Luminar Media Group, Inc. (OTCPK:LRGR) announced that it has entered into a loan agreement with Kush Kapila for gross proceeds of $15,000 on March 22, 2017. The loan carries an interest of 8% per annum and id due in one year from the date of issuance. The loan is convertible into common shares of the company at a price equal to 60% of the bid price on the day of conversion.