Infinite Group, Inc.
|
175 Sully’s Trail, Suite 202
|
Pittsford, NY 14534
|
(585) 385-0610
|
A Delaware Corporation
|
IRS
Employer Identification Number: 52-1490422
|
Large
Accelerated filer
☐
Non-accelerated
filer
☐
|
Accelerated
filer
☐
Smaller
reporting company ☒
Emerging growth
company ☐
|
INFINITE GROUP, INC.
|
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Form 10-K
|
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|
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TABLE OF CONTENTS
|
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|
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PART I
|
|
Page
|
|
|
Item
1.
|
Business
|
3
|
|
Item
1A.
|
Risk
Factors
|
5
|
|
Item
1B.
|
Unresolved
Staff Comments
|
13
|
|
Item
2.
|
Properties
|
13
|
|
Item
3.
|
Legal
Proceedings
|
13
|
|
Item
4.
|
Mine
Safety Disclosures
|
13
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|
|
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PART II
|
|
|
|
|
Item
5.
|
Market
for Registrant’s Common Equity, Related Stockholder Matters
and Issuer Purchases of Equity Securities
|
13
|
|
Item
6.
|
Selected
Financial Data
|
13
|
|
Item
7.
|
Management’s
Discussion and Analysis of Financial Condition and Results of
Operations
|
14
|
|
Item
7A.
|
Quantitative
and Qualitative Disclosures About Market Risk
|
17
|
|
Item
8.
|
Financial
Statements and Supplementary Data
|
17
|
|
Item
9.
|
Changes
in and Disagreements With Accountants on Accounting and Financial
Disclosure
|
17
|
|
Item
9A.
|
Controls
and Procedures
|
17
|
|
Item
9B.
|
Other
Information
|
17
|
|
|
|
|
PART III
.
|
|
|
|
|
Item
10.
|
Directors,
Executive Officers and Corporate Governance
|
18
|
|
Item
11.
|
Executive
Compensation
|
19
|
|
Item
12.
|
Security
Ownership of Certain Beneficial Owners and Management and Related
Stockholder Matters
|
20
|
|
Item
13.
|
Certain
Relationships and Related Transactions, and Director
Independence
|
21
|
|
Item
14.
|
Principal
Accountant Fees and Services
|
22
|
|
|
|
|
PART IV
.
|
|
|
|
|
Item
15.
|
Exhibits
and Financial Statement Schedules
|
22
|
|
Signatures
|
24
|
At
December 31, 2017
|
Owned
|
Square Feet
Leased
|
Annual
Rent
|
Termination
Date
|
Pittsford, New
York
|
-
|
7,112
|
$
80,000
|
June 30,
2022
|
|
Bid
Prices
|
|
Year Ended December
31, 2017
|
High
|
Low
|
|
|
|
First
Quarter
|
$
.045
|
$
.025
|
Second
Quarter
|
$
.058
|
$
.025
|
Third
Quarter
|
$
.150
|
$
.035
|
Fourth
Quarter
|
$
.068
|
$
.015
|
|
|
|
Year Ended December
31, 2016
|
High
|
Low
|
|
|
|
First
Quarter
|
$
.085
|
$
.012
|
Second
Quarter
|
$
.047
|
$
.014
|
Third
Quarter
|
$
.038
|
$
.010
|
Fourth
Quarter
|
$
.050
|
$
.020
|
Name
|
Age
|
Position
|
Affiliated
Since
|
James Villa
(1)
|
60
|
Chairman of the
Board, Chief Executive Officer and President
|
2003
|
Donald W. Reeve
(1)
|
71
|
Director
|
2013
|
Andrew
Hoyen
|
47
|
Director and Chief
Operating Officer
|
2014
|
James
Witzel
|
64
|
Chief Financial
Officer
|
2004
|
Name and
Principal Position
|
Year
|
Salary
|
Option
Awards
*
|
Total
|
James Villa
|
2017
|
$
215,000
|
$
-
|
$
215,000
|
Chairman,
President and Chief Executive Officer
|
2016
|
$
203,490
|
$
9,200
|
$
212,690
|
Andrew Hoyen
|
2017
|
$
210,000
|
$
12,450
|
$
222,450
|
Chief Operating
Officer
|
2016
|
$
202,336
|
$
13,100
|
$
215,436
|
James Witzel
|
2017
|
$
150,000
|
$
-
|
$
150,000
|
Chief Financial
Officer
|
2016
|
$
150,024
|
$
-
|
$
150,024
|
Name
|
Number of Securities Underlying Unexercised Options
- Exercisable
|
Number of Securities Underlying Unexercised
Options -
Unexercisable
|
Option Exercise
Price
|
Option Expiration
Date
|
James
Villa
|
500,000
|
-
|
$
.115
|
1/20/2024
|
|
500,000
|
-
|
$
.04
|
9/29/2021
|
|
|
|
|
|
Andrew
Hoyen
|
200,000
|
-
|
$
.04
|
9/30/2019
|
|
250,000
|
-
|
$
.02
|
6/1/2026
|
|
500,000
|
-
|
$
.04
|
9/29/2021
|
|
400,000
|
-
|
$
.04
|
7/31/2022
|
|
100,000
|
-
|
$
.04
|
7/17/2022
|
|
|
|
|
|
James
Witzel
|
50,000
|
-
|
$
.67
|
7/27/2018
|
|
25,000
|
-
|
$
.16
|
2/4/2019
|
|
300,000
|
-
|
$
.145
|
6/17/2020
|
|
473,000
|
-
|
$
.093
|
8/11/2021
|
|
210,000
|
-
|
$
.115
|
1/20/2024
|
|
100,000
|
-
|
$
.05
|
12/30/2024
|
|
40,000
|
-
|
$
.05
|
3/2/2025
|
Name of Beneficial Owner (1)
|
Shares
of Common Stock Beneficially Owned (1)
|
Percentage
of Ownership
|
Andrew
Hoyen
|
1,846,734
(3)
|
6.0
%
|
Donald
W. Reeve
|
2,671,460
(4)
|
8.6
%
|
James
Villa
|
6,457,588
(5)
|
18.6
%
|
James
Witzel
|
2,015,406
(6)
|
6.6
%
|
All
Directors and Officers (4 persons) as a group
|
12,991,188
(2)
|
32.6
%
|
|
|
|
5% Stockholders:
|
|
|
Paul J.
Delmore
|
|
|
One America
Place
|
|
|
600 West
Broadway, 28th Floor
|
|
|
San
Diego, CA 92101
|
2,545,151
(7)
|
8.8
%
|
|
|
|
James
Leonardo
|
2,500,000
|
8.6
%
|
435
Smith Street
|
|
|
Rochester,
New York 14608
|
|
|
|
|
|
Allan
M. Robbins
|
12,261,879
(8)
|
30.4
%
|
44
Hampstead Drive
|
|
|
Webster,
NY 14580
|
|
|
(1)
|
Pursuant
to the rules of the Securities and Exchange Commission, shares of
common stock
include shares for which
the individual, directly or indirectly, has voting or shares voting
or disposition power, whether or not they are held for the
individual’s benefit, and shares
which an individual
or group has a right to acquire within 60 days from June 20, 2019
pursuant to the exercise of options or upon the conversion of
securities are deemed to be outstanding for the purpose of
computing the percent of ownership of such individual or group, but
are not deemed to be outstanding for the purpose of computing the
percentage ownership of any other person shown in the table. On
June 20, 2019, we had 29,061,883 shares of common stock
outstanding.
|
(2)
|
Assumes
that all currently exercisable options, which total 5,473,000
shares, and convertible securities, which total 16,565,566 shares,
owned by members of the group have been exercised.
|
(3)
|
Includes
250,000 shares, which are issuable upon the conversion of a note in
the principal amount of $25,000 through June 20, 2019; and
1,450,000 shares subject to currently exercisable
options.
|
|
|
(4)
|
Includes
1,800,000 shares subject to currently exercisable
options.
|
(5)
|
Includes
4,745,588 shares, which are issuable upon the conversion of notes
to Northwest Hampton Holdings, LLC, whose sole member is James
Villa, including principal in the amount of $146,300 and accrued
interest in the amount of $90,979 through June 20, 2019; and
1,000,000 shares subject to currently exercisable
options.
|
(6)
|
Includes
308,099 shares, which are issuable upon the conversion of a note in
the principal amount of $9,000 and accrued interest in the amount
of $6,405 through June 20, 2019; and 1,123,000 shares subject to
currently exercisable options.
|
(7)
|
Includes
2,360,000 shares owned of record by Upstate Holding Group, LLC, an
entity wholly-owned by Mr. Delmore.
|
(8)
|
Includes
11,261,879 shares, which are issuable upon the conversion of the
notes including principal in the amount of $304,000 and accrued
interest in the amount of $280,912 through June 20,
2019.
|
|
Equity Compensation Plan Table
|
||
|
Number of securities to be issued upon exercise of outstanding
options, warrants and rights
|
Weighted-average exercise price of outstanding options, warrants
and rights
|
Number of securities remaining available for future issuance under
equity compensation plans (excluding securities reflected in column
(a))
|
|
(a)
|
(b)
|
(c)
|
Equity compensation
plans previously approved by security holders (1)
|
1,146,000
|
$
.15
|
-
|
Equity compensation
plans not previously approved by security holders (2)
|
3,422,000
|
$
.06
|
578,000
|
Individual option
grants that have not been approved by security holders
(3)
|
3,463,000
|
$
.12
|
-
|
Total
|
8,031,000
|
$
.10
|
578,000
|
(1)
|
Consists
of grants under our 2005 Stock Option Plans of which all are
exercisable at December 31, 2017.
|
(2)
|
Consists
of grants under our 2009 Plan of which 2,544,500 are exercisable at
December 31, 2017.
|
(3)
|
Consists
of individual option grants approved by the Board of which
2,525,000 are exercisable at December 31, 2017.
|
|
2017
|
2016
|
Audit
fees
|
$
71,200
|
$
75,000
|
3.1
|
Certificate of Incorporation of the Company dated April 29, 1993.
(1)
|
Certificate of Amendment of Certificate of Incorporation dated
December 31, 1997. (3)
|
Certificate of Amendment of Certificate of Incorporation dated
February 3, 1999. (4)
|
Certificate of Amendment of Certificate of Incorporation dated
February 28, 2006. (6)
|
3.5
|
By-Laws of the Company. (1)
|
4.1
|
Specimen Stock Certificate. (1)
|
**2005 Stock Option Plan. (2)
|
**2009 Stock Option Plan. (9)
|
10.3
|
Form of Stock Option Agreement. (1)
|
Promissory Note dated August 13, 2003 in favor of Carle C. Conway.
(5)
|
Promissory Note dated January 16, 2004 in favor of Carle C. Conway.
(5)
|
Promissory Note dated March 11, 2004 in favor of Carle C. Conway.
(5)
|
Promissory Note dated December 31, 2003 in favor of Northwest
Hampton Holdings, LLC. (5)
|
Modification Agreement No. 3 to Promissory Notes between Northwest
Hampton Holdings, LLC and the Company dated October 1, 2005.
(6)
|
Modification Agreement No. 3 to Promissory Notes between Allan
Robbins and the Company dated October 1, 2005. (6)
|
Modification Agreement to Promissory Notes between the Company and
Carle C. Conway dated December 31, 2005. (6)
|
Modification Agreement to Promissory Note between Northwest Hampton
Holdings, LLC and the Company dated December 6, 2005.
(6)
|
Collateral Security Agreement between the Company and Northwest
Hampton Holdings, LLC dated February 15, 2006. (6)
|
Collateral Security Agreement between the Company and Allan Robbins
dated February 15, 2006. (6)
|
Purchase and Sale Agreement between the Company and Amerisource
Funding, Inc. dated May 21, 2004. (7)
|
Account Modification Agreement between the Company and Amerisource
Funding, Inc. dated August 5, 2005. (7)
|
Promissory Note dated June 13, 2008 in favor of Dan Cappa.
(8)
|
101.INS
XBRL Instance Document. *
|
|
101.SCH
|
XBRL
Taxonomy Extension Schema Document. *
|
101.CAL
|
XBRL
Taxonomy Extension Calculation Linkbase Document. *
|
101.LAB
|
XBRL
Taxonomy Extension Label Linkbase Document. *
|
101.PRE
|
XBRL
Taxonomy Extension Presentation Linkbase Document. *
|
101.DEF
|
XBRL
Taxonomy Extension Definition Linkbase Document. *
|
|
Infinite
Group, Inc.
|
|
|
|
|
|
|
Date:
July 3,
2019
|
By:
|
/s/
James Villa
|
|
|
|
James
Villa
|
|
|
|
Chief
Executive Officer
|
|
|
|
|
|
/s/
James Villa
|
|
|
|
James
Villa
|
|
Chairman
of the Board, Chief Executive Officer and President
|
July 3,
2019
|
|
|
(Principal
Executive Officer)
|
|
|
|
|
|
/s/
James Witzel
|
|
|
|
James
Witzel
|
|
Chief
Financial Officer
|
July 3, 2019
|
|
|
(Principal
Financial and Accounting Officer)
|
|
|
|
|
|
/s/
Andrew Hoyen
|
|
|
|
Andrew
Hoyen
|
|
Chief
Operating Officer and Director
|
July 3, 2019
|
|
|
|
|
/s/
Donald W. Reeve
|
|
|
|
Donald
W. Reeve
|
|
Director
|
July 3, 2019
|
INFINITE GROUP, INC.
CONTENTS
|
|
|
Page
|
|
|
|
|
Report of Independent Registered Public Accounting
Firm
|
F-1
|
|
|
Financial Statements:
|
|
|
|
Balance
Sheets
|
F-2
|
|
|
Statements of
Operations
|
F-3
|
|
|
Statements of
Changes in Stockholders' Deficiency
|
F-4
|
|
|
Statements of Cash
Flows
|
F-5
|
|
|
Notes to Financial Statements
|
F-6 -
F-17
|
INFINITE
GROUP, INC.
STATEMENTS
OF OPERATIONS
|
||
|
Years
Ended December 31,
|
|
|
2017
|
2016
|
Sales
|
$
6,386,919
|
$
7,095,577
|
Cost of
sales
|
4,441,225
|
5,005,626
|
Gross
profit
|
1,945,694
|
2,089,951
|
|
|
|
Costs
and expenses:
|
|
|
General and
administrative
|
1,148,870
|
1,218,040
|
Selling
|
1,194,763
|
946,740
|
Total costs and
expenses
|
2,343,633
|
2,164,780
|
|
|
|
Operating
loss
|
(397,939
)
|
(74,829
)
|
|
|
|
Other income - (see
Note 8)
|
569,999
|
0
|
|
|
|
Interest
expense:
|
|
|
Related
parties
|
(56,788
)
|
(55,332
)
|
Other
|
(190,272
)
|
(194,839
)
|
Total interest
expense
|
(247,060
)
|
(250,171
)
|
|
|
|
Net
loss
|
$
(75,000
)
|
$
(325,000
)
|
|
|
|
Net
loss per share – basic and diluted
|
$
.00
|
$
(.01
)
|
|
|
|
Weighted
average shares outstanding – basic and diluted
|
29,061,883
|
28,358,331
|
|
INFINITE
GROUP, INC.
STATEMENTS
OF CHANGES IN STOCKHOLDERS' DEFICIENCY
Years Ended December 31, 2017 and 2016
|
|||||
|
|
Additional
|
|
|
|
|
Common
Stock
|
Paid-in
|
Accumulated
|
|
|
|
Shares
|
Amount
|
Capital
|
Deficit
|
Total
|
|
|
|
|
|
|
Balance
- December 31, 2015
|
26,561,883
|
$
26,561
|
$
30,476,095
|
$
(34,259,521
)
|
$
(3,756,865
)
|
|
|
|
|
|
|
Stock based
compensation
|
0
|
0
|
36,803
|
0
|
36,803
|
Shares issued as
new loan fee
|
2,500,000
|
2,500
|
35,000
|
0
|
37,500
|
Stock options
issued as loan extension fee
|
0
|
0
|
14,720
|
0
|
14,720
|
Net
loss
|
0
|
0
|
0
|
(325,000
)
|
(325,000
)
|
|
|
|
|
|
|
Balance
- December 31, 2016
|
29,061,883
|
$
29,061
|
$
30,562,618
|
$
(34,584,521
)
|
$
(3,992,842
)
|
|
|
|
|
|
|
Stock based
compensation
|
0
|
0
|
15,238
|
0
|
15,238
|
Stock options
issued as loan fees
|
0
|
0
|
14,040
|
0
|
14,040
|
Net
loss
|
0
|
0
|
0
|
(75,000
)
|
(75,000
)
|
|
|
|
|
|
|
Balance
- December 31, 2017
|
29,061,883
|
$
29,061
|
$
30,591,896
|
$
(34,659,521
)
|
$
(4,038,564
)
|
|
|
|
|
|
|
INFINITE
GROUP, INC.
STATEMENTS
OF CASH FLOWS
|
||
|
Years
Ended December 31,
|
|
|
2017
|
2016
|
Cash
flows from operating activities:
|
|
|
Net
loss
|
$
(75,000
)
|
$
(325,000
)
|
Adjustments to
reconcile net loss to net cash
|
|
|
used in
operating activities:
|
|
|
Stock based
compensation
|
29,278
|
36,803
|
Depreciation and
amortization
|
142,212
|
91,621
|
Allowance for bad
debts
|
(40,000
)
|
0
|
Other
income
|
(569,999
)
|
0
|
(Increase) decrease
in assets:
|
|
|
Accounts
receivable
|
(195,817
)
|
(126,467
)
|
Prepaid expenses
and other assets
|
14,069
|
(5,114
)
|
Increase (decrease)
in liabilities:
|
|
|
Accounts
payable
|
518,230
|
(154,887
)
|
Accrued
expenses
|
41,896
|
96,006
|
Accrued
retirement
|
9,166
|
8,807
|
Net
cash used in operating activities
|
(125,965
)
|
(378,231
)
|
|
|
|
Cash
flows from investing activities:
|
|
|
Purchases of
property and equipment
|
(5,608
)
|
(8,383
)
|
Net
cash used in investing activities
|
(5,608
)
|
(8,383
)
|
|
|
|
Cash
flows from financing activities:
|
|
|
Proceeds from note
payable
|
0
|
500,000
|
Repayments of notes
payable
|
(5,779
)
|
(54,268
)
|
Proceeds from notes
payable - related parties
|
172,000
|
0
|
Repayments of notes
payable - related parties
|
(3,350
)
|
(30,192
)
|
Net
cash provided by financing activities
|
162,871
|
415,540
|
|
|
|
Net
increase in cash
|
31,298
|
28,926
|
|
|
|
Cash - beginning of
year
|
42,436
|
13,510
|
|
|
|
Cash
- end of year
|
$
73,734
|
$
42,436
|
|
|
|
Supplemental
Disclosures of Cash Flow Information:
|
|
|
Cash payments
for:
|
|
|
Interest
|
$
122,543
|
$
139,228
|
|
|
|
Income
taxes
|
$
0
|
$
0
|
|
|
December
31,
|
|
|
Depreciable
Lives
|
2017
|
2016
|
Software
|
3
years
|
$
34,934
|
$
34,934
|
Equipment
|
3 to 10
years
|
129,229
|
123,621
|
Furniture and
fixtures
|
5 to 7
years
|
17,735
|
17,735
|
|
181,898
|
176,290
|
|
Accumulated
depreciation
|
|
(163,549
)
|
(150,211
)
|
|
$
18,349
|
$
26,079
|
|
December
31,
|
|
|
2017
|
2016
|
Note payable, 10%,
unsecured (A)
|
$
30,000
|
$
30,000
|
Note payable, 10%,
secured by Software (B)
|
12,500
|
12,500
|
Demand note payable
to former director, 10%, unsecured
|
30,000
|
30,000
|
Convertible demand
note payable to former director, 12%, unsecured (C)
|
40,000
|
40,000
|
Convertible notes
payable, 6% (D)
|
150,000
|
150,000
|
Convertible term
note payable, 7%, secured (E)
|
100,000
|
100,000
|
Convertible demand
note payable to former employee, 11% (F)
|
0
|
5,779
|
|
$
362,500
|
$
368,279
|
|
December
31,
|
|
|
2017
|
2016
|
Demand note payable
to director, 6%, unsecured
|
$
20,000
|
$
0
|
Demand notes
payable to officer and director, 6%, unsecured
|
12,000
|
0
|
|
$
32,000
|
$
0
|
|
December 31
,
|
|
|
2017
|
2016
|
2016 note payable,
6%, unsecured, due December 31, 2021
|
$
500,000
|
$
500,000
|
Convertible note
payable, 6%, due January 1, 2020
|
264,000
|
264,000
|
Note payable, 10%,
secured, due January 1, 2018
|
265,000
|
265,000
|
Convertible term
note payable,12%, secured, due August 31, 2018
|
175,000
|
175,000
|
Term note payable -
PBGC, 6%, secured
|
246,000
|
246,000
|
Obligation to PBGC
based on free cash flow
|
0
|
569,999
|
|
1,450,000
|
2,019,999
|
Less deferred
financing costs
|
26,220
|
32,775
|
|
1,423,780
|
1,987,224
|
Less current
maturities
|
686,000
|
836,999
|
|
$
737,780
|
$
1,150,225
|
|
December
31,
|
|
|
2017
|
2016
|
Convertible notes
payable, 6%
|
$
155,300
|
$
155,300
|
Note payable,
$400,000 line of credit, 7.35%, unsecured
|
382,715
|
386,065
|
Convertible note
payable, 7%, due March 31, 2018
|
25,000
|
25,000
|
Note payable,
$100,000 line of credit, 6%, unsecured
|
90,000
|
0
|
Note payable,
$75,000 line of credit, 6%, unsecured
|
50,000
|
0
|
|
703,015
|
566,365
|
Less deferred
financing costs
|
14,720
|
32,039
|
|
688,295
|
534,326
|
Less current
maturities
|
29,660
|
0
|
|
$
658,635
|
$
534,326
|
|
Annual
|
Annual
|
|
|
Payments
|
Amortization
|
Net
|
2018
|
$
723,020
|
$
7,360
|
$
715,660
|
2019
|
8,000
|
7,360
|
640
|
2020
|
772,995
|
0
|
772,995
|
2021
|
599,000
|
26,220
|
572,780
|
2022
|
0
|
0
|
0
|
2023
|
50,000
|
0
|
50,000
|
Total long-term
obligations
|
$
2,153,015
|
$
40,940
|
$
2,112,075
|
|
Number
of Options Outstanding
|
Weighted
Average Exercise Price
|
Remaining
Contractual Term
|
Aggregate
Intrinsic Value
|
Outstanding at
December 31, 2015
|
8,443,500
|
$
.16
|
|
|
Granted
|
3,353,000
|
$
.09
|
|
|
Expired
|
(2,856,833
)
|
$
.17
|
|
|
Forfeited
|
(356,667
)
|
$
.05
|
|
|
Outstanding at
December 31, 2016
|
8,583,000
|
$
.12
|
|
|
Granted
|
1,080,000
|
$
.04
|
|
|
Expired
|
(169,500
)
|
$
.41
|
|
|
Forfeited
|
(1,462,500
)
|
$
.15
|
|
|
Outstanding
at December 31, 2017
|
8,031,000
|
$
.10
|
4.1 years
|
$
500
|
|
|
|
|
|
Vested
or expected to vest and exercisable at December 31,
2017
|
7,093,000
|
$
.08
|
4.5
years
|
$
500
|
|
December
31,
|
|
|
2017
|
2016
|
Deferred:
|
|
|
Federal
|
$
1,218,000
|
$
(44,000
)
|
State
|
(60,000
)
|
(9,000
)
|
|
1,158,000
|
(53,000
)
|
Change in valuation
allowance
|
(1,158,000
)
|
53,000
|
|
$
0
|
$
0
|
|
Infinite Group,
Inc.
|
|
|
|
|
|
|
Date: July 3,
2019
|
By:
|
/s/ James
Villa
|
|
|
|
James
Villa
|
|
|
|
Chief
Executive Officer
|
|
|
|
(Principal
Executive Officer)
|
|
|
Infinite Group,
Inc.
|
|
|
|
|
|
|
Date: July 3,
2019
|
By:
|
/s/ James
Witzel
|
|
|
|
James
Witzel
|
|
|
|
Chief
Financial Officer
|
|
|
|
(Principal
Financial Officer)
|
|
|
Infinite Group,
Inc.
|
|
|
|
|
|
|
Date: July 3,
2019
|
By:
|
/s/ James
Villa
|
|
|
|
James
Villa
|
|
|
|
Chief
Executive Officer
|
|
|
|
(Principal
Executive Officer)
|
|
|
Infinite Group,
Inc.
|
|
|
|
|
|
|
Date: July 3,
2019
|
By:
|
/s/ James
Witzel
|
|
|
|
James
Witzel
|
|
|
|
Chief
Financial Officer
|
|
|
|
(Principal
Financial and Accountnig Offcier)
|
|