Current Report Filing (8-k)
July 31 2018 - 10:28AM
Edgar (US Regulatory)
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date
of Report (Date of earliest event reported): July 27, 2018
Imaging3,
Inc.
(Exact
name of registrant as specified in its charter)
California
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000-50099
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95-4451059
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(State
or Other Jurisdiction
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(Commission
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(I.R.S.
Employer
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of
Incorporation)
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File
Number)
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Identification
No.)
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3022
North Hollywood Way. Burbank, CA 91505
(Address
of Principal Executive Offices) (Zip Code)
818
260 0930
(Registrant’s
telephone number, including area code)
(Former
name or former address, if changed since last report)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant
under any of the following provisions:
[ ]
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ]
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ]
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ]
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item
8.01 Other Matters – Grant of Motion for Summary Judgment against the Company.
On
July 27, 2018 the United States District Court for the Southern District of New York granted Plaintiffs’ Alpha Capital Anstalt
(“Alpha”) and Brio Capital Master Fund, Ltd.(“Brio”) Motion for Summary Judgment (“MSJ”) against
the Company in the total amount of $ 1,274,525 plus 18% prejudgment interest from mid-2017. The Company believes the Court’s
ruling was erroneous and intends to file a notice of appeal to the United States Court of Appeal for the Second Circuit within
approximately 30 days. Management will continue its efforts begun prior to this ruling to settle with Alpha and Brio on terms
acceptable to the parties to the litigation and potential equity investors which allow for a successful pathway for the development
of the Company’s disruptive technology. Management has also consulted with bankruptcy counsel to determine to what
extent the federal bankruptcy code may be utilized to advance the Company’s settlement efforts, if necessary.
Exhibit 1. Memorandum Opinion and Order of the District Court
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf
by the undersigned, hereunto duly authorized.
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Imaging3,
Inc.
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By
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/s/
John Hollister
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Name:
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John
Hollister
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Title:
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CEO
and Director
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Date:
July 31, 2018