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6. Debt Obligations
3 Months Ended
Mar. 31, 2021
Debt Disclosure [Abstract]  
Debt Obligations

Four debt obligations were extended during the quarter ended March 31, 2021.

 

On January 15, 2021, the Company extended a note payable agreement of $175,000 with a third party. The note has an interest rate of 12% and is due on January 1, 2024.

 

On January 15, 2021, the Company extended a note payable agreement of $100,000 with a third party. The note has an interest rate of 7% and is due on January 1, 2024.

 

On February 14, 2021, the Company extended a note payable agreement of $146,300 and accrued interest of $97,102 with a related party. The note has an interest rate of 6% and is due on January 1, 2024.

 

On February 14, 2021, the Company extended a note payable agreement of $25,000 and accrued interest of $35,135 with a related party. The note has an interest rate of 6% and is due on June 30, 2023.