NOTE 3 - DEBT (Tables)
|
6 Months Ended |
Jun. 30, 2016 |
|---|
| Debt Disclosure [Abstract] |
|
| Notes Payable - Financing Agreements |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
June
30, 2016 |
|
December
31, 2015 |
|
| Payable
To |
|
Principal |
|
|
|
Interest |
|
Principal |
|
|
|
Interest |
|
| Third Party - Insurance
Note 1 |
|
$ |
8,737 |
|
|
|
9.75 |
% |
|
$ |
21,325 |
|
|
|
9.75 |
% |
|
| Third Party - Insurance
Note 2 |
|
|
1,491 |
|
|
|
9.75 |
% |
|
|
11,277 |
|
|
|
9.75 |
% |
|
| Third
Party - Insurance Note 3 |
|
|
75,132 |
|
|
|
8.05 |
% |
|
|
— |
|
|
|
— |
|
|
| Third Party - Insurance
Note 4 |
|
|
44,693 |
|
|
|
9.24 |
% |
|
|
11,422 |
|
|
|
8.99 |
% |
|
| Total |
|
$ |
130,053 |
|
|
|
|
|
|
$ |
44,024 |
|
|
|
|
|
|
|
| Notes Payable - Related Parties |
| |
|
June
30, 2016 |
|
|
December
31, 2015 |
|
| Payable To |
|
Principal |
|
|
Interest* |
|
|
Principal |
|
|
Interest* |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Related party |
|
$ |
65,000 |
|
|
|
.75 |
% |
|
$ |
65,000 |
|
|
|
.75 |
% |
| Related party |
|
|
13,369 |
|
|
|
.67 |
% |
|
|
17,651 |
|
|
|
.67 |
% |
| Related party |
|
|
21,010 |
|
|
|
— |
|
|
|
33,615 |
|
|
|
— |
|
| Related party |
|
|
56,500 |
|
|
|
.67 |
% |
|
|
36,500 |
|
|
|
.67 |
% |
| Related party |
|
|
12,170 |
|
|
|
— |
|
|
|
21,170 |
|
|
|
— |
|
| Related party |
|
|
8,431 |
|
|
|
.67 |
% |
|
|
11,131 |
|
|
|
.67 |
% |
| CFO |
|
|
31,973 |
|
|
|
.67 |
% |
|
|
7,841 |
|
|
|
— |
|
| Related party |
|
|
241,346 |
|
|
|
.50 |
% |
|
|
294,056 |
|
|
|
.50 |
% |
| Total |
|
$ |
449,799 |
|
|
|
|
|
|
$ |
486,964 |
|
|
|
|
|
|
| Notes Payable |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
June
30, 2016 |
|
|
December
31, 2015 |
|
| Payable
To |
|
|
|
|
|
|
|
Principal |
|
|
Interest* |
|
|
Principal |
|
|
Interest* |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Shareholder |
|
|
|
|
|
|
|
|
|
$ |
19,108 |
|
|
|
— |
|
|
$ |
19,108 |
|
|
|
— |
|
| Shareholder |
|
|
|
|
|
|
|
|
|
|
— |
|
|
|
— |
|
|
|
125,000 |
|
|
|
.67% |
|
| Vendor |
|
|
|
|
|
|
|
|
|
|
37,500 |
|
|
|
— |
|
|
|
52,500 |
|
|
|
— |
|
| Total |
|
|
|
|
|
|
|
|
|
$ |
56,608 |
|
|
|
|
|
|
$ |
196,608 |
|
|
|
|
|
*
effective interest rate per month including default penalties
|
| Convertible Notes Payable-Net of Discounts, Including Premiums |
| |
|
June 30, 2016 |
|
|
December 31, 2015 |
|
| Payable To |
|
Principal |
|
|
Premium |
|
|
Principal, Including Premium |
|
|
Principal |
|
|
Premium |
|
|
Principal, Including Premium |
|
| Vendor |
|
|
50,000 |
|
|
|
50,000 |
|
|
|
100,000 |
|
|
|
50,000 |
|
|
|
50,000 |
|
|
|
100,000 |
|
| Vendor |
|
|
46,975 |
|
|
|
46,975 |
|
|
|
93,950 |
|
|
|
46,975 |
|
|
|
46,975 |
|
|
|
93,950 |
|
| Total |
|
$ |
96,975 |
|
|
$ |
96,975 |
|
|
$ |
193,950 |
|
|
$ |
96,975 |
|
|
$ |
96,975 |
|
|
$ |
193,950 |
|
|
| Notes Payable - Third Party |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
June
30, 2016 |
|
|
December
31, 2015 |
|
| Payable
To |
|
|
|
|
|
|
|
Principal |
|
|
Interest |
|
|
Principal |
|
|
Interest |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Note payable |
|
|
|
|
|
|
|
|
|
$ |
1,800,000 |
|
|
|
14%
+ 2% |
|
|
$ |
— |
|
|
|
— |
|
| Less unamortized discounts |
|
|
|
|
|
|
|
|
|
|
725,361 |
|
|
|
|
|
|
|
— |
|
|
|
|
|
| Note payable, net |
|
|
|
|
|
|
|
|
|
$ |
1,074,639 |
|
|
|
|
|
|
$ |
— |
|
|
|
|
|
|