Nutra Pharma Corp (NPHC)

[joe_techi]

Loan conversion scheme (fake loan for discounted shares) in full swing

During the first quarter of 2022, we issued convertible promissory notes to the unrelated third parties for a total of $172,500 with original issuance discount of $22,500. The Noteholders have the right to convert the note into shares of Common Stock at a conversion price ranging from $0.0005 to $0.0008 per share. The notes are due one year from the execution and funding of the notes.