Clean Energy Technologies issues $345K convertible note to Pacific Pier Capital

Clean Energy Technologies, Inc.

Sold $345,000 10% convertible note and 45,000 commitment shares for net proceeds of $300,500 after legal fees.
Note matures in 12 months; convertible after 6 months at 90% of lowest VWAP over prior 5 trading days.
Conversion capped at 4.99% beneficial ownership; aggregate share issuance limited to 1,250,000 until shareholder approval.
Proceeds to be used for business development and service provider payments; not for officer/director debt repayment.

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