Turbodyne Technologies, Inc. (OTCPK:TRBD) announced a private placement of convertible debt securities for gross proceeds of $1,500,000 on November 22, 2013. The company will issue securities pursuant to exemption provided under Regulation D. The minimum invested accepted from any outside investor will be $100,000. The company will pay 10% of proceeds plus 2% expense allowance and issue warrants to a broker for the issuance pursuant to the broker.