Quarterly report pursuant to Section 13 or 15(d)

NOTE 4. NOTES PAYABLE (Tables)

v2.4.0.8
NOTE 4. NOTES PAYABLE (Tables)
3 Months Ended
Mar. 31, 2014
Note 4. Notes Payable Tables  
Notes Payables
    December 31, 2013     (unaudited) March 31, 2014  
Note payable to related party, unsecured,            
due 8/3/2012, interest rate 0%   $ 1,950     $ 1,950  
                 
Notes payable to related party, unsecured,                
due 12/31/2012, interest rate 0%   $ 11,810     $ 11,810  
                 
Note payable, unsecured, due 2/8/12,                
quarterly interest due, convertible at holder's                
option at $0.3235688 per IMLE share,                
interest rate 30%   $ 10,000     $ 10,000  
                 
Note payable, unsecured, due 2/8/12, quarterly                
interest due, convertible at holder's option at                
$0.3235688 per IMLE share, interest rate 30%   $ 25,000     $ 25,000  
                 
Note payable, unsecured, due 2/17/12, quarterly                
Interest due, convertible at holder's option at                
$0.3235688 per IMLE share, interest rate 30%   $ 25,000     $ 25,000  
                 
Note payable, unsecured, due 2/18/12, quarterly                
Interest due, convertible at holder's option at                
$0.3235688 per IMLE share, interest rate 30%   $ 10,000     $ 10,000  
                 
Note payable, unsecured, due 2/18/13, annually                
Interest due, convertible at holder's option at                
$0.3235688 per IMLE share, interest rate 18%   $ 750     $ 750  
                 
Note payable, unsecured, due 2/18/13, annually                
Interest due, convertible at holder's option at                
$0.3235688 per IMLE share, interest rate 18%   $ 6,875     $ 6,875  

  

Note payable, unsecured, due 2/15/13, annually                
Interest due, convertible at holder's option at                
$0.3235688 per IMLE share, interest rate 12%   $ 2,500     $ 2,500  
                 
Note payable, unsecured, due 2/20/13, annually                
Interest due, convertible at holder's option at                
$0.3235688 per IMLE share, interest rate 12%   $ 3,750     $ 3,750  
                 
Note payable, unsecured, due 2/21/13, annually                
Interest due, convertible at holder's option at                
$0.3235688 per IMLE share, interest rate 12%   $ 2,625     $ 2,625  
                 
Note payable, unsecured, due 3/20/13, annually                
Interest due, convertible at holder's option at                
$0.3235688 per IMLE share, interest rate 12%   $ 5,433     $ 5,433  
                 
Note payable, unsecured, due 3/22/13, annually                
Interest due, convertible at holder's option at                
$0.3235688 per IMLE share, interest rate 12%   $ 3,203     $ 3,203  
                 
Note payable, unsecured, due 1/05/13, annually                
Interest due, convertible at holder's option at                
51% of market as defined, interest rate 8%                
Conversion limited to total beneficial                
ownership of 4.99%   $ -     $ -  
                 
Note payable, unsecured, due 2/25/13, annually                
Interest due, convertible at holder's option at                
51% of market as defined, interest rate 8%                
Conversion limited to total beneficial                
ownership of 4.99%   $ 19,250     $ 14,600  
                 
Note payable to related party, unsecured, lien                
against company assets, $731,763,                
5-years at 0% simple interest, due                
7/1/2016, payment amounts                
vary each month.   $ 726,763     $ 726,763  

 

Note payable to related party, lien against company                
assets, unsecured, due 4/19/2013, annual interest due,                
convertible at holders' option at 51% of market as                
defined, interest rate 8%, conversion limited to total                
beneficial ownership of 4.99%   $ 52,500     $ 52,500  
                 
Note payable to non-related party, unsecured, due                
8/29/2013, simple interest 8% convertible at holders'                
option at $.249 per TransBiotec share   $ 15,000     $ 15,000  
                 
Note payable to non-related party, unsecured, due                
03/01/2013, simple interest 9%   $ 5,000     $ 5,000  
                 
Note payable to non-related party, unsecured, due                
01/31/2013, $12,000 in interest (2 months)   $ -     $ -  
                 
Note payable to non-related party, unsecured, due                
12/13/2013, interest rate 7%   $ 5,342     $ 5,342  
                 
Note payable to non-related party, unsecured, due                
01/31/2013, interest rate 18%   $ 3,938     $ 3,938  
                 
Note payable to non-related party, unsecured, interest                
rate 7%, due on demand, convertible at anytime into                
common stock at 65% of market closing price on                
previous day   $ 25,000     $ -  
                 
Note payable to non-related party, unsecured, due                
01/07/2014, interest rate 7%, default interest 10%,                
stock option   $ 15,000     $ 15,000  

 

Note payable to non-related party, unsecured, due                
01/15/2014, interest rate 7%, default interest 10%,                
stock option   $ 5,000     $ 5,000  
                 
Note payable to non-related party, unsecured, due                
01/20/2014, interest rate 7%, default interest 10%,                
stock option   $ 65,272     $ 65,272  

 

Note payable to non-related party, unsecured, due                
03/28/2013, $13,000 in interest (1 month)   $ 32,000     $ 32,000  
                 
Note payable to non-related party, unsecured, due                
01/23/2014, interest rate 9%,   $ 50,000     $ 50,000  
                 
Note payable to non-related party, unsecured, due                
04/28/2014, interest rate 7%, default interest 10%,                
stock option   $ 9,440     $ 9,440  
                 
Note payable to non-related party, unsecured, due                
05/05/2014, interest rate 7%, default interest 10%,                
stock option   $ 50,060     $ 50,060  
                 
Note payable to non-related party, unsecured, due                
07/02/2014, interest rate 9%,   $ 15,000     $ 15,000  
                 
Note payable to non-related party, unsecured, due                
10/25/2013, interest rate 18%,   $ 2,000     $ 2,000  
                 
Note payable to non-related party, unsecured, due                
07/29/2014, interest rate 7%, default interest 10%,                
stock option   $ 1,900     $ 1,900  
                 
Note payable to non-related party, unsecured, due                
09/19/2014, interest rate 7%, default interest 10%,                
stock option   $ 10,000     $ 10,000  
                 
Note payable to non-related party, unsecured, due                
09/19/2014, interest rate 7%, default interest 10%,                
stock option   $ 65,000     $ 65,000  
                 
Note payable to non-related party, unsecured, due                
09/29/2014, interest rate 7%, default interest 10%,                
stock option   $ 20,000     $ 20,000  
                 
Note payable to non-related party, unsecured, due                
12/27/2013, interest rate 9%   $ 15,000     $ 15,000  

  

Note payable to non-related party, unsecured, due                
10/28/2014, interest rate 7%, default interest 10%,                
stock option   $ 2,500     $ 2,500  
                 
Note payable to non-related party, unsecured, due                
10/29/2014, interest rate 7%, default interest 10%,                
stock option   $ 10,000     $ 10,000  
                 
Note payable to non-related party, unsecured, due                
11/10/2014, interest rate 7%, default interest 10%,                
stock option   $ 5,000     $ 5,000  
                 
Note payable to non-related party, unsecured, due                
11/12/2014, interest rate 9%, convertible up to the due date   $ 11,000     $ 11,000  
                 
Note payable to non-related party, unsecured, due                
11/20/2014, interest rate 7%, default interest 10%,                
stock option   $ 20,000     $ 20,000  
                 
Note payable to non-related party, unsecured, due                
12/02/2014, interest rate 7%, default interest 10%,                
stock option   $ 5,000     $ 5,000  
                 
Note payable to non-related party, unsecured, due                
1/27/2014, simple interest 10%   $ 5,000     $ 5,000  
                 
Note payable to non-related party, unsecured, due                
1/07/2015, interest rate 7%, default interest 10%,                
stock option   $ -     $ 25,000  
                 
Note payable to non-related party, unsecured, due                
1/28/2015, interest rate 7%, default interest 10%,                
stock option   $ -     $ 1,253  

  

Note payable to non-related party, unsecured, due                
1/29/2015, interest rate 7%, default interest 10%,                
stock option   $ -     $ 3,500  
                 
Note payable to non-related party, unsecured, due                
2/10/2015, interest rate 7%, default interest 10%,                
stock option   $ -     $ 990  
                 
Note payable to non-related party, unsecured, due                
2/17/2015, interest rate 7%, default interest 10%,                
stock option   $ -     $ 4,500  
                 
Note payable to non-related party, unsecured, due                
2/20/2015, interest rate 7%, default interest 10%,                
stock option   $ -     $ 5,000  
                 
Note payable to non-related party, unsecured, due                
3/10/2015, interest rate 7%, default interest 10%,                
stock option   $ -     $ 2,500  
    $ 1,375,861     $ 1,388,954  
                 
Less Note Discounts     22,996       12,332  
                 
Less current portion     (1,185,858 )     (1,209,615 )
                 
Long-term portion   $ 167,007     $ 167,007  

 

Principal payments
2014   $ 1,221,947  
2015   $ 123,709  
2016   $ 43,298  
2017   $ -  
2018   $ -  
    $ 1,388,954