Forza Innovations Inc. announced a private placement of a 10% fixed convertible promissory note of par value $180,000 on January 5, 2022. The note will be issued at a discount for proceeds of $150,000. The Note carries guaranteed interest on the principal amount at the rate of 10% per annum for the twelve-month term of the note for an aggregate guaranteed interest $18,000.

The principal amount and the guaranteed interest shall be due and payable in seven equal monthly payments of $28,285.71 commencing on June 5, 2022 and continuing on the 5th day of each month thereafter until paid in full not later than January 5, 2023. The transaction will include participation from Coventry Enterprises, LLC. The securities issued are pursuant to Section 4(2) and/or Rule 506 of Regulation D.