Rokwader Inc. (OTCPK:ROKR) announced that it has executed a private placement of one 6% subordinated convertible promissory note at $55,500 per note with Yale Farar, President of the company for gross proceeds of $55,500 on March 17, 2015. The note carries interest of 6% per annum and is convertible at the option of the holder at any time into common stock of the company at a conversion price of $0.47 per share. The company may prepay any or all amounts due under this note at any time from the date of this note at 100% of the principal amount of the note together with accrued interest.