• Filing Date: 2019-02-14
  • Form Type: S-1/A
  • Description: General form for registration of securities under the Securities Act of 1933 (Amendment)
v3.10.0.1
NOTES PAYABLE (Details) - USD ($)
9 Months Ended 12 Months Ended
Sep. 30, 2018
Dec. 31, 2017
Dec. 31, 2016
Debt Beginning Balance $ 14,726,842    
During the nine-month period ended September 30, 2018 net repayments to the factoring agreement totaled $787,435. 787,435    
Total increases to debt 7,683,053    
Less cash payments (2,064,902)    
In May 2018, an unrelated party forgave $315,000 of the $540,000 equipment loan agreement dated September 30, 2016. (315,000)    
Issuance discount (752,535) $ 490,000
Amortization of issuance cost and loan discounts 420,134    
Debt Ending Balance 19,697,592 14,726,842  
Less current portion 14,625,099    
Total long-term debt at September 30, 2018 5,072,493 $ 14,850,842 $ 9,469,947
Notes Payable One [Member] | ARC Business Loan [Member]      
Total increases to debt 2,450,000    
Notes Payable Two [Member] | Equipment Loan [Member]      
Total increases to debt 346,660    
Notes Payable Three [Member] | Equipment Loan [Member]      
Total increases to debt 135,000    
Notes Payable Four [Member] | Loan Agreement [Member]      
Total increases to debt 1,000,000    
Notes Payable Five [Member] | Financing Arrangement [Member]      
Total increases to debt $ 2,963,958