Drone Guarder, Inc. (OTCPK:DRNG) announced a securities purchase agreement for the private placement of a 12% convertible promissory note with EMA Financial, LLC for gross proceeds of $125,000 on May 8, 2018. The note carries a fixed coupon of 12% per annum and would mature on February 8, 2019. The note issued at par. The note is convertible into common shares of the company at the election of the purchaser at any time at a conversion price equal to the lesser of the trading price for common stock on the trading day prior to the closing date of the note, or a 50% discount to the lowest trading or lowest closing bid price for our common stock during the 20 trading day period immediately prior to conversion. The note prepay within 90 days of the closing date at a premium of 135% of all amounts owed to investor and at a premium of 150% if prepaid more than 90 but less than 180 days following the closing date. The company shall pay or reimburse to purchaser a non-refundable, non-accountable sum equal to $5,000 as and for the fees, costs and expenses and other fees and expenses of $2,500. The company has issued securities pursuant to exemption provided under Regulation D.