NOTES PAYABLE

12 Months Ended

Dec. 31, 2017

Notes Payable [Abstract]

NOTES PAYABLE

NOTE 6 NOTES PAYABLE

As of December 31, 2017, 2016, and 2015, balances were as follows:

	2017		2016		2015
Notes payable	$	8,461,795	$	7,371,795	$	6,375,795

Break-out of debt between the parent company and our subsidiary PVMS is as follows:

	2017		2016		2015
Advanzeon parent	$	5,035,795	$	5,515,795	$	5,520,795
PVMS		3,426,000		1,856,000		855,000
	$	8,461,795	$	7,371,795	$	6,375,795

At PVMS, the sum total of notes issued, and their dollar values were as follows:

	2017		2016		2015
Number of notes issued		39		27		13
Dollar value	$	1,570,000	$	1,001,000	$	705,000

All notes are short-term in nature, one year maturity date. All debt issued has a stated interest rate of 12% per year, with the exception of one note which has a $50,000 face value and a stated interest rate of 15%.

A summary of notes by category is as follows:

	2017		2016		2015
Senior notes	$	1,771,016	$	1,771,016	$	1,771,016
Convertible debt		372,000		372,000		372,000
Promissory notes		6,318,779		5,228,779		4,232,779
Total debt	$	8,461,795	$	7,371,795	$	6,375,795