IIOT-OXYS appointed Vidhyadhar Mitta as a director effective September 21, after he exchanged $216,156 owed under a 12% secured convertible note and cancelled 12,000 Series A preferred shares. Investors now have a board appointment tied to that earlier Debt exchange, while the board has no committees.

Key Highlights

  • Vidhyadhar Mitta joined IIOT-OXYS’s board effective September 21, 2026.
  • The earlier debt exchange covered $216,156 owed under a 12% secured convertible promissory note.
  • Mitta agreed to cancel 12,000 Series A Preferred Shares as part of the agreement.

IIOT-OXYS, Inc. (OTC: ITOX), a packaged software company, appointed Vidhyadhar Mitta to its board effective September 21, 2026. Mitta had previously served as a director. The appointment places him back on the board following an earlier debt exchange involving the company.

Board Appointment and Debt Exchange Details

No arrangement or understanding with other people accompanied Mitta’s appointment. IIOT-OXYS’s board has no committees, meaning Mitta was not assigned to one. The company entered into the debt exchange agreement with Mitta on October 30, 2025, covering $216,156 in principal and accrued, unpaid interest owed under a 12% Secured Convertible Promissory Note issued on August 2, 2019. Clifford L. Emmons signed for IIOT-OXYS on September 23, 2026 as Chief Executive Officer.