Loan Payable, Related Parties (Details) - USD ($) |
3 Months Ended | 12 Months Ended | |
---|---|---|---|
Mar. 31, 2017 |
Mar. 31, 2016 |
Dec. 31, 2016 |
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Loan Payable, Related Parties Details | |||
Amount advanced by Chris Maggiore, a significant shareholder | $ 20,000 | ||
Advanced the Company for a total owed | $ 176,405 | ||
Mr. Maggiore advanced the Company an additional amount | $ 30,000 | ||
Total outstanding balance of advance | $ 206,405 | ||
Company agreed to pay interest on loan | 11.00% | 11.00% | |
Accrued interest on indebtedness totaled | $ 46,293 | $ 46,293 | |
Company owed HEP Investments | $ 178,702 | ||
HEP Investments, LLC loaned the Company | 1,000,000 | 1,890,872 | |
Loans were converted to Convertible Secured Promissory Notes | $ 1,000,000 | $ 2,000,000 | |
Convertible Secured Promissory Notes | 11.00% | 11.00% | |
Remaining balance in loans payable to related parties | $ 69,574 | $ 69,574 |
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- Definition Accrued interest on indebtedness totaled No definition available.
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- Definition Advanced the Company for a total owed No definition available.
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- Definition Amount advanced by Chris Maggiore, a significant shareholder No definition available.
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- Definition Company agreed to pay interest on loan No definition available.
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- Definition Company owed HEP Investments 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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