NEWTOWN LANE MARKETING, INCORPORATED (OTCMKTS:NTWN) Files An 8-K Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant

Item 2.03

On February 14, 2017, Newtown Lane Marketing, Incorporated, a
Delaware corporation (the Company), issued a convertible
promissory note (the February 2017 Note) in the principal amount
of $50,000 to Ironbound Partners Fund, LLC (Ironbound), an
affiliate of the Companys President. The February 2017 Note has a
maturity date of August 31, 2017 and bears interest at the rate
of 5.0% per annum, payable at maturity. The principal and accrued
interest on the February 2017 Note is convertible, at the
election of Ironbound, into shares of the Companys common stock
following the consummation of a Qualified Financing (as defined
in the February 2017 Note), or upon the consummation of a
Fundamental Transaction (as defined in the February 2017 Note) at
the Conversion Price (as defined in the February 2017 Note). The
proceeds of the February 2017 Note will be utilized by the
Company to fund working capital needs.

The foregoing description of the February 2017 Note is qualified
in its entirety by the full text of the February 2017 Note, which
is filed as Exhibit 4.1 hereto and incorporated by reference
herein.

About NEWTOWN LANE MARKETING, INCORPORATED (OTCMKTS:NTWN)

Newtown Lane Marketing, Incorporated (Newtown) is a shell company. The Company’s main purpose is to serve as a vehicle to acquire an operating business. As of March 31, 2016, the Company had limited operations. As of March 31, 2016, the Company had no revenues. The Company does not own any operating business.

NEWTOWN LANE MARKETING, INCORPORATED (OTCMKTS:NTWN) Recent Trading Information

NEWTOWN LANE MARKETING, INCORPORATED (OTCMKTS:NTWN) closed its last trading session 00.000 at 0.100 with 110 shares trading hands.