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CONVERTIBLE NOTES (Tables)
3 Months Ended
Mar. 31, 2021
Debt Disclosure [Abstract]  
Schedule of Convertible Debt

The following table provides a summary of the activity of the Company's unsecured, convertible, promissory notes:

 

 

Principal

Balance

12/31/2019

 

New

Notes

 

Notes

assigned or

exchanged

 

Notes

converted

 

Principal

Balance

12/31/2020

 

Less:

Discount

Balance

 

Net

Principal

Balance

12/31/2020

 

October 2016 Notes

$

330,000

 

$

 

$

(330,000

)

$

 

$

 

$

 

$

 

St. George Notes

 

617,663

 

 

 

 

(617,663

)

 

 

 

 

 

 

 

 

BayBridge Notes

 

940,600

 

 

 

 

(940,600

)

 

 

 

 

 

 

 

 

Bellridge Notes

 

496,000

 

 

 

 

(451,000

)

 

(45,000

)

 

 

 

 

 

 

Power Up Notes

 

106,820

 

 

 

 

(106,820

)

 

 

 

 

 

 

 

 

Widjaja Note

 

330,000

 

 

 

 

(330,000

)

 

 

 

 

 

 

 

 

GS Capital Notes

 

169,500

 

 

 

 

(169,500

)

 

 

 

 

 

 

 

 

Penumbra Note

  (related party)

 

 

 

250,000

 

 

(250,000

)

 

 

 

 

 

 

 

 

BD 1 Notes

  (related party)

 

 

 

10,500,000

 

 

 

 

 

 

10,500,000

 

 

(2,936,952

)

 

7,563,048

 

Crowdex Note

  (related party)

 

 

 

 

 

250,000

 

 

 

 

250,000

 

 

 

 

250,000

 

 

$

2,990,583

 

$

10,750,000

 

$

(2,945,583

)

$

(45,000

)

$

10,750,000

 

$

(2,936,952

)

$

7,813,048

 

 

 

 

Principal

Balance

12/31/2020

 

New

Notes/Adjustments

 

Notes

assigned

or

exchanged

 

Notes

converted

 

Principal

Balance

3/31/2021

 

Less:

Discount

Balance

 

Net

Principal

Balance

3/31/2021

 

BD 1 Notes

  (related party)

 

10,500,000

 

 

 

 

 

 

 

 

10,500,000

 

 

(2,789,151

)

 

7,710,849

 

Crowdex Note

  (related party)

 

250,000

 

 

 

 

 

 

 

 

250,000

 

 

 

 

250,000

 

 

$

10,750,000

 

$

 

$

 

$

 

$

10,750,000

 

$

(2,789,151

)

$

7,960,849