Debt

9 Months Ended

Sep. 30, 2019

Notes Payable [Abstract]

Debt

7. DEBT

As of September 30, 2019 and December 31, 2018, the balance was as follows:

	September 30, 2019		December 31, 2018
Notes payable	$	12,163,189	$	10,087,939

During the nine month period ended September 30, 2019, there have been 47 additional convertible-promissory notes totaling $2,100,250. One $25,000 convertible promissory note was repaid with interest of $6,960 during the third quarter 2019. One previous $50,000 convertible-promissory note was converted into stock during the year ended December 31, 2018.

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

	September 30, 2019		December 31, 2018
Advanzeon parent	$	5,010,016	$	5,010,016
PVMS		7,153,173		5,077,923
	$	12,163,189	$	10,087,939

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

	September 30, 2019		December 31, 2018
Number of notes issued		47		31
Dollar value	$	2,100,250	$	1,751,923

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