Healthy Extracts Inc (HYEX)

[KeepItRealistic]

Ok, cool corrected

Notes come free trading after the 6 month restriction and are usually processed before their due date.

Our current low of .0027 puts the conversions at 55% of .0027 (.0013)

These are the 3 notes I am referring to.

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12386127
page 10 of filing above

NOTE 6 – CONVERTIBLE DEBT (CONTINUED)

This one came off restriction on Nov 12th, so let’s assume its done by now.

On May 12, 2017, the Company executed a convertible promissory note for $60,000 with an OID of $3,000. The loan bears interest at 12% per annum and is due on February 20, 2018. In the event of default, the interest rate increases to 22% per annum. The lender has the right to convert the principal amount and unpaid interest of the loan beginning 180 days after original loan date at a rate of 61% of the average of the two lowest trading price during the prior 15 days of conversion.

This came to market Dec 22nd

On June 22, 2017, the Company executed a convertible promissory note for $33,000 with an OID of $3,000. The loan bears interest at 12% per annum and is due on February 20, 2018. In the event of default, the interest rate increases to 22% per annum. The lender has the right to convert the principal amount and unpaid interest of the loan beginning 180 days after original loan date at a rate of 61% of the average of the two lowest trading price during the prior 15 days of conversion.


This one is coming to market on January 5th

On July 5, 2017, the Company executed a convertible promissory note for $50,000 with an OID of $7,500. The loan bears interest at 9% per annum and is due on June 26, 2018. The lender has the right to convert the principal amount and unpaid interest of the loan at a rate of 58% of the average of the lowest trading price during the prior 15 days of conversion. This loan has prepayment penalties.

--------------------------------------------


The next 2 notes alone add another 83K plus interest 7k = 90k

The new notes are at 58 & 61 % discount, so more like .0012

90k divided by .0012 conversion rate at best is another 75 million shares.