Company: BLIS
Filing Date: 2025-09-19
Form Type: 10-K/A
Source: 0001199835-25-000330
Chunk: 47

Company: NAPC Defense, Inc.
Filing Date: 2025-09-19
Form: 10-K/A
Chunk 47
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 rate of 10% and is due on demand; |

| - | A convertible note dated June 23, 2025 with a face                                                                               
 value of $50,000, proceeds to the Company of $50,000, an annual rate of interest of 10% that is convertible into shares at $0.01 
 and that is due on June 24, 2026;                                                                                                |

| - | A loan dated July 01, 2025 in the amount of $20,000                                                       
 with a related party individual lender. The loan has an annual interest rate of 10% and is due on demand. |

| - | A convertible note dated July 2, 2025 with a face                                                                                  
 value of $55,000, an original issue discount of $5,000, proceeds to the Company of $50,000, an annual rate of interest of 10% that 
 is convertible into shares at $0.02 and that is due on October 1, 2025;                                                            |

| - | A convertible note dated July 18, 2025 with a face                                                                                 
 value of $27,500, an original issue discount of $2,500, proceeds to the Company of $25,000, an annual rate of interest of 10% that 
 is convertible into shares at $0.01 and that is due on October 17, 2026;                                                           |

| - | A convertible note dated July 21, 2025 with a face value of $13,750, an original issue discount of $1,250, proceeds                        
 to the Company of $12,500, an annual rate of interest of 10% that is convertible into shares at $0.01 and that is due on October 21, 2025; 
 and                                                                                                                                        |

| - | A convertible note dated August 21, 2025 with a face value of                                                                           
 $150,000, an original issue discount of $15,000, proceeds to the Company of $135,000, an annual rate of interest                        
 of 10% that is convertible into shares at $0.01 and that is due on August 22, 2026. The note also states that the lender will receive   
 monthly performance bonus payments of $500 per unit of the CornerShot product manufactured and delivered by the Company upon receipt of 
 customer payment, limited to 100% of the loan value.                                                                                    |

Subsequent to April 30, 202