Quarterly report pursuant to Section 13 or 15(d)

Notes Payable (Tables)

v3.21.1
Notes Payable (Tables)
3 Months Ended
Mar. 31, 2021
Debt Disclosure [Abstract]  
Schedule of Notes Payable
    March 31, 2021     December 31, 2020  
             
Notes payable at beginning of period   $ 6,835,196     $ 6,874,795  
Notes payable issued     250,000       1,364,611  
Liquidated damages     -       452,095  
Note modification     -       25,190  
Loan fees added to note payable     -       120,389  
Repayments of notes payable in cash     (13,500 )     (22,000 )
Settlements on note payable     -       (697,253 )
Less amounts converted to stock     (234,700 )     (1,282,631 )
Notes payable at end of period     6,836,996       6,835,196  
Less debt discount     (100,987 )     (201,157 )
    $ 6,736,009     $ 6,634,039  
                 
Notes payable issued to a former related party   $ 137,500     $ 143,000  
Notes payable issued to non-related parties   $ 6,598,509     $ 6,491,039  
Schedule of Maturity Dates of Notes Payable

The maturity dates on the notes-payable are as follows:

 

    Notes to        
12 months ending,   Former Related party     Non-related parties     Total  
                   
Past due   $ 137,500     $ 3,453,149     $ 3,590,649  
March 31, 2022     -       3,246,347       3,246,347  
    $ 137,500     $ 6,699,496     $ 6,836,996