True Nature Holding, Inc. (OTCPK:TNTY) announced a securities purchase agreement with returning accredited investor PowerUp Lending Group, Ltd. for private placement of a convertible promissory note 5 for gross proceeds of $53,000 on January 2, 2019. The note are issued at par carries a fixed coupon of 12% per annum calculated on a 365 day year basis and matures on October 30, 2019. The note is convertible into common shares of the company at a conversion price of 61% of the average of the lowest two closing prices during the 20 trading days preceding any conversion date. The prepayment amount will be equal to 115% of the principal amount if paid under 30 days from the date of issuance, 120% if paid between 31 to 60 days, 125% if paid between 61 to 90 days, 130% if paid between 91 to 120 days, 135% if paid between 121 to 150 days and 140% between 151 to 180 days. The company will issue the securities pursuant to exemption provided under Regulation D.