Chineseinvestors.com, Inc. (OTCPK:CIIX) entered into a securities purchase agreement with BHP Capital NY, Inc. for private placement of a 8% convertible promissory note for $75,000 on March 4, 2020. The notes carry a fixed coupon of 8% per annum. The note is convertible after 180 days after funding into the company’s common stock at a conversion price of 61% of the average of the two lowest trades in the 10 previous trading days before conversion. The company has instructed its transfer agent to reserve 5,000,000 shares of the company’s common stock to permit investor to convert the debt to equity. The notes carry maturity date of March 4, 2021. The company may prepay the outstanding principal amount of the notes, along with any accrued interest, at cash premium of 115% from the date of issue to 60 days following the issue date, 125% from 61 days from the date of issue to 120 days following the issue date, 135% from 121 days from the date of issue to 180 days following the issue date and after expiry of 180 days company will not have the right to prepay. The company issued securities pursuant to Regulation D. The company shall pay expenses of $3,000 for buyer's legal fees.