Guard Dog, Inc. (OTCPK:GRDO) announced that it will receive funding in a non-brokered private placement on August 26, 2019. The company will issue convertible debentures in the transaction. The company will also issue warrants entitling the holders to purchase new shares from the company at $.0064 per share on a post-split basis. The debentures have a term of 12 months and carry a fixed interest rate of 15%. The debenture holders will be entitled to purchase new shares from the company at $.0064 per share on a post-split basis. The company may issue an aggregate total of $400,000 of these notes, at its own discretion and need. On the same day, the company has received $150,000 in its first tranche closing.