Quarterly report pursuant to Section 13 or 15(d)

CONVERTIBLE NOTES PAYABLE (Tables)

v3.19.2
CONVERTIBLE NOTES PAYABLE (Tables)
6 Months Ended
Jun. 30, 2019
Debt Disclosure [Abstract]  
Summary of convertible notes payable balance
   

June 30,

2019

 

December 31,

2018

Principal balance   $ 2,936,955     $ 1,277,108  
Unamortized discounts     (1,978,128 )     (1,125,942 )
Ending balance, net   $ 958,827     $ 151,166  
Convertible notes and related discounts
    Principal Balance   Debt Discounts   Total
Balance at January 1, 2019   $ 1,277,108     $ (1,125,942 )   $ 151,166  
New issuances     2,026,022       (2,026,022 )     —    
Conversions     (366,175 )     —         (366,175 )
Amortization     —         1,173,836       1,173,836  
Balance at June 30, 2019   $ 2,936,955     $ (1,978,128 )   $ 958,827