Convertible Debentures

12 Months Ended

Dec. 31, 2018

Debt Disclosure [Abstract]

Convertible Debentures

NOTE 9 - CONVERTIBLE DEBENTURES

Convertible Debentures consisted of the following as of December 31, 2018 and 2017:

	December 31,
	2018		2017
Convertible debenture, 5% stated interest rate, secured by all of our assets, due on October 20, 2018	$	200,000	$	200,000
Convertible debenture, 5% stated interest rate, secured by all of our assets, due on April 30, 2027		2,390,528		2,390,528
Total	$	2,590,528	$	2,590,528

The convertible debentures and accrued interest are convertible into shares of our common stock at the lower of $0.10 or the lowest bid price for the 20 trading days prior to conversion $nil as of December 31, 2018 and 2017.

As of December 31, 2018 and 2017, we had accrued interest on the convertible debentures totaling $1,268,557 and $1,144,311, of which $16,987 and $6,986 was current and $1,251,570 and $1,137,325 was long term, respectively. As of December 31, 2018 and 2017, the debentures were convertible into nil shares of our common stock.