Debt

3 Months Ended

Mar. 31, 2020

Notes Payable [Abstract]

Debt

7. DEBT

As of March 31, 2020 and December 31, 2019, the balance was as follows:

	March 31, 2020		December 31, 2019
Notes payable	$	12,534,189	$	12,352,189

During the three month period ended March 31, 2020, there have been 4 additional convertible-promissory notes totaling $182,000.

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

	March 31, 2020		December 31, 2019
Advanzeon parent	$	5,010,016	$	5,010,016
PVMS		7,524,173		7,342,173
	$	12,534,189	$	12,352,189

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

	March 31, 2020		December 31, 2019
Number of notes issued		4		51
Dollar value	$	182,000	$	2,289,250

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