Quarterly report pursuant to Section 13 or 15(d)

Convertible Notes Payable (Tables)

v3.21.2
Convertible Notes Payable (Tables)
9 Months Ended
Sep. 30, 2021
Convertible Notes Payable  
Convertible notes payable

 

 

September 30,

2021

 

 

December 31,

2020

 

 

 

 

 

 

 

 

A. Notes payable issued for cash

 

$ -

 

 

$ 24,085,000

 

B. Notes payable issued for settlement agreements

 

 

-

 

 

 

2,528,000

 

C. Notes payable issued for forbearance agreements

 

 

-

 

 

 

3,849,000

 

D. Notes payable issued for consulting services

 

 

-

 

 

 

360,000

 

 

 

 

-

 

 

 

30,822,000

 

Less unamortized debt discount

 

 

-

 

 

 

(4,519,000 )

Convertible notes, net of discount

 

$ -

 

 

$ 26,303,000