SEC Form 3
FORM 3 | UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES 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*
(Street)
| 2. Date of Event Requiring Statement (Month/Day/Year) 04/26/2018 | 3. Issuer Name and Ticker or Trading Symbol Advanzeon Solutions, Inc. [ CHCR ] | |||||||||||||
4. Relationship of Reporting Person(s) to Issuer (Check all applicable)
| 5. If Amendment, Date of Original Filed (Month/Day/Year) 08/16/2017 | ||||||||||||||
6. Individual or Joint/Group Filing (Check Applicable Line)
|
Table I - Non-Derivative Securities Beneficially Owned | |||
---|---|---|---|
1. Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
Common Stock | 97,000 | D |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||
---|---|---|---|---|---|---|---|
1. Title of Derivative Security (Instr. 4) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) | ||
Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Warrant | 02/17/2016 | 02/17/2019 | Common Stock | 100,000 | 0.25 | D | |
Warrant | 03/17/2016 | 03/17/2019 | Common Stock | 100,000 | 0.25 | D | |
Warrant | 04/17/2016 | 04/17/2019 | Common Stock | 100,000 | 0.25 | D | |
Warrant | 05/17/2016 | 05/17/2019 | Common Stock | 100,000 | 0.25 | D | |
Warrant | 06/17/2016 | 06/17/2019 | Common Stock | 100,000 | 0.25 | D | |
Warrant | 07/07/2016 | 07/07/2021 | Common Stock | 200,000 | 0.15 | D | |
Warrant | 02/17/2017 | 02/17/2019 | Common Stock | 500,000 | 0.25 | D | |
$100,000 Convertible Promissory Note | 07/24/2017 | 07/24/2018 | Common Stock | (1) | (1) | D |
Explanation of Responses: |
1. The Holder shall have the right to convert all or a portion of the Note, along with accrued and unpaid interest, into shares of the common stock of the Parent at a per share price equal to the lesser of (i) 15% below the average daily closing bid price of the Parent's common stock for the immediate predeing twenty (20) business days; or, (ii) $0.11. The Holder shall submit a Conversion Notice indicating his/her election to convert and the amount being converted. The Note has a Maturity Date of 12 months. |
Remarks: |
The Reporting Person was appointed to the Board of Directors on April 26, 2018. |
/s/ Stephen M. Kreitzer | 04/26/2018 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v). | ||
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |