Sharing Services, Inc. (OTCPK:SHRV) announced a private placement of a convertible promissory note for gross proceeds of $250,000 on January 22, 2018. The transaction included participation from RB Capital Partners, Inc. The note will carry an interest of 12% per annum with the principal amount and all accrued interest being due and payable on demand. The note is convertible into shares of the company’s common stock at any time following 180 days from its issuance.