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DEBT
12 Months Ended
Dec. 31, 2019
Notes Payable [Abstract]  
DEBT

NOTE 7 DEBT

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

   2019  2018
       
Notes payable  $12,352,189   $10,087,939 

 

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

   2019  2018
       
Advanzeon parent  $5,010,016   $5,010,016 
PVMS subsidiary   7,342,173    5,077,923 
   $12,352,189   $10,087,939 

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

   2019  2018
       
Number of notes issued   51    31 
           
Dollar value  $2,289,250   $1,751,923 

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

One $25,000 convertible promissory note was repaid with interest during the third quarter 2019. 

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

   2019  2018
       
Number of notes converted   0    1 
           
Dollar value  $—     $50,000