debt
confidence high
sentiment neutral
materiality 0.30
Clean Energy Technologies issues $125K convertible note to 1800 Diagonal Lending
Clean Energy Technologies, Inc.
- Principal of $125,080; purchase price $106,000 with $19,080 original issue discount.
- One-time 15% interest charge ($18,762); nine monthly payments of $15,982.45 starting Nov 15, 2024.
- Convertible after event of default at $1.00 per share, subject to anti-dilution and 4.99% beneficial ownership cap.
- Default triggers include non-payment, bankruptcy, or delisting of common stock.