Aethlon Medical Inc (AEMD)

[My 2 Cents]

From the 8k on 7-25-08

Someone thinks the price is a bargain and believes in his company... They may not have a lot of operating capital, but Joyce believes enough in the company to incur debt in the first place AND to get reimbursed with shares.

ITEM 8.01 OTHER EVENTS

On July 24, 2008, James A. Joyce, the Company's Chief Executive
Officer, acquired 100,000 shares of common stock at the closing market price of
$0.35 per share in exchange for forgiveness of debt. The debt was incurred in
prior years and related to salary and expenses. The conversion was memorialized
in a letter agreement with Company and approved by the Board of Directors, dated
July 24, 2008. These securities were issued in reliance upon an exemption from
registration pursuant to Section 4(2) of the Securities Act of 1933.