Quarterly report pursuant to Section 13 or 15(d)

NOTE 10: CONVERTIBLE NOTES PAYABLE: Schedule of Convertible Notes Payable, Other (Tables)

v3.10.0.1
NOTE 10: CONVERTIBLE NOTES PAYABLE: Schedule of Convertible Notes Payable, Other (Tables)
9 Months Ended
Sep. 30, 2018
Tables/Schedules  
Schedule of Convertible Notes Payable, Other

 

 

 

September 30,

2018

 

December 31,

2017

Convertible note payable, due on April 21, 2025, interest at 4% p.a.

$

-

$

16,600

Convertible note payable, due on October 1, 2029, interest at 3.5% p.a.

 

484,478

 

850,000

Convertible note payable, due on October 1, 2029, interest at 3.5% p.a.

 

1,000,000

 

1,000,000

Convertible note payable, due on December 12, 2018, interest at 8% p.a.

 

2,336,372

 

4,210,000

Finance premium costs payable, due on December 12, 2018

 

584,093

 

1,050,000

Accrued interest

 

104,849

 

172,143

Total

 

4,473,792

 

7,298,743

Less: unamortized debt discount/finance premium costs

 

(940,522)

 

(1,938,690)

Convertible note payable, net

 

3,533,270

 

5,360,053

Less: current portion

 

(2,780,622)

 

(4,635,914)

Long term portion

$

752,648

$

724,139