Schedule of Convertible Debt (June 30 2020 unaudited) |
Convertible debt consists of the following: |
|
|
|
|
|
|
March 31,
2021
(Unaudited)
|
|
December 31,
2020
|
1% Convertible notes payable, due April 30, 2021 (at March 31, 2021) |
$ |
240,000 |
$ |
240,000 |
|
|
|
|
|
11% Convertible note payable HEP Investments LLC, a related party, past due September 30, 2019 (as of March 31, 2021 no notice of default has been received) |
|
4,090,342 |
|
4,090,342 |
|
|
|
|
|
11% Convertible note payable New Lenders; placed by Paulson, past due at various dates ranging from September 2018 to October 2019 (as of March 31, 2021 no notice of default has been received) |
|
850,000 |
|
850,0000 |
|
|
5,180,342 |
|
5,180,342 |
Less: Current portion |
|
5,180,342 |
|
5,180,342 |
Long term portion |
$ |
- |
$ |
- |
|
|
|
December 31, |
|
December 31, |
|
|
2020 |
|
2019 |
1% Convertible notes payable, due January 2021 |
$ |
240,000 |
$ |
240,000 |
11% Convertible note payable HEP Investments, LLC, a related party, net of unamortized discount and debt issuance costs of $-0- and $-0-, respectively, due June 30, 2019 (as of December 31, 2020 no notice of default has been received) |
|
4,090,342 |
|
4,090,342 |
11% Convertible note payable New Lenders; placed by Paulson, due at various dates ranging from September 2018 to October 2019 (as of December 31, 2020 no notice of default has been received) |
|
850,000 |
|
950,000 |
|
|
5,180,342 |
|
5,280,342 |
|
|
|
|
|
Less: Current portion |
|
5,180,342 |
|
5,280,342 |
Long term portion |
$ |
- |
$ |
- |
|