Emerald Medical Applications Corp. (OTCMKTS:MRLA) Files An 8-K Unregistered Sales of Equity SecuritiesItem 3.02 Unregistered Shares of Equity Securities.
From January 31 through February 13, 2018, Emerald Medical Applications Corp. (the “Registrant”) received the aggregate amount of $1,375,700 from “accredited investors” in consideration for the issuance of units (the “Units”) at an offering price of $0.07 per Unit, each Unit consisting of: (i) one (1) share of common stock (the “Shares”); and (ii) one (1) common stock purchase warrant exercisable for a period of twenty-four (24) months to purchase one (1) additional Share at an exercise price of $0.14. The offer and sale of the Units, without registration under the Securities Act of 1933, as amended (the “Act”), was made in reliance upon the exemption provided Regulation S and Regulation D promulgated by the Securities and Exchange Commission under the Act.
| Investor | Number of Units | Proceeds | Subscription Date | Address | |
| Jeff Smurlick | 500,000 | $ | 35,000 | January 31, 2018 | 10458 Lake Via Street Circle,de, FL 33498 |
| Yosef Cohen | 1,100,000 | $ | 77,000 | February 2, 2018 | 156 Lachish Street, Shoham, 60850, Israel |
| 201509 Ontario Inc | 428,571 | $ | 30,000 | February 2, 2018 | 6 Bradwick Dr Unit B,Concord’ Ontario L4k-2t3 Canada |
| Marco Rubin | 225,000 | $ | 15,750 | February 2, 2018 | 3298 Arenida de Suero, Carlsbad, CA |
| Nily & Binjamin Eiger | 420,000 | $ | 29,400 | February 5, 2018 | Palmah Street. Herzeliya Israel |
| Elierzer Keren | 420,000 | $ | 29,400 | February 5, 2018 | 68 Golomb Street, Herzlia, Israel 46305 |
| Zvi Nissim Azulay | 357,143 | $ | 25,000 | February 6, 2018 | 39 Ha’arazim Street Beit Shemesh Israel, 99000 |
| Urs Merz | 150,000 | $ | 10,500 | February 6, 2018 | Im Garten 1. CH-8966 Oberwil- Lieli/Switzerland |
| Feinstein Corporation | 250,000 | $ | 17,500 | February 6, 2018 | 43 Chagall Drive, Thornhill, Ontario, L4J 9B5, Canada |
| Teddy Lantz | 635,000 | $ | 44,450 | February 6, 2018 | 3 Zvi Tadmor, Holon, Israel |
| Zvi Pinton | 420,000 | $ | 29,400 | February 6, 2018 | 14/10 Derech Carmit Street, Jerusalem, Israel |
| Arie Mordechay Levy | 420,000 | $ | 29,400 | February 6, 2018 | 11/2 Migdal Hamenorast, Modiin, Israel. 7176051 |
| Asher Tward | 350,000 | $ | 24,500 | February 7, 2018 | 222 Cook’s Mill Crescent, Maple Ontario L6A 0K9 Canada |
| Wayne Keifer | 214,285 | $ | 15,000 | February 7, 2018 | 15353710th Ave Taopi MN 55977 |
| Bronson Picket | 215,000 | $ | 15,050 | February 7, 2018 | 39 Vesey Street, Apt. 2B, New York, NY 10013 |
| David Netanel | 420,000 | $ | 29,400 | February 7, 2018 | P.O.B. 48072 Tel Aviv 6936404, Israel |
| Eliyahu Eliav | 420,000 | $ | 29,400 | February 7, 2018 | 51 Hacarmel Street, Ganeu Tikva, Israel |
| Hovav Navon | 750,000 | $ | 52,500 | February 7, 2018 | Moatza Ezorit Eshkol , D. N Hanegev, Magen, Israel. 8546500 |
| Jacob Kobi Hoyda | 420,000 | $ | 29,400 | February 7, 2018 | 5 Barazani Street, Tel Aviv, Israel |
| Lyons Capital LLC | 714,286 | $ | 50,000 | February 7, 2018 | 7239 San Salvador Dr. Suite 100 Boca Raton FL 33433 |
| Amir Maor | 630,000 | $ | 44,450 | February 8, 2018 | 5 Tseelon Street, KiryatYam,Israel. 2900339 |
| Amos Mahlev | 420,000 | $ | 29,400 | February 8, 2018 | 15 Tarshish Street, Yehud –Monson, Israel. 601000 |
| Gideon Cafri | 420,000 | $ | 29,400 | February 8, 2018 | 54 Hagibor Haalmony Street, Tel Aviv, Israel |
| Raja Ehsel | 420,000 | $ | 29,400 | February 8, 2018 | 15 Tarshish Street, Yehud –Monson, Israel. 601000 |
| Dror Fayer | 840,000 | $ | 58,800 | February 9, 2018 | 12/1 Leshem, Gedera, Israel |
| Gil Yosef Sror | 420,000 | $ | 29,400 | February 9, 2018 | 7 Ein Gev Street, Tel Aviv, Israel |
| Rashid Management & Investmnets Ltd | 420,000 | $ | 29,400 | February 9, 2018 | 1 Hermon Street. Nazareth Illit, Israel |
| Lior Frenkel | 400,000 | $ | 28,000 | February 12, 2018 | Kibbutz Sde Eliyahu, Emek Hamaayanot, Israel |
| Avdinco Ltd | 2,142,857 | $ | 150,000 | February 12, 2018 | 2 Kaufman Street Tel Aviv,6801294 Israel |
| Tamarid Ltd | 2,142,857 | $ | 150,000 | February 12, 2018 | 2 Kaufman Street Tel Aviv,6801294 Israel |
| Tamar Naki | 420,000 | $ | 29,400 | February 12, 2018 | 10/4 Chaim Torenst, Jerusalem, Israel |
| Isaac Giat | 1,428,571 | $ | 100,000 | February 13, 2018 | 16 Levi Eshkol Street. Tel Aviv 6936101 Israel |
| Tvi Aharonson Ltd | 714,286 | $ | 50,000 | February 13, 2018 | 12 Yefe Nof Street Gedera Israel 7048312 |
| Total | 19,647,856 | $ | 1,375,700 |
About Emerald Medical Applications Corp. (OTCMKTS:MRLA)
Emerald Medical Applications Corp. operates through its subsidiary, Emerald Medical Applications Ltd. (Emerald), which is a digital health company. Emerald is engaged in the development, sale and service of imaging solutions utilizing its DermaCompare software that it developed for use in derma imaging and analytics. Emerald’s DermaCompare solution allows dermatologists and other medical care professionals, using a set of total body photography (TBP), to capture sets of skin lesion images with, among other devices, digital cameras, camera-equipped smartphones or tablets. DermaCompare imaging solution is provided as a software platform for early detection of Melanoma for classification of dermatological lesions as published by the National Institute of Health (NIH) for analysis of moles. DermaCompare imaging software solution reads and extracts data from those images and in essence turns digital camera, camera-equipped smartphones and tablets into virtual scanning devices.
