Blow and Drive Interlock Raises $50,000

Los Angeles, CA Dec 4,2015 Blow & Drive Interlock Corporation (OTCQB:BDIC) The company is pleased to announce the raise of $50,000 to be used towards the manufacturing of an additional 1,000 of our State of Art BDI-747 Breath Alcohol Ignition Interlock Devices.

On November 24, 2015, we entered into an agreement with David Petlak, one of our existing non-affiliate shareholders, and issued a 10% interest bearing convertible debenture for $50,000 due on November 19, 2017. The loan is convertible at 70% of the average of the closing prices for the common stock during the five trading day prior to the conversion date, but may not be converted if such conversion would cause the holder to own more than 9.9% of our outstanding common stock after giving effect to the conversion. In connection with the issuance of the promissory note, we issued Mr. Petlak a warrant to purchase 80,000 shares of our common stock at an exercise price of $0.80 per share. The warrant has an exercise period of two years from the date of issuance. The issuance of the promissory note and warrant was exempt from registration pursuant to Section 4(a)(2) of the Securities Act of 1933. The investor was sophisticated, familiar with our operations, and there was no solicitation.