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NOTES PAYABLE
3 Months Ended
Mar. 31, 2018
Notes Payable [Abstract]  
NOTES PAYABLE
5. NOTES PAYABLE

 

As of March 31, 2018, and December 31, 2017, the balance was as follows:

 

    March 31,     December 31,  
    2018     2017  
             
Notes payable   $ 8,711,795     $ 8,461,795  

 

During the first quarter of 2018, there have been 8 additional notes totaling $250,000.

 

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

 

    March 31,     December 31,  
    2018     2017  
             
Advanzeon parent   $ 5,035,795     $ 5,035,795  
PVMS     3,676,000       3,426,000  
                 
Total   $ 8,711,795     $ 8,461,795  

 

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

 

    March 31,     December 31,  
    2018     2017  
             
Number of notes issued     8       39  
                 
Dollar value   $ 250,000     $ 1,570,000  

 

All notes are short-term in nature, one year maturity date. All debt issued has a stated interest rate of 12% per year.