Medifirst Solutions, Inc (OTCPK:MFST) announced that it has entered into a securities purchase agreement with returning investor PowerUp Lending Group, Ltd. for private placement of a secured convertible promissory note for gross proceeds of $43,000 on June 11, 2019. The note carries a fixed interest at the rate of 8% and would mature on December 11, 2020. The notes are issued at par. The company has the right to be prepay the note in whole or in part, subject to the payment of a prepayment premium, subject to a beneficial ownership limitation equal to 4.99%, principal and interest on the notes is convertible into shares of the company’s common stock of par value $0.0001 per share at a conversion price equal to 65% of the lowest closing bid price during the twenty day prior to any requested conversion. The prepayment period from 30 days and ending 530 days following the issue date.