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Liquidated Damages
12 Months Ended
Dec. 31, 2018
Liquidated Damages  
Liquidated Damages

20. Liquidated Damages

 

The Company recognized Liquidated Damages during the year ended December 31, 2018, with respect to its registration rights agreements and securities purchase agreements as follows:

 

    MDB Common Stock to Be Issued    

Series H Preferred

Stock

    12% Convertible Debentures     Total Liquidated Damages  
Registration Rights Damages   $ 15,001     $ 1,163,955     $ -     $ 1,178,956  
Public Information Failure Damages     -       1,163,955       706,944       1,870,899  
Accrued interest     -       481,017       116,726       597,743  
Totals   $ 15,001     $ 2,808,927     $ 823,670     $ 3,647,598