debt
confidence high
sentiment neutral
materiality 0.55
Healthy Extracts issues $258,750 convertible promissory note to Labrys Fund II
HEALTHY EXTRACTS INC.
- Principal $258,750 with $33,750 OID; net proceeds $225,000 minus expenses.
- 10% interest, one-year maturity; convertible after 180 days at lower of $2.00 or 75% of lowest closing bid.
- Monthly amortization payments of $36,964.28 begin Jan 18, 2027 for six months.
- Note sold to accredited investor under Section 4(a)(2) exemption; no prepayment without holder consent.
- Company has 14,741,348 common shares outstanding as of July 17, 2026.