NOTES PAYABLE

6 Months Ended

Jun. 30, 2018

Notes Payable [Abstract]

NOTES PAYABLE

6. NOTES PAYABLE

As of June 30, 2018, and December 31, 2017, the balance was as follows:

	June 30, 2018		December 31, 2017
Notes payable	$	8,928,718	$	8,461,795

During the six months ended June 30, 2018, there have been 15 additional convertible-promissory notes totaling $516,923. One previous $50,000 convertible-promissory note was converted into stock.

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

	June 30, 2018		December 31, 2017
Advanzeon parent	$	5,035,795	$	5,035,795
PVMS		3,892,923		3,426,000
	$	8,928,718	$	8,461,795

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

	June 30, 2018		December 31, 2017
Number of notes issued		15		39
Dollar value	$	516,923	$	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.

At PVMS, the total of notes converted to stock for the sixth month period ended June 30, 2018 and their dollar values were as follows:

	June 30, 2018
Number of notes converted		1
Dollar value	$	50,000