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Published on 1/13/2016 in the Prospect News PIPE Daily.

That Marketing Solution sells $31,000 convertible in $25,000 issuance

Convertibles sold to Beaufort Capital with an original issue discount

By Devika Patel

Knoxville, Tenn., Jan. 13 – That Marketing Solution Inc. raised $25,000 in a private placement of $31,000 convertible promissory notes with Beaufort Capital Partners LLC on Jan. 7, according to an 8-K filed Wednesday with the Securities and Exchange Commission.

The notes have an original issue discount of $6,000 and are due on June 7, 2016. They convert to common shares at a 42.5% discount to the lowest intra-day traded price of the stock during the 15 days preceding conversion. The convertibles may be prepaid at face value.

Based in Salt Lake City, That Marketing Solution owns and operates technology that converts oil-based nutrients into water-soluble products for better absorption by cells.

Issuer:That Marketing Solution Inc.
Issue:Convertible promissory notes, 150,000 unregistered and restricted common shares
Amount:$31,000
Maturity:June 7, 2016
Price:$25,000 ($6,000 original issue discount)
Conversion price:42.5% discount to the lowest intra-day traded price of the stock during the 15 days preceding conversion
Call:At par of $31,000
Warrants:No
Investor:Beaufort Capital Partners LLC
Settlement date:Jan. 7
Stock symbol:OTCBB: TSTS

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