GelTech Solutions, Inc. (OTCMKTS:GLTC) Files An 8-K Entry into a Material Definitive Agreement
Item 1.01 Entry into a Material Definitive Agreement.

On August 22, 2017, GelTech Solutions, Inc. (the “Company”) and Warren Mosler (“Purchaser”) entered into a Stock Purchase Agreement whereby the Purchaser committed to purchase up to $1,800,000 shares of the Company’s common stock until August 1, 2018, subject to Michael Reger, the Company’s President and Chairman of the Board, continuing to serve as an officer of the Company. The Company will have the right to direct the Purchaser to purchase up to $150,000 of shares in any calendar month (although the parties can mutually agree to increase it in any calendar month). The price paid for the shares will be the closing price of the Company’s common stock on the trading day immediately before the Company delivers its notice to the Purchaser. The Purchaser will not be obligated to make purchases under the Agreement if the price is above $0.50 per share.

Mr. Mosler is a co-founder, principal and inactive partner of AVM LP, a licensed broker-dealer of which Mr. Reger is a principal and inactive partner.

About GelTech Solutions, Inc. (OTCMKTS:GLTC)

GelTech Solutions, Inc. focuses on various environmentally friendly products, such as FireIce products, Soil2O Dust Control products and Soil2O. FireIce products include a line of fire suppression and fire retardant products, and the equipment used for their varied applications, including the Emergency Manhole FireIce Delivery System (EMFIDS), and FireIce Shield, a line of asset protection products. Soil2O Dust Control products include Soil2O Dust Control and Soil2O Soil Cap. Soil2O includes a line of agricultural moisture retention products, including Soil2O Topical and Soil2O Granular. It offers FireIce in a range of colored variations, such as Fugitive Orange (Sunset Orange) and Fugitive Blue (Cool Blue). As of December 31, 2015, it marketed two distinct versions of Soil2O: Soil2O Topical, a topically applied version, and Soil2O Granular, that is applied prior to planting. Soil2O Soil Cap is a dust control solution designed to stabilize stockpile erosion caused by wind and rain.