0.10
D
2014-03-31
2022-12-31
Common Stock
15000
0
D
Warrants Class DBADV-2
0.85
2018-08-27
4
S
0
15000
0.10
D
2014-06-30
2022-12-31
Common Stock
15000
0
D
DB Replacement Note 2
0.60
2018-08-27
4
S
0
300000
D
Common Stock
300000
21401.92
D
These warrants were acquired in connection with an agreement re extension of reported person's service as CEO of the Company which agreement was verbally agreed to on July 29, 2018 and ratified by the Company's Board of Directors on August 22, 2018. The warrants were purchased with a $300,000 secured promissory note and the Company is holding certain securities that the reporting person owns as collateral until the promissory note is satisfied.
Each of these warrants includes a potential 75% exercise bonus. These warrants were sold to unaffiliated parties for $.10/warrant and are exercisable until 12/31/2022.
Each of these warrants includes a potential 75% exercise bonus. These warrants were sold to unaffiliated parties for $.10/warrant and are exercisable until 12/31/2022.
$300,000 of the DB Replacement Note 2 (as defined in note 7 of financial statements of 10Q for 3/31/2018) was sold and is convertible @$.60/share. The balance of this note prior to the sale was $321,401.92.
/s/ Dominic Bassani
2018-08-31