• Filing Date: 2016-03-30
  • Form Type: 10-K
  • Description: Annual report
v3.3.1.900
4. CONVERTIBLE PROMISSORY NOTE (Tables)
12 Months Ended
Dec. 31, 2015
Debt Disclosure [Abstract]  
Summary of Convertible Promissory Notes
   2015   2014 
Arnost Note (a)  $322,000   $322,000 
Cavu Notes (b), net of $28,227 for 2015 and $48,021 for 2014 debt discounts   221,773    201,979 
Berg Notes (c)(d)   3,722,000    2,372,000 
Investor Notes (d), net of discounts   1,582,194     
   Total Debt   5,847,967    2,895,979 
Current portion of debt   4,276,194    322,000 
Long-term portion of debt  $1,571,773   $2,573,979