Resonate Blends issues $110K convertible notes at 10%, conversion at $0.15 or 75% VWAP

Resonate Blends, Inc.

Issued two convertible notes of $55K each for $110K aggregate principal; received $100K after 10% original issue discount.
Notes bear 10% interest, mature nine months from Feb 4, 2022; prepayable but with default interest.
Conversion price fixed at $0.15/share; if no qualified offering ($2M+) by 5 months, becomes 75% of 20-day VWAP.
Issued 60K commitment shares per investor and warrants to buy 62,500 shares at $0.40 each.
Most favored nation clause lets investors claim any lower price from future securities within six months.

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