Quarterly report pursuant to Section 13 or 15(d)

RELATED PARTY TRANSACTIONS (Tables)

v3.19.1
RELATED PARTY TRANSACTIONS (Tables)
3 Months Ended
Mar. 31, 2019
Related Party Transactions [Abstract]  
Schedule of loans payable

The following transactions were entered into with related parties:

 

LOANS PAYABLE

 

Description   Interest Rate    

Maturity

Date

  March 31,
2019
    December 31,
2018
 
                       
Vladimir Skigin                            
               Equipment funding     36 %   On Demand    $ 86,225      $ 81,316  
               Promissory note     15 %  

January 11,

2020

    57,348       55,474  
                             
Notes payable – Related parties               $ 143,573     $ 136,790  
Schedule of convertible notes payable

CONVERTIBLE NOTES PAYABLE 

 

                               

March 31

2019

   

December 31

2018

 
Description  

Interest

rate

    Maturity Date   Principal    

Accrued

interest

   

Unamortized

debt discount

   

Balance,

net

   

Balance,

net

 
                                         
Cobbolo Limited     15 %   December 26, 2019     53,438       13,265             66,703       64,726  
      15 %   December 26, 2019     52,959       13,146             66,105       64,146  
                                                     
Total convertible notes payable               $ 106,397     $ 26,411     $     $ 132,808     $ 128,872