Quarterly report pursuant to Section 13 or 15(d)

NOTES PAYABLE (Tables)

v2.4.0.8
NOTES PAYABLE (Tables)
 9 Months Ended
Sep. 30, 2014
Notes Payable Tables  
Notes Payables
    December 31,
2013 		    (Unaudited) September 30,
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 to related party, unsecured, $731,763, 5-years at 0% simple interest, due 7/1/2016, payment amounts vary each month, various late penalties.   $ 726,763     $ 726,763  
                 
Note payable to non-related party, unsecured, due 2/8/12, quarterly interest due, convertible at holder’s option at $0.3235688 per TBT - DE share, interest rate 30%. Currently in default. Principal balance including interest to be paid upon the receipt of equity funding and/or sales revenue.   $ 10,000     $ 10,000  
                 
Note payable to non-related party, unsecured, due 2/8/12, quarterly interest due, convertible at holder’s option at $0.3235688 per TBT - DE share, interest rate 30%. Currently in default. Principal balance including interest to be paid upon the receipt of equity funding and/or sales revenue.   $ 25,000     $ 25,000  
                 
Note payable to non-related party, unsecured, due 2/17/12, quarterly interest due, convertible at holder’s option at $0.3235688 per TBT - DE share, interest rate 30%. Currently in default. Principal balance including interest to be paid upon the receipt of equity funding and/or sales revenue.   $ 25,000     $ 25,000  
                 
Note payable to non-related party, unsecured, due 2/18/12, quarterly interest due, convertible at holder’s option at $0.3235688 per TBT - DE share, interest rate 30%. Currently in default. Principal balance including interest to be paid upon the receipt of equity funding and/or sales revenue.   $ 10,000     $ 10,000  

  

Note payable to non-related party, unsecured, due 2/18/13, annual interest due, convertible at holder’s option at $0.3235688 per TBT-DE share, interest rate 18%. Currently in default. Principal balance including interest to be paid upon the receipt of equity funding and/or sales revenue.   $ 750     $ 750  

 

Note payable to non-related party, unsecured, due 2/18/13, annual interest due, convertible at holder’s option at $0.3235688 per TBT-DE share, interest rate 18%. Currently in default. Principal balance including interest to be paid upon the receipt of equity funding and/or sales revenue.   $ 6,875     $ 6,875  

 

Note payable to non-related party, unsecured, due 2/15/13, annual interest due, convertible at holder’s option at $0.3235688 per TBT-DE share, interest rate 12%. Currently in default. Principal balance including interest to be paid upon the receipt of equity funding and/or sales revenue.   $ 2,500     $ 2,500  

 

Note payable to non-related party, unsecured, due 2/20/13, annual interest due, convertible at holder’s option at $0.3235688 per TBT-DE share, interest rate 12%. Currently in default. Principal balance including interest to be paid upon the receipt of equity funding and/or sales revenue.   $ 3,750     $ 3,750  

 

Note payable to non-related party, unsecured, due 2/21/13, annual interest due, convertible at holder’s option at $0.3235688 per TBT-DE. share, interest rate 12%. Currently in default. Principal balance including interest to be paid upon the receipt of equity funding and/or sales revenue.   $ 2,625     $ 2,625  

 

Note payable to non-related party, unsecured, due 3/20/13, annual interest due, convertible at holder’s option at $0.3235688 per TBT-DE share, interest rate 12%. Currently in default. Principal balance including interest to be paid upon the receipt of equity funding and/or sales revenue.   $ 5,433     $ 5,433  

 

Note payable to non-related party, unsecured, due 3/22/13, annual interest due, convertible at holder’s option at $0.3235688 per TBT-DE share, interest rate 12%. Currently in default. Principal balance including interest to be paid upon the receipt of equity funding and/or sales revenue.   $ 3,203     $ 3,203  

  

Note payable to non-related party, unsecured, due 2/25/13, annual 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       -  

 

Note payable to non-related party, unsecured, due 4/19/13, annual 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%. Currently in default. Principal balance including interest to be paid upon the receipt of equity funding and/or sales revenue and/or the continued conversion of the company’s stock.   $ 52,500     $ 39,005  

 

Note payable to non-related party, unsecured, due 08/29/2013, simple interest 8% convertible at holder’s option at $.249 per TBT-CA share. Currently in default.   $ 15,000     $ 15,000  

 

Note payable to non-related party, unsecured, due 03/01/2013, simple interest 9%. Currently in default. Principal balance including interest to be paid upon the receipt of equity funding and/or sales revenue.   $ 5,000     $ 5,000  

 

Note payable to non-related party, unsecured, due 12/13/2013, simple interest 7%. Currently in default. Principal balance including interest to be paid upon the receipt of equity funding and/or sales revenue.   $ 5,342     $ 5,342  

 

Note payable to non-related party, unsecured, due 01/31/2013, simple interest 18%. Currently in default. Principal balance including interest to be paid upon the receipt of equity funding and/or sales revenue.   $ 3,938     $ 3,938  

 

Note payable to non-related party, unsecured, due on demand, simple interest 7%, 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, simple interest 7%, default interest 10%, stock option. Currently in default. Principal balance including interest to be paid upon the receipt of equity funding and/or sales revenue.   $ 15,000     $ 15,000  

  

Note payable to non-related party, unsecured, due 01/15/2014, simple interest 7%, default interest 10%, stock option. Currently in default. Principal balance including interest to be paid upon the receipt of equity funding and/or sales revenue.   $ 5,000     $ 5,000  

 

Note payable to non-related party, unsecured, due 01/20/2014, simple interest 7%, default interest 10%, stock option. Currently in default. Principal balance including interest to be paid upon the receipt of equity funding and/or sales revenue.   $ 65,272     $ 65,272  

 

Note payable to non-related party, unsecured, due 03/28/2013, $13,000 in interest (1 month). Currently in default. Principal balance including interest to be paid upon the receipt of equity funding and/or sales revenue.   $ 32,000     $ 17,000  

 

Note payable to non-related party, unsecured, due 01/23/2014, simple interest 9%. Currently in default.   $ 50,000     $ 50,000  

 

Principal balance including interest to be paid upon the receipt of equity funding and/or sales revenue. Note payable to non-related party, unsecured, due 04/28/2014, simple interest 7%, default interest 10%, stock option. Currently in default. Principal balance including interest to be paid upon the receipt of equity funding and/or sales revenue.   $ 9,440     $ 9,440  

 

Note payable to non-related party, unsecured, due 05/05/2014, simple interest 7%, default interest 10%, stock option. Currently in default.   $ 50,060     $ 50,060  
                 
Principal balance including interest to be paid upon the receipt of equity funding and/or sales revenue. Note payable to non-related party, unsecured, due 07/02/2014, simple interest 9%. Currently in default. Principal balance including interest to be paid upon the receipt of equity funding and/or sales revenue.   $ 15,000     $ 15,000  

 

Note payable to non-related party, unsecured, due 10/25/2013, simple interest 18%. Currently in default. Principal balance including interest to be paid upon the receipt of equity funding and/or sales revenue.   $ 2,000     $ 2,000  

 

Note payable to non-related party, unsecured, due 07/29/2014, simple interest 7%, default interest 10%, stock option. Currently in default. Principal balance including interest to be paid upon the receipt of equity funding and/or sales revenue.   $ 1,900     $ 1,900  

 

Note payable to non-related party, unsecured, due 09/19/2014, simple interest 7%, default interest 10%, stock option. Currently in default. Principal balance including interest to be paid upon the receipt of equity funding and/or sales revenue.   $ 10,000     $ 10,000  

 

Note payable to non-related party, unsecured, due 09/19/2014, simple interest 7%, default interest 10%, stock option. Currently in default. Principal balance including interest to be paid upon the receipt of equity funding and/or sales revenue.   $ 65,000     $ 65,000  

 

Note payable to non-related party, unsecured, due 09/29/2014, simple interest 7%, default interest 10%, stock option. Currently in default. Principal balance including interest to be paid upon the receipt of equity funding and/or sales revenue.   $ 20,000     $ 20,000  

 

Note payable to non-related party, unsecured, due 12/27/2013, simple interest 9%. Currently in default. Principal balance including interest to be paid upon the receipt of equity funding and/or sales revenue.   $ 15,000     $ 15,000  

 

Note payable to non-related party, unsecured, due 10/28/2014, simple interest 7%, default interest 10%, stock option.   $ 2,500     $ 2,500  

 

Note payable to non-related party, unsecured, due 10/29/2014, simple interest 7%, default interest 10%, stock option.   $ 10,000     $ 10,000  

 

Note payable to non-related party, unsecured, due 11/10/2014, simple interest 7%, default interest 10%, stock option.   $ 5,000     $ 5,000  

 

Note payable to non-related party, unsecured, due 11/12/2014, interest up to 9%, convertible up to the due date.   $ 11,000     $ 11,000  

 

Note payable to non-related party, unsecured, due 11/20/2014, simple interest 7%, default interest 10%, stock option.   $ 20,000     $ 20,000  

 

Note payable to non-related party, unsecured, due 12/02/2014, simple interest 7%, default interest 10%, stock option.   $ 5,000     $ 5,000  

 

Note payable to non-related party, unsecured, due 1/27/2014, simple interest 10%. Currently in default. Principal balance including interest to be paid upon the receipt of equity funding and/or sales revenue.   $ 5,000     $ 4,235  

 

Note payable to non-related party, unsecured, due 1/07/2015, simple interest 7%, default interest 10%, stock option.     -     $ 25,000  

  

Note payable to non-related party, unsecured, due 1/28/2015, simple interest 7%, default interest 10%, stock option.     -     $ 1,253  

 

Note payable to non-related party, unsecured, due 1/29/2015, simple interest 7%, default interest 10%, stock option.     -     $ 3,500  

 

Note payable to non-related party, unsecured, due 2/10/2015, simple interest 7%, default interest 10%, stock option.     -     $ 990  

 

Note payable to non-related party, unsecured, due 2/17/2015, simple interest 7%, default interest 10%, stock option.     -     $ 4,500  

 

Note payable to non-related party, unsecured, due 2/20/2015, simple interest 7%, default interest 10%, stock option.     -     $ 5,000  

 

Note payable to non-related party, unsecured, due 3/10/2015, simple interest 7%, default interest 10%, stock option.     -     $ 2,500  

 

Note payable to non-related party, unsecured, due 3/31/2015, simple interest 7%, default interest 10%, stock option..     -     $ 2,500  

 

Note payable to non-related party, unsecured, due 4/03/2015, simple interest 7%, default interest 10%, stock option.     -     $ 5,890  

 

Note payable to non-related party, unsecured, due 4/08/2015, interest up to 7%, convertible up to the due date.     -     $ 15,000  

 

Note payable to non-related party, unsecured, due 4/10/2015, simple interest 7%, default interest 10%, stock option.     -     $ 4,331  

 

Note payable to non-related party, unsecured, due 4/27/2015, simple interest 7%, default interest 10%, stock option.     -     $ 2,500  

 

Note payable to non-related party, unsecured, due 5/13/2015, simple interest 7%, default interest 10%, stock option.     -     $ 5,360  

 

Note payable to non-related party, unsecured, due 8/17/2014, simple interest 10%. Currently in default. Principal balance including interest to be paid upon the receipt of equity funding and/or sales revenue.     -     $ 5,000  

 

Note payable to non-related party, unsecured, due 5/26/2015, simple interest 7%, default interest 10%, stock option.     -     $ 895  

 

Note payable to non-related party, unsecured, due 6/10/2015, simple interest 7%, default interest 10%, stock option.     -     $ 3,207  

 

Note payable to non-related party, unsecured, due 6/17/2015, simple interest 7%, default interest 10%, stock option.     -     $ 600  

 

Note payable to non-related party, unsecured, due 7/09/2015, simple interest 7%, default interest 10%, stock option.     -     $ 3,750  

 

Note payable to non-related party, unsecured, due 8/05/2015, simple interest 7%, default interest 10%, stock option.     -     $ 10,000  

 

Note payable to non-related party, unsecured, due 9/03/2015, simple interest 7%, default interest 10%, stock option.     -     $ 1,000  
                 
    $ 1,375,861     $ 1,405,127  
                 
Less note discounts     (22,996 )     (10,580 )
                 
Less current - related parties     (573,516 )     (573,516 )
                 
Less current – non-related parties      (612,342 )     (654,023 )
                 
Long-term – related parties   $ 167,007     $  167,007  
Principal payments
2014   $ 1,238,120  
2015   $ 23,709  
2016   $ 43,298  
2017   $ -  
2018   $ -  
    $ 1,305,127