Loan Payable, Related Parties (Details) - USD ($) |
12 Months Ended | |
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Dec. 31, 2016 |
Dec. 31, 2015 |
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Loan Payable, Related Parties Details | ||
Amount advanced by Chris Maggiore, a significant shareholder | $ 0 | $ 156,405 |
Mr. Maggiore advanced the Company an additional amount | 20,000 | 0 |
Total outstanding balance of advance | $ 0 | $ 176,405 |
Company agreed to pay interest on loan | 11.00% | 11.00% |
Accrued interest on indebtedness totaled | $ 20,396 | $ 19,835 |
Amount advanced by Officers | 0 | 2,000 |
HEP Investments, LLC loaned the Company | 1,890,872 | 2,246,202 |
Loans were converted to Convertible Secured Promissory Notes | $ 2,000,000 | $ 2,067,500 |
Convertible Secured Promissory Notes | 11.00% | 11.00% |
Remaining balance in loans payable to related parties | $ 69,574 | $ 178,702 |
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- Definition Accrued interest on indebtedness totaled No definition available.
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- Definition Amount advanced by Chris Maggiore, a significant shareholder No definition available.
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- Definition Amount advanced by Officers No definition available.
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- Definition Company agreed to pay interest on loan No definition available.
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- Definition Convertible Secured Promissory Notes No definition available.
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- Definition HEP Investments, LLC loaned the Company No definition available.
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- References No definition available.
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- Definition Loans were converted to Convertible Secured Promissory Notes No definition available.
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- Definition Mr. Maggiore advanced the Company an additional amount No definition available.
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- Definition Remaining balance in loans payable to related parties No definition available.
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- Definition Total outstanding balance of advance No definition available.
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