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Re: None

Tuesday, 07/26/2016 5:03:02 PM

Tuesday, July 26, 2016 5:03:02 PM

Post# of 64600
8K out.. Make sure you do your research on all the notes..

On July 12, 2016, CannaSys, Inc., entered into the First Amendment to 8% Convertible Redeemable Notes to amend the terms of the 8% Convertible Redeemable Notes of CannaSys, Inc. dated December 16, 2015 (a front-end note and a back-end note each in the amount of $35,000, together, the "Notes"), with Adar Bays, LLC, a Florida limited liability company. The front-end note was funded on December 10, 2015. In consideration of Adar Bay's agreement to fund the back-end note, CannaSys agreed to cap the conversion price for the Notes at $0.00205 per share. Adar Bays funded $20,000 of the back-end note on July 12, 2016 (less $1,142 for fees) and agreed to fund the balance of the back-end note on CannaSys's filing of a preliminary information statement.
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