Current Portion - Long-Term Debt Related Parties (Tables)

3 Months Ended

Mar. 31, 2019

Debt Disclosure [Abstract]

Schedule of Current Portion - Long-Term Debt Related Parties

The following is a summary of the current portion - long-term debt - related parties as of March 31, 2019 (unaudited) and December 31, 2018:

		March 31, 2019		December 31, 2018
Unsecured advances - CEO	(a)	$	804,655	$	728,236
Notes payable - Satinder Thiara	(b)		57,000		57,000
Promissory note – Kunaal Sikka	(c)		15,000		15,000
Notes payable - Swarn Singh	(d)		45,000		45,000
		$	921,655	$	845,236

(a)	This is an unsecured advance from the CEO originally entered into January 1, 2015. The note bears interest at 15% annually (1.25% monthly) and are due on demand. For the three months ended March 31, 2019, the Company repaid $1,000 and the CEO made additional advances of $77,419, Interest expense on this loan for the three months ended March 31, 2019 and 2018 was $29,079 and $23,428. Accrued interest on this loan at March 31, 2019 (unaudited) and December 31, 2018 is $319,010 and $289,931, respectively.
(b)	Notes payable to Satinder Thiara entered into May 25, 2016 ($22,000) which is due on demand, December 13, 2016 ($10,000) which is due on demand, and May 1, 2018 ($25,000) which matures December 31, 2019 at interest rate of 15% annually (1.25% monthly). These are unsecured loans. Interest expense on these loans for the three months ended March 31, 2019 and 2018 was $2,138 and $1,200, respectively. Accrued interest on these loans at March 31, 2019 (unaudited) and December 31, 2018 is $16,510 and $14,373, respectively. Satinder Thiara is a shareholder of the Company and the CEO’s wife.
(c)	Unsecured promissory note from Kunaal Sikka, the CEO’s son, dated September 13, 2018, in the amount of $15,000, maturing on December 31, 2019, and accruing interest at an annual rate of 12%. Interest expense on these loans for the three months ended March 31, 2019 and 2018 was $450 and $0, respectively. Accrued interest on these loans at March 31, 2019 (unaudited) and December 31, 2018 is $990 and $540, respectively.
(d)	Note payable to Swarn Singh, father-in-law of the CEO, entered into January 2017 ($25,000) and February 2017 ($20,000) at interest rate of 15% annually (1.25% monthly). These are unsecured notes. Interest expense on these loans for the three months ended March 31, 2019 and 2018 was $1,687 and $1,687, respectively. Accrued interest on these loans at March 31, 2019 (unaudited) and December 31, 2018 is $14,907 and $13,220, respectively. Both notes are due December 31, 2019.