Drone USA, Inc. (OTCMKTS:DRUS) Files An 8-K Termination of a Material Definitive Agreement

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Drone USA, Inc. (OTCMKTS:DRUS) Files An 8-K Termination of a Material Definitive Agreement

Drone USA, Inc. (OTCMKTS:DRUS) Files An 8-K Termination of a Material Definitive Agreement
Item 1.02 Termination of a Material Definitive Agreement.

On August 20, 2018, Actus Fund, LLC (“Actus”) issued a conversion notice to convert a total of $52,636.43 based upon unpaid principal ($36,994.53), interest ($141.90), penalties ($15,000) and conversion fees ($500) under a convertible note dated January 26, 2018, into 24,368,717 shares of the registrant’s restricted common stock. Following conversion of the note, it will be cancelled and returned to the registrant as paid in full. The total number of shares of registrant’s common stock issued by the registrant to Actus following all conversions of principal, interest and penalties was 67,595,932.