10. CONVERTIBLE NOTES PAYABLE AND FAIR VALUE MEASUREMENTS (Tables)

12 Months Ended

Dec. 31, 2018

Convertible Notes Payable - Related Parties And Fair Value Measurements

Convertible notes payable summary

As of December 31, 2017, the following summarizes amounts owed under convertible notes payable:

	Amount		Discount		Convertible Notes Payable, net of discount
Evey Note	$	62,616	$	–	$	62,616
Pegasus Note		100,000		–		100,000
“Lender” Note		1,500,000		175,668		1,324,332
	$	1,662,616	$	175,668	$	1,486,948

As of December 31, 2018, the following summarizes amounts owed under convertible notes payable:

	Amount		Unamortized Discount		Convertible Notes Payable, net of discount
Evey Note	$	50,616	$	15,480	$	35,136
“Lender” Note		1,500,000		430,901		1,069,099
Convertible Notes Payable - Current Portion	$	1,550,616	$	446,381	$	1,104,235
Pegasus Note	$	100,000	$	–	$	100,000
Convertible Notes Payable - Long Term Portion	$	100,000	$	–	$	100,000

Summary of activity of Level 3 liabilities

The following is a summary of activity of Level 3 liabilities for the periods ended December 31, 2017:

Balance at December 31, 2016	$	107,081
Gain on debt extinguishment		(107,081	)
Balance at December 31, 2017	$	–