Quarterly report pursuant to Section 13 or 15(d)

Notes Payable and Long-Term Debt - Related Party (Tables)

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Notes Payable and Long-Term Debt - Related Party (Tables)
6 Months Ended
Jun. 30, 2017
Debt Disclosure [Abstract]  
Schedule of Notes Payable and Long Term Debt Related Party

As of June 30, 2017 and December 31, 2016, notes payable and long-term debt due to a related party consists of:

 

    June 30, 2017     December 31, 2016  
Note payable to director due in four equal annual installments of $26,875 on April 28 of each year     107,500       107,500  
Less debt discount     -       -  
      107,500       107,500  
Less current portion - related party     80,625       53,750  
Long-term debt - related party   $ 26,875     $ 53,750