Mitesco, Inc. issued a 10% Original Issue Discount (OID) Convertible Promissory Note for $50,000 in purchase price, with a total repayment obligation of $55,000. The note matures in 12 months and carries a 10% interest rate. The note is convertible into common stock at $0.15 per share, subject to adjustments. The Board approved the issuance of Series X Preferred Stock to directors ($60,000 each) and Anglo Irish Investments, LLC ($60,000) for acquisition evaluation services. The company plans to file a Form S-8 for a new stock option plan allowing for 5 million shares. CEO Brian Valania's FY2026 compensation includes a $120,000 base salary and a $30,000 quarterly performance bonus, contingent on cash availability.