MetaWorks Platforms closes $104,250 promissory note with default conversion rights

WASTE ENERGY CORP.

Net proceeds of $104,250 from unsecured promissory note; principal $119,887.50 plus 11% interest ($13,187).
Note matures July 15, 2024, with 10 monthly payments of $13,307.40 beginning October 15, 2023 (corrected from Oct 11 release).
In default, note converts to common stock at lowest trading price in prior 25 trading days or cash repayment at 150% (press release) or 200% (8-K).
Securities issued under Section 4(a)(2) and/or Rule 506 exemption from registration.

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