MakingORG, Inc. announced that it has entered into a material definitive agreement for a private placement of a convertible promissory note with Junhan Xie for gross proceeds of $200,000 on September 1, 2016. The note was issued at par. The note will mature on September 1, 2018 and will bear interest at a rate of 12% per annum commencing of September 1, 2016 and shall be payable in installments of $12,000 in cash or common shares at the rate of $3.50 per share, commencing March 1, 2017 and every six months thereafter until the note is paid in full. The note will be convertible at a rate of one share for each $3.50 of principal and/or interest converted. The number of shares issuable upon conversion is subject to adjustment in the case of a subdivision, combination or reclassification of the company’s stock or the payment of a dividend or the making of a distribution of its stock by the company. The company has the right to prepay the note at any time without a premium or penalty.