What changed in this filing

/stocks — the workspaceLOADING

Item 2. Unregistered Sales of Equity Securities

2018-06-06 compared with 2018-05-11 · 18 added, 20 removed, 10 unchanged (79% of the section changed)

SALES OF EQUITY SECURITIES AND USE OF PROCEEDS

September 19, 2017 the Company issued a Convertible Promissory Note in an amount up to $150,000 in favor of Roran (the

September 19, 2017 the Company issued a Convertible Promissory Note in an amount up to $150,000 in favor of Roran (the “

Note ”),

The Note was issued pursuant to a Convertible Loan Agreement with Roran (the “

and as of March 31, 2018, $74,338 has been drawn by the Company under the Note.

The Note was issued pursuant to a Convertible

Loan Agreement with Roran (the “

Loan Agreement ”).

Amounts borrowed under the Note bear interest at 12% per annum.

All outstanding principal and accrued interest on the Note is

due and payable on the maturity date, which is March 19, 2019.

The Note is convertible into shares of the Company’s common

stock (“

Amounts borrowed under the Note bear interest at 12% per

All outstanding principal and accrued interest on the Note is due and payable on the maturity date, which is March 19,

The Note is convertible into shares of the Company’s common stock (“

Common Stock”

) at any time at the discretion of Roran any time after the first 90-days under the Note

at a conversion price per share equal to the lesser of:

(i) 60% multiplied by the lowest trading price for the Common Stock during

the 20 trading days prior to the date of the Note;

or, (ii) 60% multiplied by the lowest trading price for the Common Stock during

the 20 trading days prior to the date of conversion.

) at any time

at the discretion of Roran any time after the first 90-days under the Note at a conversion price per share equal to the lesser

(i) 60% multiplied by the lowest trading price for the Common Stock during the 20 trading days prior to the date of the Note;

or, (ii) 60% multiplied by the lowest trading price for the Common Stock during the 20 trading days prior to the date of conversion.

The Note may be repaid in whole at any time.

The repayment amount is subject

to a premium on the outstanding principal balance of if repaid after 90-days, ranging from 10% to 25%, depending upon when repayment

If the Company fails to meet its obligations under the terms of the Note or the Loan Agreement, the Note shall become

immediately due and payable and subject to penalties provided for in the Note.

The foregoing descriptions of the Loan Agreement

and the Note do not purport to be complete and are qualified in their entirety by the terms and conditions of the Loan Agreement

and the Note.

The repayment amount is subject to a premium on the outstanding principal balance

of if repaid after 90-days, ranging from 10% to 25%, depending upon when repayment is tendered.

If the Company fails to meet its

obligations under the terms of the Note or the Loan Agreement, the Note shall become immediately due and payable and subject to

penalties provided for in the Note.

The foregoing descriptions of the Loan Agreement and the Note do not purport to be complete

and are qualified in their entirety by the terms and conditions of the Loan Agreement and the Note.

Note issued under the Loan Agreement was offered and sold without registration under the Securities Act in reliance on the exemptions

4 unchanged sentences

Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.

What changed 10-Q

Item 2. Unregistered Sales of Equity Securities