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Liquidated Damages
12 Months Ended
Dec. 31, 2020
Liquidated Damages  
Liquidated Damages

 

23.Liquidated Damages

 

The following tables summarize the Liquidated Damages recognized during the years ended December 31, 2020 and 2019, with respect to the registration rights agreements and securities purchase agreements:

  

   Year Ended December 31, 2020 
   12% Convertible Debentures   Series I Preferred Stock   Series J Preferred Stock   Total Liquidated Damages 
Registration Rights Damages  $-   $277,200   $360,000   $637,200 
Public Information Failure Damages   12,300    346,500    360,000    718,800 
Accrued interest   1,578    69,992    60,007    131,577 
Balance  $13,878   $693,692   $780,007   $1,487,577 

 

   Year Ended December 31, 2019 
   12% Convertible Debentures   Series I Preferred Stock   Series J Preferred Stock   Total Liquidated Damages 
Registration Rights Damages  $-   $138,600   $-   $138,600 
Public Information Failure Damages   102,246    69,300    -    171,546 
Accrued interest   16,162    262,193    140,015    418,370 
Balance  $118,408   $470,093   $140,015   $728,516