Stock seems pretty strong with this exception.
A bit concerned with this:
On March 18, 2016, CannaSys, Inc. entered into a Securities Purchase Agreement ("SPA") with Kodiak Capital Group, LLC, a Delaware limited liability company ("Kodiak"), and executed two 12% Convertible Redeemable Promissory Notes, each in the principal amount of $50,000 (the "Notes"). On March 18, 2016, Kodiak funded the first Note for $35,000, less $15,000 in due diligence costs and attorney fees, which was retained by Kodiak. Under the terms of the SPA and the second Note, the second Note is initially paid for by Kodiak's issuance to CannaSys of an offsetting secured note for $50,000 (the "Buyer Note"). The terms of the second Note do not become effective until Kodiak funds the Buyer Note, which funding is in CannaSys's sole discretion. The first Note and the Second Note (when funded by the offsetting Buyer Note) accrue interest at the rate of 12% per annum and mature on March 18, 2017. The outstanding amounts due under the Notes are immediately convertible into restricted shares of CannaSys common stock after 180 days from the issue date, at Kodiak's sole discretion, at 50% of the lowest closing bid price for the common stock during the 30 consecutive trading days immediately preceding the conversion date, with some exceptions.
