Conduit extends $800K convertible note, issues 2.78M shares

CDT Equity Inc.

Original $800K convertible note (20% interest) due Sept 20, 2024 amended; maturity extended to Oct 20, 2024, with possible further 30-day extensions.
On Oct 11, 2024, issued 2,781,250 shares of common stock: $80K worth at market price plus 2,000,000 shares.
Payees waived all previously due interest and principal payments; all now due on new Repayment Date.
Company may further extend maturity to Nov 19 or Dec 19, 2024 at its discretion.

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