OTC/PINK Breaking Material Events

[Quintessence]

SNDD .0088 +52% RedHawk Completes Initial Tranche of Capital Raise

https://www.accesswire.com/559818/RedHawk-Completes-Initial-Tranche-of-Capital-Raise

Convertible notes mature at .015 per share.

The Convertible Notes mature on the fifth anniversary of the date of issuance and are convertible into shares of the Company’s common stock, par value $0.001 per share, at a price of $0.015 per share (the “Note Shares”). Interest accrues at a rate of 7% per annum and is payable semi-annually. The Convertible Notes are secured by certain real property assets of the Company. Under certain circumstances, the Company may issue a notice of its intent to redeem, for cash, an amount equal to the sum of (a) 120% of the then outstanding principal balance, (b) accrued but unpaid interest and (c) all liquidated damages and other amounts due in respect of the Convertible Notes. The holder of the Convertible Notes has the right to convert all or any portion of the Convertible Notes at the conversion price at any time prior to redemption.