Quarterly report pursuant to Section 13 or 15(d)

Notes Payable

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Notes Payable
3 Months Ended
Mar. 31, 2019
Debt Disclosure [Abstract]  
Notes Payable

Note 11 – Notes Payable

 

Notes payable consists of the following at March 31, 2019 and December 31, 2018, respectively:

 

    March 31, 2019     December 31, 2018  
             
On December 26, 2018, the Company received proceeds of $100,000 from CSW on an unsecured promissory note due on demand that carries a 6% interest rate.   $ 100,000     $ 100,000  
                 
On November 26, 2018, the Company received proceeds of $100,000 from CSW on an unsecured promissory note due on demand that carries a 6% interest rate.     100,000       100,000  
                 
Total notes payable   $ 200,000     $ 200,000  

 

The Company recorded interest expense in the amount of $2,959 for the three months ended March 31, 2019.