EVIO, Inc. (OTCPK:EVIO) announced that it has entered into agreements and receive 8% convertible promissory note with existing note holder in the amount $174,445 on February 4, 2021. The company paid $7,000 to legal expenses. The company issued note at an original issue discount of $17,445. The note maybe prepaid based on the following, 0-90 days, 125% of principal amount, 91-180, 135% of principal amount, 181 and above, 150% of principal amount. At any time after the original issue date until the note is no longer outstanding, the note shall be convertible at the lower of $0.006 or 70% of the lowest daily trade price in the twenty trading days prior to the conversion date.