Edgar Filing: POSITRON CORP

Ownership Submission

FORM 5

	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
	Form 3 Holdings Reported
	Form 4 Transactions Reported

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person ^*

O BRATE CECIL

2. Issuer Name and Ticker or Trading Symbol
POSITRON CORP [POSC.OB]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

_____ Director	__X__ 10% Owner
_____ Officer (give title below)	_____ Other (specify below)

(Last)

(First)

(Middle)

3118 N. CUMMINGS ROAD, P.O. BOX 399

3. Statement for Issuer's Fiscal Year Ended (Month/Day/Year)
12/31/2014

(Street)

GARDEN CITY,Â KSÂ 67846

4. If Amendment, Date Original Filed(Month/Day/Year)

6. Individual or Joint/Group Reporting
(check applicable line)
_X_ Form Filed by One Reporting Person
___ Form Filed by More than One Reporting Person

(City)

(State)

(Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)	4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned at end of Issuer's Fiscal Year (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1.Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	07/01/2014	Â	P4	1,250 ⁽¹⁾	A	$ 1.92 ⁽¹⁾	2,087,848 ⁽¹⁾	D	Â
Common Stock	07/01/2014	Â	P4	225 ⁽¹⁾	A	$ 1.88 ⁽¹⁾	2,088,073 ⁽¹⁾	D	Â
Common Stock	08/05/2014	Â	P4	5,000 ⁽¹⁾	A	$ 2.08 ⁽¹⁾	2,093,073 ⁽¹⁾	D	Â
Common Stock	08/06/2014	Â	S4	250 ⁽¹⁾	D	$ 1.92 ⁽¹⁾	2,092,823 ⁽¹⁾	D	Â
Common Stock	08/11/2014	Â	P	833,333 ⁽¹⁾ ⁽²⁾	A	$ 1.32 ⁽¹⁾	2,926,156 ⁽¹⁾	D	Â
Common Stock	08/25/2014	Â	P4	208 ⁽¹⁾	A	$ 1.68 ⁽¹⁾	2,926,364 ⁽¹⁾	D	Â
Common Stock	10/14/2014	Â	P4	500 ⁽¹⁾	A	$ 1 ⁽¹⁾	2,926,864 ⁽¹⁾	D	Â
Common Stock	10/21/2014	Â	P4	961 ⁽¹⁾	A	$ 0.8 ⁽¹⁾	2,927,825 ⁽¹⁾	D	Â
Common Stock	10/21/2014	Â	P4	411 ⁽¹⁾	A	$ 0.92 ⁽¹⁾	2,928,236 ⁽¹⁾	D	Â
Common Stock	10/21/2014	Â	P4	839 ⁽¹⁾	A	$ 0.96 ⁽¹⁾	2,929,075 ⁽¹⁾	D	Â

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

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SEC 2270 (9-02)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security
(Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code
(Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date
(Month/Day/Year)

7. Title and Amount of Underlying Securities
(Instr. 3 and 4)

8. Price of Derivative Security
(Instr. 5)

9. Number of Derivative Securities Beneficially Owned at End of Issuer's Fiscal Year
(Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)

11. Nature of Indirect Beneficial Ownership
(Instr. 4)

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
O BRATE CECIL 3118 N. CUMMINGS ROAD, P.O. BOX 399 GARDEN CITY,Â KSÂ 67846	Â	Â X	Â	Â

Signatures

/s/ Cecil O'Brate		07/27/2015
^**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	The number of shares and prices listed in Items 4 and 5 refer to the current number of shares and prices after a reverse split of the issuer's common stock, par value $0.0001 per share, on a 1 for 400 basis, which was made effective on April 8, 2015 (the "Reverse Stock Split"). This Form 5 is intended to correct errors to previously filed reports and to disclose all omitted open market transactions.
(2)	These shares were originally reported on a Form 4 filed March 31, 2015 with an incorrect transaction date of August 27, 2014. The reporting person acquired the shares through a private purchase from the issuer on August 11, 2014. This transaction was previously reported as covering 333,333,333 shares at a price of $0.003 per share but has been adjusted to reflect the Reverse Stock Split.
Â Remarks: FormÂ 3Â ofÂ 3

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