Annual report pursuant to Section 13 and 15(d)

Convertible Debt (Tables)

v3.6.0.2
Convertible Debt (Tables)
12 Months Ended
Dec. 31, 2016
Debt Disclosure [Abstract]  
Components of convertible debt
The following is a summary of the impact of Convertible Notes on interest expense for the years ended December 31, 2016 and 2015:
Convertible Note Interest Expense
 
 
For the Years Ended December 31,
 
 
2016
 
2015
7% Convertible Notes
 
$
8,008,195

 
$
4,069,722

Discount Amortization
 
744,081

 
380,653

Deferred Debt Issuance Amortization
 
48,566

 
21,656

Total
 
$
8,800,842

 
$
4,472,031