Michael Hill, Chief Executive Officer, Director, and 10% Owner of APPlife Digital Solutions Inc, filed an amended statement of changes in beneficial ownership on November 12, 2026, restating in its entirety a prior filing dated October 23, 2026, to add previously omitted footnotes and correct footnote assignments.
Key Highlights
- Amendment purpose: The filing restates the original October 23, 2026 report to include footnotes 1 through 6, which were omitted from that original filing, to attach each footnote to the correct line and column, and to update the reporting person's address.
- No changed transactions: According to the filing, "No transaction, amount or holding reported in the original filing is changed."
- Late filing acknowledged: The original filing was filed late; transactions dated December 8, 2025, April 10, 2026, May 19, 2026, and May 27, 2026 were required to be reported within two business days of each transaction.
- Reverse stock split applied: All share amounts reflect the issuer's 1-for-250 reverse stock split effective June 12, 2026, which the filing notes is exempt under Rule 16a-9.
- Series B Preferred Stock issued: 750 shares of Series B Convertible Preferred Stock were issued on December 8, 2025 as compensation for no cash consideration, with the filing noting each share (stated value $100) is convertible into Common Stock at a variable price based on the closing price the trading day before conversion.
- SportsAlert Media notes: Two Convertible Promissory Notes were acquired indirectly through SportsAlert Media, LLC: $27,500 on April 10, 2026 (matured October 10, 2026, noted as remaining outstanding) and $5,000 on May 19, 2026.
- Mammoth Crest Capital holdings: Mammoth Crest Capital, LLC, owned 50% by Hill and 50% by Barrett Evans, holds 2,000,000 shares of Common Stock and 1,250 shares of Series C Convertible Preferred Stock, with Hill disclaiming beneficial ownership beyond his pecuniary interest.
APPlife Digital CEO Hill Discloses Transactions Across Multiple Securities
Michael Hill, who serves as Chief Executive Officer, Director, and 10% Owner of APPlife Digital Solutions Inc (OTC:ALDS), disclosed a series of transactions spanning late 2025 and the first half of 2026. The transactions involved Common Stock, Series B Convertible Preferred Stock, Convertible Promissory Notes, and Series C Convertible Preferred Stock, held both directly and indirectly through two entities he is associated with: SportsAlert Media, LLC, of which he is the managing member and sole owner, and Mammoth Crest Capital, LLC, in which he holds a 50% interest alongside co-managing member Barrett Evans.
Among the non-derivative transactions reported, Common Stock acquired indirectly through SportsAlert Media, LLC totaled 11,000 shares on April 10, 2026 and 2,000 shares on May 19, 2026, both at $0.0000, described in the filing as inducement shares issued as consideration for loans under promissory notes. A separate transaction on May 27, 2026 recorded 12,000 shares acquired at $0.8 under a Credit Card Facility Agreement dated April 15, 2026, with the filing noting the $9,600 value of those shares as reported in the issuer's Form 10-K for fiscal 2026. Following reported transactions, SportsAlert Media, LLC beneficially owned 93,000 shares of Common Stock, while Mammoth Crest Capital, LLC held 2,000,000 shares of Common Stock indirectly.
On the derivative side, the 750 shares of Series B Convertible Preferred Stock issued December 8, 2025 carry a variable conversion feature: based on the $0.08 closing price on October 14, 2026, the filing states those 750 shares "would convert into approximately 937,500 shares of Common Stock." The two Convertible Promissory Notes held through SportsAlert Media, LLC convert into Common Stock at the lesser of 80% of a qualified transaction price or a valuation-cap price equal to $6,480,082 divided by fully diluted shares, with the filing noting that because a qualifying transaction has not occurred, "the conversion price and the number of underlying shares are not currently determinable." The 1,250 shares of Series C Convertible Preferred Stock held through Mammoth Crest Capital, LLC each convert into 0.01% of fully diluted Common Stock, so the full 1,250 shares represent 12.5% of fully diluted Common Stock upon conversion.
What Was Disclosed
Michael Hill filed an amended beneficial ownership statement for APPlife Digital Solutions Inc covering transactions from December 2025 through May 2026 in Common Stock, Series B and Series C Convertible Preferred Stock, and Convertible Promissory Notes, held directly and through two affiliated entities. The amendment adds footnotes omitted from the original filing and updates the reporting person's address, with no transaction amounts changed.




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