Quarterly report pursuant to Section 13 or 15(d)

Notes Payable, Disclosure: Schedule of Notes Payable (Tables)

v3.7.0.1
Notes Payable, Disclosure: Schedule of Notes Payable (Tables)
6 Months Ended
Jun. 30, 2016
Tables/Schedules  
Schedule of Notes Payable

 

Principal

Balance

 

Interest

Rate

Accrued

Interest

 

Warrants

issued

 

Warrant

Fair Value

- Discount

 

Unamortized

Discount

Unsecured notes payable

$

420,000

 

12%

$

62,880

 

139,997

 

$

115,159

 

$

--

Secured notes payable

$

962,361

 

12% - 18%

$

205,379

 

--

 

$

--

 

$

--

Revolving line of credit

$

229,980

 

12%

$

46,272

 

--

 

$

--

 

$

--

$

1,612,341

 

$

314,531

 

139,997

 

$

115,159

 

$

--