Annual report pursuant to Section 13 and 15(d)

Convertible Notes Payable (Tables)

v3.21.2
Convertible Notes Payable (Tables)
 12 Months Ended
Dec. 31, 2020
Debt Disclosure [Abstract]  
Schedule of convertible notes payable activity
    For The Year Ended December 31, 2020
    Effective
Date		   Maturity Date
(as amended,
if applicable)		   01/01/20
Principal
Balance		     Debt Issued     Debt Discount     Amortization of Debt Discount     Impact of Extinguishment     Unpaid Interest Capitalized to Principal     Amendment
to
Senior Notes &
Bridge Notes		     Conversions to Common Stock     12/31/20
Principal
Balance		  
Dominion Convertible Promissory Note   06/12/20   02/11/21   $ -     $ 1,805,556     $ (722,966 )   $ 134,134     $ 588,832     $ -     $ -     $ (972,222 )   $ 833,334  
Kingsbrook Convertible Promissory Note   06/12/20   02/11/21     -       1,796,411       (685,615 )     127,227       558,388       -       -       (1,695,411 )     101,000  
Alpha Capital Convertible Promissory Note   06/12/20   02/11/21     -       1,111,111       (800,421 )     94,786       705,635       -       -       (495,000 )     616,111  
Amended Senior Note   07/25/19   08/28/21     1,405,695       -       -       -       -       104,418       (1,510,113 )[1]     -       -  
Amended Senior Note (1)   07/25/19   08/28/21     1,081,251       -       -       -       -       123,681       563,847 [2]     (1,768,779 )     -  
Bridge Note   12/27/19   08/28/21     250,000       -       -       -       -       -       25,000 [3]     -       275,000  
Bridge Note   01/03/20   08/28/21     -       82,500       -       -       -       -       8,250 [3]     -       90,750  
Total           $ 2,736,946     $ 4,795,578     $ (2,209,002 )   $ 356,147     $ 1,852,855     $ 228,099     $ (913,016 )   $ (4,931,412 )   $ 1,916,195  
    For the Year ended December 31, 2019
    Effective
Date		   Maturity Date
(as amended,
if applicable)		   01/01/19
Principal
Balance		     Debt Issued    

Debt Discount

     Amortization of Debt Discount     Impact of Extinguishment     Unpaid Interest Capitalized to Principal     Amendment
to
Senior Notes &
Bridge Notes		     Conversions to Common Stock     12/31/19
Principal
Balance		  
Senior Note   07/25/19   08/28/21   $        -     $ 1,025,000     $        -     $        -     $        -     $ 56,251     $       -     $       -     $ 1,081,251  
Amended Senior Note   07/25/19   08/28/21     -       900,000       -       -       -       49,390       456,305       -       1,405,695  
Amended Senior Note   07/25/19   08/28/21     -       26,372       -       -       -       4,427       12,342       (43,141 )     -  
Bridge Note   12/27/19   08/28/21     -       250,000       -       -       -       -       -       -       250,000  
Total           $ -     $ 2,201,372     $ -     $ -     $ -     $ 110,068     $ 468,647     $ (43,141 )   $ 2,736,946  
Schedule of convertible notes payable related parties
    For the year ended December 31, 2020
    Effective
Date		   Maturity Date
(as amended,
if applicable)		   01/01/20
Principal
Balance		     Debt Issued     Unpaid Interest Capitalized to Principal     Amendment
to
Senior Notes		     Conversions to Common Stock     12/31/20
Principal
Balance		  
Amended Senior Notes (1)   07/25/19   08/28/21   $ 184,604     $       -     $ 34,760     $ 51,396       (270,760 )   $ -  
180 LP Convertible Note   09/24/13   09/25/15     160,000       -       -       -       -       160,000  
180 LP Convertible Note   06/16/14   06/16/17     10,000       -       -       -       -       10,000  
180 LP Convertible Note   07/08/14   07/08/17     100,000       -       -       -       -       100,000  
Total           $ 454,604     $ -     $ 34,760     $ 51,396     $ (270,760 )   $ 270,000  
    For the Year Ended December 31, 2019
    Effective
Date		   Maturity Date
(as amended,
if applicable)		   01/01/19
Principal
Balance		     Debt Issued     Unpaid Interest Capitalized to Principal     Amendment
to
Senior Notes		     Conversions to Common Stock     12/31/19
Principal
Balance		  
Amended Senior Notes   07/25/19   08/28/21   $         -     $ 175,000     $ 9,604     $         -               -     $ 184,604  
180 LP Convertible Note   09/24/13   09/25/15     160,000       -       -       -       -       160,000  
180 LP Convertible Note   06/16/14   06/16/17     10,000       -       -       -       -       10,000  
180 LP Convertible Note   07/08/14   07/08/17     100,000       -       -       -       -       100,000  
Total           $ 270,000     $ 175,000     $ 9,604     $ -     $ -     $ 454,604  
Schedule of convertible promissory notes
    Dominion  
    Principal     Debt Discount     Net  
Balance at 12/31/19   $ -     $ -     $ -  
Assumption of Note     1,805,556       -       1,805,556  
Debt discount at assumption     -       (722,966 )     (722,966 )
Amortization of debt discount     -       134,134       134,134  
Impact of extinguishment     -       588,832       588,832  
Impact of conversion     (972,222 )     -       (972,222 )
Balance at 12/31/20   $ 833,334     $ -     $ 833,334  
    Kingsbrook  
    Principal     Debt Discount     Net  
Balance at 12/31/19   $ -     $ -     $ -  
Assumption of Note     1,796,411       -       1,796,411  
Debt discount at assumption     -       (685,615 )     (685,615 )
Amortization of debt discount     -       127,227       127,227  
Impact of extinguishment     -       558,388       558,388  
Impact of conversion     (1,695,411 )     -       (1,695,411 )
Balance at 12/31/20   $ 101,000     $ -     $ 101,000  
    Alpha  
    Principal     Debt Discount     Net  
Balance at 12/31/19   $ -     $ -     $ -  
Assumption of Note     1,111,111       -       1,111,111  
Debt discount at assumption     -       (800,421 )     (800,421 )
Amortization of debt discount     -       94,786       94,786  
Impact of extinguishment     -       705,635       705,635  
Impact of conversion     (495,000 )     -       (495,000 )
Balance at 12/31/20   $ 616,111     $ -     $ 616,111  
Schedule of secured convertible promissory notes
   

Principal

Balance

Converted

    

Interest

Converted

    

Derivative

Liabilities

Converted

    

Total

Amount

Converted

    

Common

Shares

Issued

    

Fair Value of

Shares Issued

    

Loss on

Extinguishment of

Convertible Notes

  
Dominion Convertible Promissory Note   $ 972,222     $ 97,222     $ 201,216     $ 1,270,660       464,287     $ 1,275,525     $ 4,865  
Kingsbrook Convertible Promissory Note     1,695,411       169,541       378,335     $ 2,243,287       816,769       2,198,155       (45,132 )
Alpha Capital Convertible Promissory Note     495,000       12,528       123,485     $ 631,013       238,572       691,304       60,291  
Total   $ 3,162,633     $ 279,291     $ 703,036     $ 4,144,960       1,519,628     $ 4,164,985     $ 20,025