| Schedule of Notes Payable |
Notes Payable – Third Parties
| |
|
September 30, 2017 |
|
|
December 31, 2016 |
|
| Loan payable under prepaid forward purchase contract |
|
$ |
5,000,000 |
|
|
$ |
5,000,000 |
|
| |
|
|
|
|
|
|
|
|
| Loan payable to TCA Global Master Fund, LP ("TCA") in the original principal amount of $3 million at 16% interest (the "TCA Debenture"). Principal and interest payments due in various installments through December 31, 2017. |
|
|
1,957,476 |
|
|
|
3,000,000 |
|
| |
|
|
|
|
|
|
|
|
| Notes payable to CommerceNet and Jay Tenenbaum in the original principal amount of $500,000, bearing interest at 6% per annum (the "Tegal Notes"). Prinicpal and interest payments are due annually from July 12, 2015 through July 12, 2017 |
|
|
341,612 |
|
|
|
341,612 |
|
| |
|
|
|
|
|
|
|
|
| Other convertible notes payable |
|
|
- |
|
|
|
440,000 |
|
| |
|
|
|
|
|
|
|
|
| Unamortized discount on other convertible notes |
|
|
- |
|
|
|
(179,889 |
) |
| Derivative liability associated with the TCA Debenture, at fair value |
|
|
- |
|
|
|
409,524 |
|
| |
|
|
7,299,088 |
|
|
|
9,011,247 |
|
| Less current portion |
|
|
(7,299,088 |
) |
|
|
(9,011,247 |
) |
| Notes payable - third parties, net of current portion |
|
$ |
- |
|
|
$ |
- |
|
|
| Schedule of Notes Payable - Related Parties |
Notes Payable – Related Parties
| |
|
September 30, 2017 |
|
|
December 31, 2016 |
|
| Loan payable to Alcimede LLC, bearing interest at 6% per annum, with all principal and interest due on February 2, 2018 |
|
$ |
168,500 |
|
|
$ |
218,500 |
|
| |
|
|
|
|
|
|
|
|
| Other advances from related parties |
|
|
55,000 |
|
|
|
110,000 |
|
| |
|
|
223,500 |
|
|
|
328,500 |
|
| Less current portion |
|
|
(223,500 |
) |
|
|
(328,500 |
) |
| Total notes payable - related parties, net of current portion |
|
$ |
- |
|
|
$ |
- |
|
|