The Green PolkaDot Box, Inc. (OTCBB:GPDB) announced a private placement of convertible promissory notes on a best-efforts basis to accredited investors for gross proceeds of $500,000 on May 14, 2012. The notes will bear interest at the rate of 12% per annum and are due on June 30, 2012. The securities are issued pursuant to Regulation D. The notes are convertible into common units at the rate of $.72 per unit, and warrant for each 1.5 common units acquired on the conversion of the note. The warrants will be exercisable at $1.35 per unit until December 31, 2016.

On May 14, 2013, The Green PolkaDot Box, Inc. cancelled the transaction.