Medifirst Solutions, Inc (OTCPK:MFST) announced that it has entered into a securities purchase agreement for a private placement of a secured convertible promissory note for gross proceeds of $43,000 with returning investor, PowerUp Lending Group, Ltd. on March 22, 2019. The note carries a fixed interest at the rate of 8% and would mature on September 21, 2020. The notes are issued at par. The company has the right to be prepaid, subject the payment of a prepayment premium, subject to a beneficial ownership limitation equal to 4.99%, principal and interest on the notes is convertible into shares of the company’s common stock of par value $0.0001 per share at a conversion price equal to 65% of the lowest closing bid price during the twenty day prior to any requested conversion. The securities are issued pursuant to exemption provided under Section 4(a)(2) of the Securities Act of 1933 and Regulation D.