Quarterly report pursuant to Section 13 or 15(d)

Convertible Note Receivable - Related Party (Tables)

v3.19.3
Convertible Note Receivable - Related Party (Tables)
3 Months Ended
Sep. 30, 2019
Receivables [Abstract]  
Schedule of Convertible Note

The following table summarizes the convertible notes receivable from WRLD3D.

 

              Convertible        
Agreement   Interest     Maturity   Note     Amount  
Date   Rate     Date   Amount     Disbursed  
May 25, 2017     5 %   On Demand   $ 750,000     $ 750,000  
February 9, 2018     10 %   On Demand     2,500,000       2,500,000  
April 1, 2019     10 %   March 31, 2020     600,000       435,000  
August 19, 2019     10 %   March 31, 2020     400,000       400,000  
                $ 4,250,000     $ 4,085,000