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| AEMD.OB > SEC Filings for AEMD.OB > Form 8-K on 31-Jul-2008 | All Recent SEC Filings |
31-Jul-2008
Other Events, Financial Statements and Exhibits
On July 28, 2008, Edward G. Broenniman, a director, and his wife, Linda Broenniman, acquired 446,300 shares of common stock at the closing market price of $0.33 per share in exchange for forgiveness of debt. Both parties were former executives at Hemex, Inc., which the Company acquired in 1999. The debt was incurred in prior years and related to salary and expenses. The conversion was memorialized in a letter agreement with the Company and approved by the Board of Directors, dated July 28, 2008. These securities were issued in reliance upon an exemption from registration pursuant to Section 4(2) of the Securities Act of 1933.
(d) EXHIBITS
ITEM NO. DESCRIPTION
10.1 Letter agreement between Aethlon Medical, Inc. and Edward G.
Broenniman
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