Quarterly report pursuant to Section 13 or 15(d)

Note Exchange Agreement (Tables)

v3.19.3
Note Exchange Agreement (Tables)
9 Months Ended
Sep. 30, 2019
Debt Disclosure [Abstract]  
Schedule of Exchange for Conversion of Preferred Shares for Promissory Notes

Pursuant to the terms of the Agreements, the Company agreed to exchange the preferred shares held by the respective Converting Stockholders for promissory notes as follows:

 

Series of
Preferred
Stock
  No. of
Converting
Holders of
Preferred
Stock
    Aggregate
No. of
Shares Held
by
Converting
Stockholders
    Aggregate
Principal
Amount of
Notes into
which
Shares
Converted
 
B     1       222     $ 11  
C     1       123,526     $ 12,353  
D     3       147,577     $ 29,516  
E               $  
F     1       23,333     $ 233  
G     2       346,840     $ 3,468  
H     3       916     $ 916  
I     3       3,241     $ 3,241  
J     5       4,296     $ 42,961  
K     7       70,571     $ 70,571  
L     3       1,333     $ 5,000  
      TOTAL:       721,855     $ 168,270