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Notes Payable (Details) - USD ($)
Dec. 31, 2019
Dec. 31, 2018
Unsecured-in default    
(a) Promissory notes-in default $ 413,824 [1] $ 413,824 [2]
(b) Promissory notes - StrikeForce Investor Group-in default 1,225,000 [3] 1,225,000 [4]
(c) Promissory notes issued by BlockSafe ($475,000 and zero in default at December 31, 2019 and 2018, respectively) 475,000 [5] 775,500 [6]
Secured    
(d) Notes payable 271,550 [7] [8]
Total notes payable principal outstanding 2,385,374 2,414,324
Debt discount (195,654)
Notes payable, net of discount 2,385,374 2,218,670
Less current portion of notes payable 2,237,484 2,218,670
Long term notes payable $ 147,890
[1] Notes payable, with interest from 8% to 14% per annum, due on various dates from December 2011 to July 2017 and are currently in default. At December 31, 2018, the balance of the accrued interest on the notes payable-various was $505,454. During the year ended December 31, 2019, $45,556 of interest was accrued. At December 31, 2019, accrued interest on the notes payable was $551,009.
[2] Notes payable, with interest from 8% to 14% per annum, due on various dates from December 2011 to July 2017 and are currently in default. At December 31, 2018, the balance of the accrued interest on the notes payable-various was $505,454. During the year ended December 31, 2019, $45,556 of interest was accrued. At December 31, 2019, accrued interest on the notes payable was $551,009.
[3] Notes payable to StrikeForce Investor Group (SIG), made up of various investors with unsecured notes, interest at 10% per annum, originally due in 2011, and currently in default. At December 31, 2018, the balance of the accrued interest on the notes payable-SIG was $1,509,844. During the year ended December 31, 2019, $122,500 of interest was accrued. At December 31, 2019, accrued interest on the notes payable-SIG was $1,632,344.
[4] Notes payable to StrikeForce Investor Group (SIG), made up of various investors with unsecured notes, interest at 10% per annum, originally due in 2011, and currently in default. At December 31, 2018, the balance of the accrued interest on the notes payable-SIG was $1,509,844. During the year ended December 31, 2019, $122,500 of interest was accrued. At December 31, 2019, accrued interest on the notes payable-SIG was $1,632,344.
[5] At December 31, 2018, the Company's consolidated subsidiary BlockSafe (see Note 1) had $775,500 of outstanding unsecured promissory notes, bearing interest at 8% per annum, and maturing through September 2019. During the year ended December 31, 2019, $5,000 of the unsecured promissory notes were paid, and note holders agreed to exchange $295,500 of principal into a financing obligation (see Note 7). At December 31, 2019, the balance of the unsecured promissory notes was $475,000, and the notes are currently in default.At December 31, 2018, the balance of the unamortized discount on the unsecured promissory notes was $195,653. During the year ended December 31, 2019, debt discount amortization of $195,653 was recorded and at December 31, 2019, the balance of the discount was zero.At December 31, 2018, the balance of the accrued interest on the unsecured promissory notes was $46,387. During the year ended December 31, 2019, $43,856 of interest was accrued and $19,700 of accrued interest was converted into a financing obligation (See Note 7). At December 31, 2019, accrued interest on the unsecured promissory notes was $70,543.
[6] At December 31, 2018, the Company's consolidated subsidiary BlockSafe (see Note 1) had $775,500 of outstanding unsecured promissory notes, bearing interest at 8% per annum, and maturing through September 2019. During the year ended December 31, 2019, $5,000 of the unsecured promissory notes were paid, and note holders agreed to exchange $295,500 of principal into a financing obligation (see Note 7). At December 31, 2019, the balance of the unsecured promissory notes was $475,000, and the notes are currently in default.At December 31, 2018, the balance of the unamortized discount on the unsecured promissory notes was $195,653. During the year ended December 31, 2019, debt discount amortization of $195,653 was recorded and at December 31, 2019, the balance of the discount was zero.At December 31, 2018, the balance of the accrued interest on the unsecured promissory notes was $46,387. During the year ended December 31, 2019, $43,856 of interest was accrued and $19,700 of accrued interest was converted into a financing obligation (See Note 7). At December 31, 2019, accrued interest on the unsecured promissory notes was $70,543.
[7] During the year ended December 31, 2019, the Company entered into four note payable agreements aggregating $315,500, bearing interest from 31.8% to 148% per annum, each agreement secured by substantially all of the assets of the Company, and maturing between March 2020 and April 2021. During the year December 31, 2019, the Company made principal payments of $43,550, and at December 31, 2019, the outstanding balance of the secured note agreements was $271,550. During the year ended December 31, 2019, $14,944 of interest was accrued and paid on the secured note agreements. Two notes with balances of approximately $44,000 each were due on March 28, 2020, and April 2, 2020, and were not paid when due. The Company and lenders are in negotiations to extend the due date of the loans.
[8] During the year ended December 31, 2019, the Company entered into four note payable agreements aggregating $315,500, bearing interest from 31.8% to 148% per annum, each agreement secured by substantially all of the assets of the Company, and maturing between March 2020 and April 2021. During the year December 31, 2019, the Company made principal payments of $43,550, and at December 31, 2019, the outstanding balance of the secured note agreements was $271,550. During the year ended December 31, 2019, $14,944 of interest was accrued and paid on the secured note agreements. Two notes with balances of approximately $44,000 each were due on March 28, 2020, and April 2, 2020, and were not paid when due. The Company and lenders are in negotiations to extend the due date of the loans.