Notes Payable

9 Months Ended

Sep. 30, 2016

Notes Payable [Abstract]

Note Payable

6. Notes Payable

Notes payable consisted of the following at September 30, 2016 and December 31, 2015:

	2016			2015
Note payable bearing interest at 7.99%. The note is payable in monthly principal plus interest payments of $472 through December, 2020. The note is secured by a vehicle.	$	18,007		$	21,940
Notes payable bearing interest at 8%. The notes have a 2-year maturity and are due at various dates between June 30, 2018 – September 19, 2018, and pay interest only on a monthly basis		1,250,000			-
Total notes payable		1,268,007			21,940
Less current portion		(4,424	)		(4,098	)
Less debt discount for detachable warrant		(334,046	)		-
Long-term portion of notes payable	$	929,537		$	17,842

Maturities on notes payable as of September 30, 2016, are as follows:

Year ending December 31:

2016	$	1,364
2017		5,737
2018		1,256,217
2019		4,689
2020		-
Thereafter		-
	$	1,268,007