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Re: SilverBack post# 19322

Tuesday, 02/20/2018 11:12:29 PM

Tuesday, February 20, 2018 11:12:29 PM

Post# of 31658

NOTE 5 – CONVERTIBLE PROMISSORY NOTES PAYABLE



Convertible promissory notes, including accrued interest, at December 31, 2017 and March 31, 2017 are as follows:









December 31, 2017





March 31, 2017


TCA Global Fund, Inc., including accrued interest of $145,154 and $70,758 as of December 31, 2017 and March 31, 2017, respectively



$

645,154



$

570,758


LG Capital Funding, LLC, accrued interest of $0 and $363, as of December 31, 2017 and March 31, 2017, respectively



-



363





Mammoth Corporation, including accrued interest of $8,263 and $0, net of unamortized debt discount of $305,768 and $134,090 and original issue discount interest of $97,882 and $22,588 as of December 31, 2017 and March 31, 2017, respectively



301,185



114,551





Auctus Fund, LLC, including accrued interest of $0 and $1,239, net of unamortized debt discount of $0 and $47,312 and original issue discount interest of $0 and $7,360 as of December 31, 2017 and March 31, 2017, respectively



-



11,567





Crown Bridge Capital, including accrued interest of $765 and $23 and net of unamortized debt discount of $30,719 and $28,841 and original issue discount interest of $8,029 and $5,965 as of December 31, 2017 and March 31, 2017, respectively



7,143



217


GS Capital, including accrued interest of $2,771 and net of unamortized debt discount of $10,619 and original issue discount interest of $1,062 as of December 31, 2017



23,390



-


Adar Bays, LLC, including accrued interest of $3,904 and net of unamortized debt discount of $8,262 of December 31, 2017



21,864



-


Chestnut Hill Capital, including accrued interest of $260 and net of unamortized debt discount of $8,830 of December 31, 2017



2,430






Convertible promissory note payable, net



$

1,001,166



$

697,456





As of the date of this filing, the Company has not received a notice(s) of default of the convertible promissory notes payable and additional details of the terms and collateralization of each convertible promissory note payable is provided herein.





8





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