XML 37 R26.htm IDEA: XBRL DOCUMENT v3.5.0.2
Note 5 - Convertible Debentures (Tables)
6 Months Ended
Jun. 30, 2016
Tables/Schedules  
Schedule of Convertible Debentures Outstanding

The following is a schedule of short-term convertible debentures outstanding as of June 30, 2016:

 

Description

Date

Conversion Price

Original Principal Amount

Unpaid   Principal Balance

Term

Interest Rate

 

 

 

 

 

 

 

Debenture 1

10/10/11

$30.00

$        25,000

$        25,000

12 months

14%

Debenture 3

2/17/12

$30.00

10,000

10,000

12 months

14%

Debenture 4

3/9/12

$30.00

5,000

5,000

12 months

14%

Debenture 5

3/19/12

$30.00

5,000

5,000

12 months

14%

Debenture 6

4/29/12

$30.00

5,000

5,000

12 months

14%

Debenture 7

4/25/12

$30.00

10,000

10,000

12 months

14%

Debenture 8

10/9/12

$30.00

5,000

5,000

12 months

14%

Debenture 10

11/15/12

$30.00

5,000

5,000

12 months

14%

Debenture 11

11/20/12

$30.00

2,000

2,000

12 months

14%

Debenture 12

12/11/12

$30.00

2,500

2,500

12 months

14%

Debenture 14

1/5/13

$30.00

2,500

2,500

12 months

14%

Debenture 15

2/5/13

$30.00

2,500

2,500

12 months

14%

Debenture 17

7/23/13

Variable

62,000

62,000

9 months

8%

Debenture 19

7/29/13

$30.00

10,000

10,000

12 months

14%

Debenture 22

9/4/13

Variable

50,000

50,000

12 months

8%

Debenture 31

10/3/13

Variable

3,750

3,750

12 months

8%

Debenture 33

10/25/13

Variable

52,000

52,000

9 months

8%

Debenture 34

10/25/13

Variable

30,000

47,455

9 months

8%

Debenture 36

11/29/13

Variable

30,000

22,800

6 months

15%

Debenture 37

11/29/13

Variable

25,000

25,000

6 months

15%

Debenture 39

12/2/13

Variable

25,000

15,000

6 months

15%

Debenture 47

6/23/13

Variable

35,000

17,500

7 months

10%

Debenture 48

6/23/13

Variable

12,500

12,500

7 months

10%

Debenture 49

1/12/14

Variable

26,000

26,000

12 months

22%

Debenture 50

1/12/14

Variable

60,000

60,000

12 months

12%

Debenture 51

2/3/14

$0.06

50,000

46,600

2 months

14%

Debenture 52

2/18/14

$0.06

5,000

5,000

12 months

14%

Debenture 53

3/17/14

Variable

25,000

23,500

12 months

18%

Debenture 54

3/20/14

Variable

10,000

10,000

12 months

18%

Debenture 55

3/25/14

Variable

10,000

10,000

12 months

18%

Debenture 56

3/28/14

Variable

55,000

55,000

12 months

18%

Debenture 57

4/1/14

$0.0025

50,000

800

6 months

14%

Debenture 58

4/9/14

Variable

75,000

75,000

11 months

18%

Debenture 59

4/10/14

Variable

60,000

60,000

11 months

18%

Debenture 60

4/11/14

Variable

2,272

2,272

11 months

18%

Debenture 61

4/11/14

Variable

40,000

19,475

12 months

15%

Debenture 62

4/16/14

Variable

30,000

8,503

24 months

12%

Debenture 63

4/23/14

$0.04

10,500

10,500

12 months

14%

Debenture 64

5/8/14

$0.06

4,000

4,000

12 months

14%

Debenture 65

5/21/14

Variable

50,000

50,000

12 months

15%

Debenture 68

7/11/14

$0.01

25,000

7,500

12 months

14%

Debenture 70

7/24/14

$0.06

48,360

48,360

12 months

14%

Debenture 73

8/29/14

Variable

67,595

19,966

6 months

5%

Debenture 74

9/3/14

Variable

37,520

37,520

24 months

12%

Debenture 75

9/8/14

$0.01

25,000

25,000

12 months

14%

Debenture 76

9/9/14

$0.01

36,359

36,359

12 months

14%

Debenture 77

9/9/14

$0.0025

8,641

811

12 months

14%

Debenture 78

9/9/14

$0.0025

10,000

10,000

12 months

14%

Debenture 79

9/9/14

$0.0025

10,000

10,000

12 months

14%

Debenture 80

9/9/14

$0.0025

10,000

10,000

12 months

14%

Debenture 81

9/9/14

$0.0025

77,595

73,845

12 months

14%

Debenture 82

9/10/14

$0.01

8,000

8,000

12 months

14%

Debenture 83

9/10/14

$0.01

15,000

15,000

12 months

14%

Debenture 85

9/17/14

Variable

5,000

5,000

6 months

5%

Debenture 87

9/24/14

Variable

140,995

140,995

6 months

5%

Debenture 88

10/1/14

$0.00025

16,378

13,878

12 months

14%

Debenture 90

10/27/14

$0.01

50,000

50,000

12 months

14%

Debenture 92

10/31/14

$0.0025

63,097

63,097

12 months

16%

Debenture 96

3/27/15

Variable

128,460

111,670

12 months

8%

Debenture 97

1/18/15

Variable

7,500

7,500

12 months

14%

Debenture 98

2/12/15

$0.0145

12,500

12,500

12 months

14%

Debenture 99

3/31/15

$0.01

112,972

112,972

12 months

14%

Debenture 100

2/2/15

Variable

79,115

79,115

12 months

12%

Debenture 101

2/2/15

Variable

45,000

45,000

12 months

12%

Debenture 102

2/24/15

$0.0025

10,000

9,000

12 months

14%

Debenture 104

3/12/15

Variable

25,000

25,000

12 months

14%

Debenture 105

3/21/15

$0.0025

30,000

30,000

12 months

14%

Debenture 106

1/5/15

Variable

15,000

15,000

6 months

15%

Debenture 107

1/5/15

Variable

15,000

5,300

6 months

15%

Debenture 109

2/11/15

Variable

25,000

25,000

12 months

8%

Debenture 110

2/26/15

Variable

16,000

16,000

12 months

8%

Debenture 111

3/4/15

Variable

27,500

27,500

12 months

8%

Debenture 112

3/1/15

$0.0015

10,000

10,000

12 months

14%

Debenture 114

4/2/15

Variable

26,947

24,447

12 months

8%

Debenture 115

4/2/15

$0.001

23,660

23,660

12 months

14%

Debenture 116

3/31/15

Variable

14,000

14,000

6 months

15%

Debenture 117

4/14/15

Variable

20,000

20,000

6 months

15%

Debenture 118

4/27/15

Variable

25,000

25,000

12 months

14%

Debenture 119

3/31/15

Variable

14,000

14,000

6 months

15%

Debenture 120

5/27/15

$0.0025

7,500

7,500

12 months

14%

Debenture 121

7/2/15

$0.0025

175,000

175,000

12 months

14%

Debenture 122

7/3/15

Variable

238,894

221,894

12 months

8%

Debenture 126

9/8/15

$0.0025

112,663

112,663

12 months

14%

Debenture 128

9/15/15

$0.0025

10,000

10,000

12 months

14%

Debenture 129

9/8/15

$0.0050

2,000

2,000

12 months

14%

Debenture 130

10/12/15

$0.0050

15,000

15,000

12 months

14%

Debenture 131

10/12/15

$0.0050

20,000

20,000

12 months

14%

Debenture 132

10/15/15

$0.0025

10,750

10,750

12 months

14%

Debenture 134

10/20/15

$0.0050

10,000

10,000

12 months

14%

Debenture 135

12/5/15

$0.0050

10,000

10,000

12 months

14%

Debenture 137

12/18/15

$0.0050

20,000

20,000

12 months

14%

Debenture 138

1/7/16

Variable

50,000

50,000

12 months

14%

Debenture 139

1/11/16

Variable

25,000

25,000

12 months

14%

Debenture 140

1/25/16

Variable

10,000

10,000

12 months

14%

Debenture 141

1/29/16

Variable

125,000

125,000

12 months

16%

Debenture 146

5/10/16

Variable

50,000

50,000

12 months

14%

 

 

 

 

 

 

 

Total

 

 

$      3,206,523

2,966,957

 

 

Less discount

 

 

 

(218,841)

 

 

 

 

 

 

 

 

 

Net

 

 

 

$      2,748,116

 

 

 

 

The following is a schedule of long-term convertible debentures outstanding as of June 30, 2016:

 

Description

Date

Conversion Price

Original Principal Amount

Unpaid Principal Balance

Term

Interest Rate

 

 

 

 

 

 

 

Debenture 123

8/24/15

Variable

$        34,650

$        24,650

24 months

8%

Debenture 125

9/4/15

Variable

105,000

105,000

24 months

8%

Debenture 127

9/25/15

Variable

50,000

50,000

24 months

8%

Debenture 133

10/20/15

Variable

100,000

100,000

24 months

8%

Debenture 136

12/4/15

Variable

160,000

160,000

24 months

8%

Debenture 142

1/29/16

Variable

20,000

20,000

20 months

8%

Debenture 143

3/3/16

Variable

30,000

30,000

18 months

8%

Debenture 144

4/15/16

Variable

15,000

15,000

17 months

8%

Debenture 145

4/18/16

Variable

50,000

50,000

17 months

8%

 

 

 

 

 

 

 

Total

 

 

$     564,650

554,650

 

 

Less discount

 

 

 

(338,100)

 

 

 

 

 

 

 

 

 

Net

 

 

 

$     216,550