Rich Pharmaceuticals Inc. (fka RCHA)

[Kool Aid Man]

Toxic finance PR from 2/28/17--"up to $2 MILLION..

"agreement that provides for the sale of up to $2 million in shares of the Company's common stock to GHS Investments, LLC"

http://www.prnewswire.com/news-releases/rich-pharmaceuticals-attracts-new-financing-package-with-ghs-investments-llc-300414675.html

Here's the agreement... it gets much worse
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11888370

On February 21, 2017, Rich Pharmaceuticals, Inc. (the “Company”) accepted a Debt Purchase Agreement (the “DPA”) between GHS Investments, LLC (“GHS”) and LG Capital Funding, LLC (“LG”) pursuant to which GHS purchased from LG outstanding convertible promissory notes in the principal amount of $563,027 (the “LG Debt”), and the Company executed a Promissory Note in the amount of $563,027 (the “LG Note”) in favor of GHS in lieu of the LG Debt. The Note bear interests at the rate of 8% and must be repaid on or before October 25, 2017.