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Note Payable (Tables)
12 Months Ended
Dec. 31, 2019
Tables/Schedules  
Schedule of Long-term Debt Instruments

 

 

 

December 31, 2019

Note payable, 9-14% interest, interest and principal due April 10, 2020 through July 31, 2020, unsecured (1)

 

$350,000

 

 

 

     Total due

 

350,000

     Current Portion

 

350,000

     Long-term portion

 

$         -

(1)    One note for $50,000 includes as an additional return on the debt a 3% interest in the Gross Crop Yield from the Company’s hemp crop in McDermitt, NV.  No accrual has been made for this interest due to no expected proceeds from a Gross Crop Yield.

(2)    All notes that have become due to the date of this report have been extended to a future due date.

 

 

Notes Payable - Related Party

 

 

December 31, 2019

Notes payable, 1.69 - 12% interest, interest and principal due April 30, 2020 through July 31, 2020, unsecured

$34,557

 

 

     Total due

34,557

     Current Portion

34,557

     Long-term portion

$            -

                (1) All notes that have become due to the date of this report have been extended to a future due date.