PositiveID Corporation (OTCPK:PSID) announced that it has entered into a securities purchase agreement with returning investor GHS Investments, LLC for a private placement of a secured convertible promissory notes for gross proceeds of $82,500 on January 2, 2018. The note carries a fixed coupon of 10% per annum. The company announced that it will receive $75,000 in net proceeds. The notes will mature 12 months from the closing date and is secured by all property of the company. The note may be converted by the investor at any time into shares of company’s common stock at a 37.5% discount to the lowest closing bid price for the company’s common stock.