Well according his son Max Bell Alper not paying bills seems a family tradition. He reports his parents were evicted from their home in Evanston, IL. He reports his dad applied for/intercepted a credit card in his son (Max's) name, fraudulently activated it and started using it "to pay a few bills" and then began running it up for things like "hydroponic equipment, bulk gluten free flour, airport massage chairs" etc. I'd be curious to know if those charges were ever paid or possibly written off in a bankruptcy filing. The family seems to have great disdain for the greedy banking system. No wonder Josh couldn't ever raise any money.
There are no convertible notes on BLDV's financial statements (unaudited) for the year ended December 31, 2018 and for the quarter ended March 31, 2019.
BLDV only has convertible equity shares.
The $140K total accrued liabilities on the March 31, 2019 balance sheet (unaudited) are compromised of debts to Quality Green ($25K), Steve McMorrow ($50K) and other misc. debts ($90K).
A total debt of $140K is not significant for a developmental stage company on the pink sheets such as BLDV with unaudited assets of $655K as of March 31, 2019 which renders an unaudited total debt to assets ratio of 0.21:1. I think this ratio result is reasonable for an otc ticker such as BLDV.
Here is the link to the 2018 Annual Report (unaudited):