SunHydrogen exchanges $268K convertible note for Series C Preferred convertible at $0.00095

SUNHYDROGEN, INC.

Converted $268,165 note ($187,800 principal + $80,365 accrued interest) into 2,700 Series C Preferred shares.
Series C Preferred carries 10% annual cumulative dividend, convertible into common at $0.00095 per share.
Investor cancels the note and foregoes future interest; note deemed fully paid and satisfied.
Series C Preferred has $100 stated value, no voting rights, and is senior to common for dividends.
Company filed Certificate of Designation authorizing 17,000 Series C Preferred shares with Nevada SOS.

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