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Long-Term Debt Related Parties (Tables)
12 Months Ended
Dec. 31, 2017
Debt Disclosure [Abstract]  
Schedule of Long-Term Debt Related Parties

The following is a summary of long-term debt - related parties as of December 31, 2017 and 2016:

 

          2017     2016  
Promissory note - CEO.     (a)     $ 591,512     $ 226,707  
                         
Amounts due to OmniM2M. These advances eliminate in consolidation for 2017 as a result of the reverse merger.    

 

(b)

      -       12,591  
                         
Note payable - shareholder.     (c)       32,000       10,000  
            $ 623,512     $ 249,298  

 

  (a) These are advances from the CEO are unsecured and bear interest at 15% annually (1.25% monthly). Interest expense on this loan for the years ended December 31, 2017 and 2016 was $64,100 and $22,131, respectively. Accrued interest on this loan at December 31, 2017 is $190,131.
     
  (b) This is an unsecured note (advance) from OmniM2M. These funds are used to pay for the employee benefits of OmniM2M. There is no interest charged on this amount, and the companies have common shareholders and management.
     
  (c) Note payable to Satinder Thiara entered into December 13, 2016, at interest rate of 15% annually (1.25% monthly). This is an unsecured loan. During the year ended December 31, 2017, the Company received an additional $22,000 pursuant to this Note payable. Interest expense on this loan for the year ended December 31, 2017 and 2016 was $4,800 and $2,200, respectively. Accrued interest on this loan at December 31, 2017 is $7,000. Satinder Thiara is a shareholder of the Company.