Insight Innovators, B.V. announced that it has entered into a securities purchase agreement for a private placement of 10% convertible promissory note in the aggregate principal amount of $500,000 on October 20, 2015. The notes will be issued to Susannah Forest and bear an interest of 10% per annum. The notes bear a default interest of 18% per annum and mature on May 19, 2017.