SENIOR NOTES (Tables)

12 Months Ended

Dec. 31, 2019

SENIOR NOTES

Schedule of the inputs to the models that were used to value the embedded derivatives

	December 31, 2018
Stock Price	$	0.22
Maturity Date		December 31, 2019
Risk-Free Interest Rate		2.63%
Estimated Stock Volatility		40.00%
Default Intensity		2.00%
Recovery Rate		30.00%

Type of Event	Expected Date	Probability of Event
Mandatory Redemption	October 17, 2019	10%
Conversion Option	March 31, 2019	0%
Note Reaches Maturity	December 31, 2019	90%