| Schedule of convertable debt |
Four
of the six September 2015 Notes were purchased by affiliates of the Company, or an entity under such affiliates control,
as follows:
| |
|
|
|
As
of September 30, 2015 |
|
| Note
Type and Investor |
|
Due
Date |
|
Balance |
|
|
Discount |
|
|
Carrying
Value
|
|
Senior
Secured 5% Notes Convertible at $0.05
(the
Notes)
|
|
|
|
($) |
|
|
($) |
|
|
($) |
|
| |
|
|
|
|
|
|
|
|
|
|
|
| RSJ
Private Equity |
|
03/21/2016 |
|
$ |
1,100,000 |
|
|
$ |
(106,700 |
) |
|
$ |
993,300 |
|
| 10
Accredited Investors |
|
03/21/2016 |
|
|
550,000 |
|
|
|
(24,300 |
) |
|
|
525,700 |
|
| Robin
L. Smith |
|
03/21/2016 |
|
|
60,000 |
|
|
|
(7,100 |
) |
|
|
52,900 |
|
| John
Pappajohn |
|
03/21/2016 |
|
|
300,000 |
|
|
|
(32,500 |
) |
|
|
267,500 |
|
| Tierney
Family Trust |
|
03/21/2016 |
|
|
540,000 |
|
|
|
(16,000 |
) |
|
|
524,000 |
|
| Oman
Ventures |
|
03/21/2016 |
|
|
200,000 |
|
|
|
(8,100 |
) |
|
|
191,900 |
|
| Follman
Family Trust |
|
03/21/2016 |
|
|
250,000 |
|
|
|
(39,500 |
) |
|
|
210,500 |
|
| Total
Secured Convertible Promissory Notes |
|
|
|
$ |
3,000,000 |
|
|
$ |
(234,200 |
) |
|
$ |
2,765,800 |
|
|