ABCO Energy Inc. (ABCE)

[mikeo56]

As of May 20, 2019, [“Effective Date”], the Company issued to Power Up Lending Group, Inc. [“Power Up”], a $93,300.00 promissory note which includes an original issue discount of $13,300.00 and expenses of $3,000.00 [“Note”]. The Note is convertible into Company common stock beginning six months after the Effective Date with a discount rate of 19%.