eWELLNESS HEALTHCARE CORPORATION (OTCMKTS:EWLL) Files An 8-K Entry into a Material Definitive Agreement

eWELLNESS HEALTHCARE CORPORATION (OTCMKTS:EWLL) Files An 8-K Entry into a Material Definitive Agreement

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Item 1.01 Entry into a Material Definitive Agreement

On April 11, 2017, eWellness Healthcare Corporation (the
Registrant) executed an 8% Fixed Convertible Promissory Note
payable to an institutional investor (the Investor) in the
principal amount of $308,000 (the Note). The Note, which is due
on November 6, 2018 (the Maturity Date), was funded by the
Investor in the sum of $280,000 and $28,000 was retained by the
Investor through an original issue discount or OID for due
diligence and legal expense related to this transaction. The Note
is convertible into shares of the Registrants common stock, par
value $0.001 (the Shares), at a conversion price of $0.20 per
Share.

Item 8.01 Other Events

On April 11, 2017, the Registrant filed a registration statement
on Form S-1 (the Registration Statement) to provide for the
resale of up to 9,519,229 Shares issuable to the Investor, as a
selling stockholder, to a put right under an investment agreement
dated February 10, 2017, that permits the Registrant to put up to
five million dollars ($5,000,000) in Shares to the Investor over
a period of up to thirty-six (36) months or until $5,000,000 of
such shares have been put. Reference is made to the Registrants
Form 8-K filed with the SEC on February 22, 2017.

In the Registrants Definitive Information Statement filed with
the SEC on March 1, 2017, we disclosed that our Board of
Directors based upon the Joint Written Consent of our Majority
Consenting Stockholders had authorized a reverse split of our
outstanding shares of common stock on a ratio not to exceed one
for twenty (1:20) within 180 days from March 1, 2017. In response
to inquiries from a number of our stockholders, our Management
and Board of Directors want our stockholders and the public
markets to understand that we will continue to evaluate when and
if to implement any reverse split as well as any ratio thereof.
Our evaluation process will take into consideration the potential
impact any reverse will have on our future plans which may
include application for acceptance to a national exchange, such
as NASDAQ Capital Market, and will be timed to coincide with any
listing application.


About eWELLNESS HEALTHCARE CORPORATION (OTCMKTS:EWLL)

eWellness Healthcare Corporation is a physical therapy telemedicine company, which offers insurance reimbursable real-time distance monitored treatments. The Company’s business model is to license its PHZIO (PHZIO) platform to any physical therapy (PT) clinic in the United States and to offer its PHZIO platform as a fully PT monitored corporate wellness program. The Company is developing marketing channel partnerships with industry association members, existing software-based telemedicine providers and physical therapy billing and practice management providers. The Company’s PHZIO home physical therapy exercise platform is a real-time remote monitored one-to-many physical therapy platform for home use. Due to the real-time patient monitoring feature, the PHZIO platform is insurance reimbursable by payers, such as Anthem Blue Cross and Blue Shield. The PHZIO Solution is a technology platform solution for providers bundling rehabilitation services and employer wellness programs.

eWELLNESS HEALTHCARE CORPORATION (OTCMKTS:EWLL) Recent Trading Information

eWELLNESS HEALTHCARE CORPORATION (OTCMKTS:EWLL) closed its last trading session down -0.0050 at 0.0800 with shares trading hands.

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