Diamond Lawrence M. Form 4 Mitesco / Lawrence M. Diamond ownership change

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Diamond Lawrence M.

(Last) (First) (Middle)

610 CARLSON PARKWAY, SUITE 1050

(Street)

MINNEAPOLIS MN 55305

(City) (State) (Zip)

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

3. Date of Earliest Transaction (Month/Day/Year)
02/16/2021

4. If Amendment, Date of Original Filed (Month/Day/Year)

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. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction 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	02/16/2021		P		100	A	$0.4	3,635,471	D
Preferred X Stock, $25.00, 10%	12/31/2019		P		2,000	A	$25	2,000	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. 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: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Director, Employee, & Consultant Stock Option	$0.03	02/27/2020		A		2,500,000		12/31/2020	02/27/2030	Mitesco Inc. Common	2,500,000	$0.00	2,500,000	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

	/s/ Lawrence M. Diamond	02/16/2021
	** 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 4 (b)(v).
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