IMAGING3, INC. (OTCMKTS:IGNG) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

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IMAGING3, INC. (OTCMKTS:IGNG) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

Item 5.02. Departure of Directors and Certain Officers; Election
of Directors; Appointment of Certain Officers; Compensatory
Arrangements of Certain Officers

Compensation Arrangements. Effective May 1, 2017, the
Board of Directors of Imaging3, Inc., a California corporation
(the Company), authorized the issuance of (i) 36,000,000 warrants
to purchase 36,000,000 shares of the Companys common stock at an
exercise price of $0.02 per share for a period of five years from
the date of issuance to Mr. Dane Medley, the Chief Executive
Officer of the Company, in consideration for his valuable service
contributions to the Company and in accordance with the warrant
attached hereto as Exhibit 4.1, and (ii) 20,000,000 warrants to
purchase 20,000,000 shares of the Companys common stock at an
exercise price of $0.02 per share for a period of five years from
the date of issuance to Mr. Xavier Aguilera, the Chief Financial
Officer of the Company, in consideration for his valuable service
contributions to the Company and in accordance with the warrant
attached hereto as Exhibit 4.2.

Effective December 31, 2016, Mr. Dane Medley submitted 18,000,000
of his shares of the Companys common stock for voluntary
cancellation and Mr. Xavier Aguilera submitted 10,000,000 of his
shares of the Companys common stock for voluntary cancellation.

SECTION 9. FINANCIAL STATEMENTS, PRO FORMA FINANCIALS
EXHIBITS
(d) Exhibits
4.1. Warrant issued to Mr. Dane Medley.
4.2 Warrant issued to Mr. Xavier Aguilera.


IMAGING3, INC. (OTCMKTS:IGNG) Recent Trading Information

IMAGING3, INC. (OTCMKTS:IGNG) closed its last trading session down -0.0027 at 0.0150 with shares trading hands.

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