SEC Contract Filing

Filing Date: 2019-03-06

Document Content:
<DOCUMENT>
<TYPE>EX-10.72
<SEQUENCE>16
<FILENAME>ex_136031.htm
<DESCRIPTION>EXHIBIT 10.72
<TEXT>
<html>
<head>
	<title>ex_136031.htm</title>
	<!-- Created by RDG HTML Converter v1.1.0.0 2/27/2019 12:42:27 PM --><meta charset="utf-8"><meta name="format-detection" content="telephone=no"/>
</head>
<body style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; padding:0in .1in;">
<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:right;">&nbsp;</p>

<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:right;"><b>Exhibit 10.72</b></p>

<p style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</p>

<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;">THE SECURITIES REPRESENTED BY AND UNDERLYING THIS WARRANT HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE &ldquo;ACT&rdquo;) OR ANY STATE SECURITIES LAWS AND MAY NOT BE TRANSFERRED, SOLD, ASSIGNED, PLEDGED, HYPOTHECATED OR OTHERWISE DISPOSED OF UNLESS (A) SUCH TRANSFER IS PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE ACT AND ANY APPLICABLE STATE SECURITIES LAWS, OR (B) SUCH TRANSFER IS EXEMPT FROM THE PROVISIONS OF SECTION 5 OF THE ACT, THE RULES AND REGULATIONS IN EFFECT THEREUNDER AND ANY APPLICABLE STATE SECURITIES LAWS.</p>

<p style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</p>

<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>&ldquo;PRE-WIRED&rdquo; WARRANT #1 TO PURCHASE SERIES A PREFERRED STOCK</b></p>

<p style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</p>

<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><i><b>Issue Date</b></i>: October 24, 2017</p>

<p style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</p>

<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: left; text-indent: 36pt;"><b>THIS WARRANT CERTIFIES THAT</b>, for value received, Kona Holdings I LLC, a Delaware limited liability company (<i><b>&ldquo;Holder&rdquo;</b></i>) is entitled to purchase from KonaRed Corporation, a Nevada corporation (the &ldquo;<i><b>Corporation</b></i>&rdquo;), subject to the provisions of and upon the terms and conditions set forth in this Warrant, a number of validly-issued, fully-paid and nonassessable shares of the Corporation&#39;s Series A Preferred Stock (&ldquo;<i><b>Shares</b></i>&rdquo;) up to the number calculated in the following paragraph, at an exercise price equal to the Warrant Price (as defined below) times the number of Shares for which this Warrant is being exercised.</p>

<p style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</p>

<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: left; text-indent: 36pt;">This Warrant shall be exercisable for the number of Shares which, as of immediately before the first exercise of this Warrant, is equal to 16/22 of 1/50,000<sup>th</sup> of the number of shares of the Corporation&rsquo;s Common Stock which, when defined as the numerator of a fraction and when also added to 367,370,324 to define the denominator of the fraction, results in the fraction being equal to 15.49%. (I.e., 1,347.02 Shares.)</p>

<p style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</p>

<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: left; text-indent: 36pt;">The &quot;<i><b>Warrant Price</b></i>&quot; per Share shall be equal to the quotient of $2,200,000 divided by the maximum number of Shares calculated to be available pursuant to this Warrant and the other warrant of like tenor issued to another holder on the date hereof. (I.e., $1,633.23 per Share.)</p>

<p style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</p>

<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:left;"><b>1.&nbsp;TERM. </b>This Warrant is exercisable at any time commencing on May 1, 2018 and ending on December 31, 2018 (subject to possible earlier termination as set forth below). This Warrant can be exercised in whole or in part. This Warrant is not exercisable to any extent after December 31, 2018.</p>

<p style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</p>

<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: left;"><b>2.&nbsp;EXERCISE.</b></p>

<p style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">&nbsp;</p>

<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: left; text-indent: 36pt;">2.1 <b>Method of Exercise</b>. The only method by which Holder may exercise this Warrant is by Holder delivering this original Warrant and a duly executed Notice of Exercise in substantially the form of <u>Appendix 1</u>, attached hereto and incorporated herein by this reference, to the principal office of the Corporation. Holder shall also deliver to the Corporation payment by wire transfer of immediately available United States funds to an account designated by the Corporation or by check for the aggregate Warrant Price for the Shares being purchased. Exercise shall not be deemed effective unless and until each of the original Warrant, the duly executed Notice of Exercise and the aggregate Warrant Price pa