Annual report pursuant to Section 13 and 15(d)

RELATED PARTIES (Tables)

v3.7.0.1
RELATED PARTIES (Tables)
12 Months Ended
Dec. 31, 2016
Related Party Transactions [Abstract]  
Summary of these note issuances

A summary of these note issuances is as follows:


Issuance Date

 

 

Maturity Date

 

 

Principal

 

 

Discount Recognized

 

 

Amortization Expense 2016

 

 

Carry Amount at December 31, 2016

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

9/26/16

 

 

9/26/21

 

 

$

100,000

 

 

$

70,000

 

 

$

3,692

 

 

$

33,692

10/14/16

 

 

10/14/21

 

 

 

100,000

 

 

 

70,000

 

 

 

3,024

 

 

 

33,024

10/31/16

 

 

10/31/21

 

 

 

100,000

 

 

 

70,000

 

 

 

2,372

 

 

 

32,372

11/03/16

 

 

11/03/21

 

 

 

50,000

 

 

 

35,000

 

 

 

1,120

 

 

 

16,120

11/11/16

 

 

11/11/21

 

 

 

100,000

 

 

 

70,000

 

 

 

1,934

 

 

 

31,934

11/21/16

 

 

11/21/21

 

 

 

50,000

 

 

 

35,000

 

 

 

775

 

 

 

15,775

12/15/16

 

 

12/15/21

 

 

 

75,000

 

 

 

52,500

 

 

 

488

 

 

 

22,988

 

 

 

 

 

 

 

 

$

575,000

 

 

$

402,500

 

 

$

13,405

 

 

$

185,905