ACCRUED INTEREST-RELATED PARTY

12 Months Ended

Dec. 31, 2019

Consolidated Statements Of Operations

ACCRUED INTEREST-RELATED PARTY

NOTE 10 ACCRUED INTEREST-RELATED PARTY

As of December 31, 2019 and 2018, balances of accrued interest on this indebtedness were as follows:

		2019		2018
Accrued interest-related party	$	—	$	—

During the second quarter of 2018, a total of $4,771,140 was written off to extinguishment of loan due to shareholder. The remaining balance of $246,568 was reclassified as accrued interest payable (non-related party).