Clean Energy Technologies issues $256K convertible note to Pacific Pier, receives $223.4K net

Clean Energy Technologies, Inc.

Issued $256K principal convertible note and 45,000 shares of common stock to Pacific Pier Capital for net proceeds of $223,400.
Note matures in 12 months, bears 10% interest, convertible after 6 months at 90% of lowest VWAP over prior 5 trading days.
Conversion limited to 4.99% beneficial ownership; aggregate issuance capped at 1.25M shares pending Nasdaq shareholder approval.
Proceeds to be used for business development and service provider payments, not insider or corporate finance debt repayment.

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