VNUE Inc (VNUE)

[Stock_Barber]

Power Up Lending Group Ltd. = Asher (Curt Kramer)

See the part in red... what year is it again? LOL!

On July 9, 2018 and August 30, 2019, the Company issued two convertible notes to Power Up Lending Group Ltd. (the “Buyer”) in the principal amounts of
$63,000 and $35,000, respectively. The notes carry an interest rate is 12% per annum (22% on default) and a maturity date of July 9, 2019 and August 30,
2019. The notes are convertible into shares of common stock of the Company at a 38% discount of the average of the two (2) lowest closing bid prices for the
Company’s common stock during the prior fifteen (15) trading day period. This feature gave rise to a derivative liability of $166,862 that is disused below.
The Buyer is limited to convert no more than 4.99%, at any one time, of the issued and outstanding common stock of the Company. The convertible notes are
subject to prepayment penalties. The Company instructed its transfer agent to reserve 51,138,520 shares of its common stock. The aggregate balance of the
notes outstanding, and the related debt discount was $98,000 and $80,701, respectively, as of September 30, 2018.