Annual report pursuant to Section 13 and 15(d)

Convertible Debt Obligations (Tables)

v3.19.1
Convertible Debt Obligations (Tables)
 12 Months Ended
Dec. 31, 2018
Debt Disclosure [Abstract]  
Schedule of Debt Obligations

Company’s debt obligations as of December 31, 2018 and 2017 are summarized below:

 

    December 31, 2018     December 31, 2017  
    Principal     Interest [1]     Total     Principal     Interest [1]     Total  
                                     
2010 Debt Obligations   $ -     $ 279,735     $ 279,735     $ -     $ 255,481     $ 255,481  
Convertible Notes     1,251,854       75,013       1,326,867       20,000       -       20,000  
Gaucho Notes     1,480,800       18,787       1,499,587       -       -       -  
Total Debt Obligations   $ 2,732,654     $ 373,535     $ 3,106,189     $ 20,000     $ 255,481     $ 275,481  

 

  [1] Accrued interest is included as a component of accrued expenses on the consolidated balance sheets. (See Note 9 – Accrued Expenses)