Tuesday, December 26, 2017 7:04:21 PM
https://www.otcmarkets.com/edgar/GetFilingPdf?FilingID=12442881
ITEM 8.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT
On December 15, 2017, the Company entered into a 12% interest 12 month Convertible Promissory Note with EMA Financial, LLC, a Delaware limited liability
company. The face value of the note is $50,000 with a conversion price equal to the lower of: (i) the closing sale price of the Common Stock on the Principal
Market on the Trading Day immediately preceding the Closing Date, and (ii) 58% of either the lowest sale price for the Common Stock on the Principal Market
during the twenty (20) consecutive Trading Days including and immediately preceding the Conversion Date, or the closing bid price, whichever is lower.
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