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

6 Months Ended

Jun. 30, 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 June 30, 2019 and December 31, 2018:

		June 30, 2019 (unaudited)		December 31, 2018
Unsecured advances - CEO	(a)	$	1,048,009	$	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
		$	1,165,009	$	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 six months ended June 30, 2019, the Company repaid $6,500 and the CEO made additional advances of $326,273, Interest expense on this loan for the six months ended June 30, 2019 and 2018 was $64,913 and $47,008. Accrued interest on this loan at June 30, 2019 (unaudited) and December 31, 2018 is $354,844 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 six months ended June 30, 2019 and 2018 was $4,275 and $3,025, respectively. Accrued interest on these loans at June 30, 2019 (unaudited) and December 31, 2018 is $18,648 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 six months ended June 30, 2019 and 2018 was $900 and $0, respectively. Accrued interest on these loans at June 30, 2019 (unaudited) and December 31, 2018 is $1,440 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 six months ended June 30, 2019 and 2018 was $3,375 and $3,375, respectively. Accrued interest on these loans at June 30, 2019 (unaudited) and December 31, 2018 is $16,595 and $13,220, respectively. Both notes are due December 31, 2019.