General form of registration statement for all companies including face-amount certificate companies

NOTES PAYABLE AND OTHER FINANCING AGREEMENTS (Tables)

v3.19.1
NOTES PAYABLE AND OTHER FINANCING AGREEMENTS (Tables)
 12 Months Ended
Dec. 31, 2018
Notes to Financial Statements  
Notes payable

Notes payable and other financing consists of:

 

    As of December 31,  
    2018     2017  
Short Term:                
Loan Agreements   $ 1,178,670     $ 1,161,360  
Financing Agreement     1,360,516       1,360,516  
Promissory Notes     1,343,682       1,343,682  
    $ 3,882,868     $ 3,865,558  
Long Term:                
Convertible Promissory Notes   $ 300,000     $ 2,940,000  
Debt Discount     —       (162,659 )
    $ 300,000     $ 2,777,341