Long-Term Debt

3 Months Ended

Mar. 31, 2018

Debt Disclosure [Abstract]

Long-Term Debt

NOTE 4: LONG-TERM DEBT

The following is a summary of long-term debt as of March 31, 2018 and December 31, 2017:

		2018		2017
Promissory notes - Kabbage	(a)	$	28,949	$	33,063
Notes payable - Swarn Singh	(b)		45,000		45,000
Total			73,949		78,063
Current portion			73,949		78,063
Total - net of current portion		$	-	$	-

(a)	Multiple monthly loan agreements with Kabbage. Each of these loans has a six-month duration with interest and fees spread over the 6 months.
(b)	Note payable to Swarn Singh entered into January 2017 ($25,000) and February 2017 ($20,000), at interest rate of 15% annually (1.25% monthly). This is an unsecured loan. Interest expense on this loan for the three months ended March 31, 2018 was $1,688 Accrued interest on this loan at March 31, 2018 is $1,688. Both notes are due December 31, 2018.