Long-Term Debt

6 Months Ended

Jun. 30, 2018

Debt Disclosure [Abstract]

Long-Term Debt

NOTE 4: LONG-TERM DEBT

The following is a summary of long-term debt as of June 30, 2018 and December 31, 2017:

		2018		2017
Promissory notes - Kabbage	(a)	$	25,245	$	33,063
Notes payable - Swarn Singh	(b)		45,000		45,000
Other	(c)		6,000		-
Total			76,245		78,063
Current portion			76,245		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 six months ended June 30, 2018 was $3,376. Accrued interest on this loan at June 30, 2018 is $9,750. Both notes are due December 31, 2018.
(c)	Note payable to a driver for $7,500, issued in May 2018 as consideration for services, due in June 2018, and bearing no interest. During the three months ended June 30, 2018, the Company made a payment of $1,500 against the note and the Company has withheld payment of the remaining amount pending receipt of amounts due from the service provider. This note is non-interest bearing.