Fision Corp. (FSSN) (FSSN)

[WiseTrader]

FSSN 8k maybe RS in it!

In consideration for the purchase of the Score stock, Fision will issue to Carmona at closing a Senior Secured Promissory Note for $500,000 substantially in the form attached as Exhibit 1 of the MOU, convertible into not more than ten (10) million shares of common stock of Fision at the higher of USD $0.05 per share or at the volume weighted average price (VWAP) over the last 10 trading days prior to conversion. Fision will also issue to Carmona by not later than March 31, 2023 a second, unsecured promissory note in a form satisfactory to Fision and Carmona in an amount equal to Score’s average gross revenue during calendar years ending 2021 and 2022. It will be convertible into not more than 10 million shares of common stock of Fision at USD $0.20 per share and will contain the usual and customary protections and adjustments for future corporate actions, including but not limited to pricing adjustments for reverse stock splits.