debt
confidence high
sentiment neutral
materiality 0.60
Healthy Extracts issues $200K promissory note and 2M-share warrant to Bruce Kaiman
HEALTHY EXTRACTS INC.
- Issued $200,000 promissory note ($180K cash + $20K OID) at 10% interest, maturing Feb 15, 2023.
- Monthly payments of $17,804.26 for 11 months from April 22, 2022 through March 22, 2023.
- Granted warrant to purchase 2M shares at $0.05/share, exercisable for 3 years, includes cashless exercise.
- Securities issued under Section 4(a)(2) exemption; no registration for the warrant shares.