Annual report pursuant to Section 13 and 15(d)

Debentures and Notes Payable (Tables)

v3.7.0.1
Debentures and Notes Payable (Tables)
12 Months Ended
Dec. 31, 2016
Debt Disclosure [Abstract]  
Debentures Payable
 
 
December 31,
 
December 31,
 
 
 
2016
 
2015
 
Notes and debentures payable:
 
 
 
 
 
 
 
5.25% Insurance premium finance agreement, due June 2017
 
$
24,794
 
$
-
 
9% Promissory note due June 2017
 
 
25,341
 
 
-
 
4.75% Convertible debenture due June 2017
 
 
64,124
 
 
-
 
Total notes and debentures payable
 
$
114,259
 
$
-
 
 
 
 
 
 
 
 
 
Notes payable - related party:
 
 
 
 
 
 
 
14% Term loan due June 2018
 
$
213,993
 
$
-
 
14% Term loan due June 2018
 
 
440,500
 
 
-
 
14% Term loan due June 2018
 
 
399,832
 
 
130,572
 
Total notes payable - related party
 
$
1,054,325
 
$
130,572