| Convertible Debt [Table Text Block] |
Convertible notes payable consisted of the following:
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December 31, 2019
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December 31, 2018
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March 11, 2019 ($500,000) – 8% one-time interest charge with outstanding principal and interest due October 6, 2019.
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$ |
500,000 |
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$ |
- |
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December 27, 2018 ($150,000) – 12% interest per annum paid quarterly with outstanding principal and remaining interest due December 12, 2019.
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- |
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150,000 |
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December 13, 2018 ($83,000) – 10% interest per annum with outstanding principal and interest due December 13, 2019.
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- |
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83,000 |
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November 26, 2018 ($200,000) – 12% interest per annum with outstanding principal and interest due November 26, 2019.
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200,000 |
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200,000 |
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September 27, 2018 ($53,000) – 10% interest per annum with outstanding principal and interest due September 27, 2019.
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- |
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53,000 |
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August 6, 2018 ($253,000) – 10% interest per annum with outstanding principal and interest due August 6, 2019.
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- |
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253,000 |
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March 15, 2018 ($300,00) – 12% interest per annum with outstanding principal and interest due March 15, 2019.
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107,500 |
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107,500 |
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Total convertible notes payable
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$ |
807,500 |
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$ |
846,500 |
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