| Schedule of Promissory Notes |
As of September 30, 2017, the Company’s
convertible notes consisted of following:
| | |
Balance | |
| |
| |
Conversion | |
| |
Balance | |
| |
| |
|
| Principal | |
as of | |
Default | |
| |
in | |
# of | |
as of | |
Due | |
Interest | |
Conversion |
| Amount | |
6.30.17 | |
Penalty | |
Repayment | |
principal | |
shares | |
9.30.17 | |
Date | |
Rate | |
Price |
| | 25,000 | | |
| 25,000 | | |
| — | | |
| — | | |
| — | | |
| — | | |
| 25,000 | | |
| 7/1/2016 | | |
| 10 | % | |
75% of the average of 30 days prior to the conversion date. |
| | 25,000 | | |
| 25,000 | | |
| — | | |
| — | | |
| — | | |
| — | | |
| 25,000 | | |
| 7/1/2016 | | |
| 10 | % | |
75% of the average of 30 days prior to the conversion date. |
| | 100,000 | | |
| 100,000 | | |
| — | | |
| — | | |
| — | | |
| — | | |
| 100,000 | | |
| 7/1/2016 | | |
| 10 | % | |
75% of the average of 30 days prior to the conversion date. |
| | 20,000 | | |
| 20,000 | | |
| — | | |
| — | | |
| 20,000 | | |
| 1,160,391 | | |
| — | | |
| 7/17/2017 | | |
| 8 | % | |
40% discount of average of last 20 trading days prices |
| | 20,000 | | |
| 25,000 | | |
| — | | |
| — | | |
| 25,000 | | |
| 1,426,674 | | |
| — | | |
| 7/17/2017 | | |
| 8 | % | |
40% discount of average two lowest price of last 20 trading days prices |
| | 20,000 | | |
| 20,000 | | |
| — | | |
| — | | |
| — | | |
| — | | |
| 20,000 | | |
| 7/17/2017 | | |
| 8 | % | |
Greater of 40% discount to average of 3 lowest trading price during last 20 trading days or $.05 |
| | 43,000 | | |
| 43,000 | | |
| — | | |
| — | | |
| 43,000 | | |
| 2,462,180 | | |
| — | | |
| 1/24/2018 | | |
| 8 | % | |
45% discount to average of 2 lowest trading price during last 20 trading days |
| | 50,000 | | |
| 50,000 | | |
| — | | |
| — | | |
| — | | |
| — | | |
| 50,000 | | |
| 8/8/2017 | | |
| 8 | % | |
40% discount of average two lowest price of last 20 trading days prices |
| | 80,000 | | |
| 80,000 | | |
| — | | |
| — | | |
| — | | |
| — | | |
| 80,000 | | |
| 7/20/2017 | | |
| 8 | % | |
40% discount of average two lowest price of last 20 trading days prices |
| | 66,023 | | |
| 66,023 | | |
| — | | |
| — | | |
| — | | |
| — | | |
| 66,023 | | |
| 8/24/2017 | | |
| 8 | % | |
40% discount of average two lowest price of last 20 trading days prices |
| | 50,000 | | |
| 50,000 | | |
| — | | |
| — | | |
| 50,000 | | |
| 2,390,805 | | |
| — | | |
| 8/9/2017 | | |
| 8 | % | |
40% discount of average two lowest price of last 20 trading days prices |
| | 75,000 | | |
| 75,000 | | |
| — | | |
| — | | |
| — | | |
| — | | |
| 75,000 | | |
| 7/31/2017 | | |
| 8 | % | |
40% discount of average two lowest price of last 20 trading days prices |
| | 100,000 | | |
| 100,000 | | |
| — | | |
| — | | |
| — | | |
| — | | |
| 100,000 | | |
| 12/1/2017 | | |
| 10 | % | |
Greater of 40% discount to average of 3 lowest trading price during last 20 trading days or $.05 |
| | 70,000 | | |
| 70,000 | | |
| — | | |
| — | | |
| — | | |
| — | | |
| 70,000 | | |
| 9/23/2017 | | |
| 8 | % | |
40% discount of average two lowest price of last 20 trading days prices |
| | 63,000 | | |
| 63,000 | | |
| — | | |
| — | | |
| 63,000 | | |
| 3,081,746 | | |
| — | | |
| 11/20/2017 | | |
| 8 | % | |
42% discount on average of lowest 3 trading price 10 days prior to conversion date |
| | 30,000 | | |
| 30,000 | | |
| — | | |
| — | | |
| 30,000 | | |
| 1,500,010 | | |
| — | | |
| 8/16/2017 | | |
| 8 | % | |
Greater of 40% discount to average of 3 lowest trading price during last 20 trading days or $.05 |
| | 200,000 | | |
| 200,000 | | |
| — | | |
| — | | |
| — | | |
| — | | |
| 200,000 | | |
| 9/30/2017 | | |
| 8 | % | |
40% discount of average two lowest price of last 20 trading days prices |
| | 340,000 | | |
| 340,000 | | |
| — | | |
| — | | |
| — | | |
| — | | |
| 340,000 | | |
| 5/12/2018 | | |
| 10 | % | |
45% discount of lowest price of last 20 trading days prices |
| | 165,000 | | |
| 165,000 | | |
| — | | |
| — | | |
| 92,500 | | |
| 5,210,886 | | |
| 72,500 | | |
| 6/12/2018 | | |
| 10 | % | |
45% discount of lowest price of last 20 trading days prices |
| | 150,000 | | |
| — | | |
| — | | |
| — | | |
| — | | |
| — | | |
| 150,000 | | |
| 5/3/2018 | | |
| 10 | % | |
45% discount to average of 3 lowest trading price during last 20 trading days |
| | 150,000 | | |
| — | | |
| — | | |
| — | | |
| — | | |
| — | | |
| 150,000 | | |
| 6/15/2018 | | |
| 10 | % | |
42% discount to average of 3 lowest trading price during last 20 trading days |
| | 164,900 | | |
| — | | |
| — | | |
| — | | |
| — | | |
| — | | |
| 164,900 | | |
| 7/17/2018 | | |
| 8 | % | |
The conversion price shall be $0.025 per share |
| | 35,000 | | |
| — | | |
| — | | |
| — | | |
| — | | |
| — | | |
| 35,000 | | |
| 8/22/2018 | | |
| 8 | % | |
40% discount of average two lowest price of last 20 trading days prices |
| | 15,000 | | |
| — | | |
| — | | |
| — | | |
| — | | |
| — | | |
| 15,000 | | |
| 9/26/2018 | | |
| 8 | % | |
40% discount of average two lowest price of last 20 trading days prices |
| | 2,056,923 | | |
| 1,547,023 | | |
| | | |
| | | |
| | | |
| | | |
| 1,738,423 | | |
| | | |
| | | |
|
| | | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
|
| | Debt Discount | | |
| (45,000 | ) | |
| | | |
| | | |
| | | |
| | | |
| (410,866 | ) | |
| | | |
| | | |
|
| | | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
|
| | Convertible debt balance, net of debt discount | | |
| 1,502,023 | | |
| | | |
| | | |
| | | |
| | | |
| 1,327,557 | | |
| | | |
| | | |
|
|