| Schedule of outstanding loans from related parties |
The following table sets forth information relating to our loans from related persons outstanding on or at any time during the nine months ended September 30, 2019 (in thousands):
|
Class
|
Lender
|
|
Interest
Rate
|
|
|
Date of
Loan
|
|
Term of Loan
|
|
Principal Amount Outstanding at September 30, 2019
|
|
|
Highest
Principal
Outstanding
|
|
|
Amount of
Principal
Repaid or
Converted
into Stock
|
|
|
Amount of
Interest
Paid
|
|
|
Conversion
Rate
|
|
|
Shares Underlying Notes September 30, 2019
|
|
|
Current, Promissory note payable to related parties:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Lan T. Tran (2)
|
|
10%
|
|
|
4/29/2016
|
|
Due on Demand
|
|
|
20
|
|
|
|
20
|
|
|
|
—
|
|
|
|
—
|
|
|
|
—
|
|
|
|
—
|
|
|
|
Hope Hospice (1)
|
|
10%
|
|
|
6/3/2016
|
|
Due on Demand
|
|
|
—
|
|
|
|
250
|
|
|
|
250
|
|
|
|
78
|
|
|
|
—
|
|
|
|
—
|
|
|
|
Lan T. Tran (2)
|
|
10%
|
|
|
2/9/2017
|
|
Due on Demand
|
|
|
—
|
|
|
|
12
|
|
|
|
—
|
|
|
|
—
|
|
|
|
—
|
|
|
|
—
|
|
|
|
Yutaka Niihara (2)(3)
|
|
10%
|
|
|
9/14/2017
|
|
Due on Demand
|
|
|
—
|
|
|
|
904
|
|
|
|
27
|
|
|
|
2
|
|
|
|
—
|
|
|
|
—
|
|
|
|
Lan T. Tran (2)
|
|
11%
|
|
|
2/10/2018
|
|
Due on Demand
|
|
|
159
|
|
|
|
159
|
|
|
|
—
|
|
|
|
—
|
|
|
|
—
|
|
|
|
—
|
|
|
|
Lan T. Tran (2)
|
|
10%
|
|
|
2/9/2019
|
|
Due on Demand
|
|
|
14
|
|
|
|
14
|
|
|
|
—
|
|
|
|
—
|
|
|
|
—
|
|
|
|
—
|
|
|
|
|
|
|
|
|
|
|
|
Subtotal
|
|
$
|
193
|
|
|
$
|
1,359
|
|
|
$
|
277
|
|
|
$
|
80
|
|
|
|
|
|
|
|
—
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Current, Convertible notes payable to related parties:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Yasushi Nagasaki (2)
|
|
10%
|
|
|
6/29/2012
|
|
Due on Demand
|
|
$
|
—
|
|
|
$
|
200
|
|
|
$
|
200
|
|
|
$
|
56
|
|
|
$
|
3.30
|
|
|
|
—
|
|
|
|
Yutaka & Soomi Niihara (2)(3)
|
|
10%
|
|
|
11/16/2015
|
|
2 years
|
|
|
—
|
|
|
|
200
|
|
|
|
200
|
|
|
|
73
|
|
|
$
|
4.50
|
|
|
|
—
|
|
|
|
Wei Peu Zen (3)
|
|
10%
|
|
|
11/6/2017
|
|
2 years
|
|
|
—
|
|
|
|
5,000
|
|
|
|
5,000
|
|
|
|
597
|
|
|
$
|
10.00
|
|
|
|
—
|
|
|
|
Profit Preview International Group, Ltd. (4)
|
|
10%
|
|
|
2/1/2018
|
|
2 years
|
|
|
—
|
|
|
|
4,037
|
|
|
|
4,037
|
|
|
|
385
|
|
|
$
|
10.00
|
|
|
|
—
|
|
|
|
Profit Preview International Group, Ltd. (4)
|
|
10%
|
|
|
3/21/2018
|
|
2 years
|
|
|
—
|
|
|
|
5,363
|
|
|
|
5,363
|
|
|
|
442
|
|
|
$
|
10.00
|
|
|
|
—
|
|
|
|
|
|
|
|
|
|
|
|
Subtotal
|
|
$
|
—
|
|
|
$
|
14,800
|
|
|
$
|
14,800
|
|
|
$
|
1,553
|
|
|
|
|
|
|
|
—
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
$
|
193
|
|
|
$
|
16,159
|
|
|
$
|
15,077
|
|
|
$
|
1,633
|
|
|
|
|
|
|
|
—
|
|
|
(1)
|
Dr. Niihara, a Director and the Chairman, and Chief Executive Officer of the Company, is also the Chief Executive Officer of Hope Hospice.
|
|
(4)
|
Mr. Zen, a Director of the Company, is the sole owner of Profit Preview International Group, Ltd.
|
The following table sets forth information relating to our loans from related persons outstanding at any time during the year ended December 31, 2018:
|
Class
|
Lender
|
|
Interest
Rate
|
|
|
Date of
Loan
|
|
Term of Loan
|
|
Principal Amount Outstanding at December 31, 2018
|
|
|
Highest
Principal
Outstanding
|
|
|
Amount of
Principal
Repaid or
Converted
into Stock
|
|
|
Amount of
Interest
Paid
|
|
|
Conversion
Rate
|
|
|
Shares Underlying Notes December 31, 2018
|
|
|
Current, Promissory note payable to related parties:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Masaharu & Emiko Osato (3)
|
|
11%
|
|
|
12/29/2015
|
|
Due on Demand
|
|
$
|
—
|
|
|
$
|
300
|
|
|
$
|
300
|
|
|
$
|
76
|
|
|
|
—
|
|
|
|
—
|
|
|
|
Lan T. Tran (2)
|
|
11%
|
|
|
2/10/2016
|
|
Due on Demand
|
|
|
—
|
|
|
|
131
|
|
|
|
131
|
|
|
|
29
|
|
|
|
—
|
|
|
|
—
|
|
|
|
Masaharu & Emiko Osato (3)
|
|
11%
|
|
|
2/25/2016
|
|
Due on Demand
|
|
|
—
|
|
|
|
400
|
|
|
|
400
|
|
|
|
94
|
|
|
|
—
|
|
|
|
—
|
|
|
|
Lan T. Tran (2)
|
|
10%
|
|
|
4/29/2016
|
|
Due on Demand
|
|
|
20
|
|
|
|
20
|
|
|
|
—
|
|
|
|
—
|
|
|
|
—
|
|
|
|
—
|
|
|
|
Hope Hospice (1)
|
|
10%
|
|
|
6/3/2016
|
|
Due on Demand
|
|
|
250
|
|
|
|
250
|
|
|
|
—
|
|
|
|
—
|
|
|
|
—
|
|
|
|
—
|
|
|
|
Lan T. Tran (2)
|
|
10%
|
|
|
2/9/2017
|
|
Due on Demand
|
|
|
12
|
|
|
|
12
|
|
|
|
—
|
|
|
|
—
|
|
|
|
—
|
|
|
|
—
|
|
|
|
Yutaka Niihara (2)(3)
|
|
10%
|
|
|
9/14/2017
|
|
Due on Demand
|
|
|
27
|
|
|
|
904
|
|
|
|
877
|
|
|
|
95
|
|
|
|
—
|
|
|
|
—
|
|
|
|
Lan T. Tran (2)
|
|
11%
|
|
|
2/10/2018
|
|
Due on Demand
|
|
|
159
|
|
|
|
159
|
|
|
|
—
|
|
|
|
—
|
|
|
|
—
|
|
|
|
—
|
|
|
|
|
|
|
|
|
|
|
|
Subtotal
|
|
$
|
468
|
|
|
$
|
2,176
|
|
|
$
|
1,708
|
|
|
$
|
294
|
|
|
|
|
|
|
|
—
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Current, Convertible notes payable to related parties:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Yasushi Nagasaki (2)
|
|
10%
|
|
|
6/29/2012
|
|
Due on Demand
|
|
|
200
|
|
|
|
200
|
|
|
|
—
|
|
|
|
—
|
|
|
$
|
3.30
|
|
|
|
74
|
|
|
|
Yutaka & Soomi Niihara (2)(3)
|
|
10%
|
|
|
11/16/2015
|
|
2 years
|
|
|
200
|
|
|
|
200
|
|
|
|
—
|
|
|
|
—
|
|
|
$
|
4.50
|
|
|
|
58
|
|
|
|
Wei Peu Zen (3)
|
|
10%
|
|
|
11/6/2017
|
|
2 years
|
|
|
5,000
|
|
|
|
5,000
|
|
|
|
—
|
|
|
|
250
|
|
|
$
|
10.00
|
|
|
|
533
|
|
|
|
|
|
|
|
|
|
|
|
Subtotal
|
|
$
|
5,400
|
|
|
$
|
5,400
|
|
|
$
|
—
|
|
|
$
|
250
|
|
|
|
|
|
|
|
665
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Non Current, Convertible notes payable to related parties:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Profit Preview International Group, Ltd. (4)
|
|
10%
|
|
|
2/1/2018
|
|
2 years
|
|
|
4,037
|
|
|
|
4,037
|
|
|
|
—
|
|
|
|
202
|
|
|
$
|
10.00
|
|
|
|
420
|
|
|
|
Profit Preview International Group, Ltd. (4)
|
|
10%
|
|
|
3/21/2018
|
|
2 years
|
|
|
5,363
|
|
|
|
5,363
|
|
|
|
—
|
|
|
|
268
|
|
|
$
|
10.00
|
|
|
|
552
|
|
|
|
|
|
|
|
|
|
|
|
Subtotal
|
|
$
|
9,400
|
|
|
$
|
9,400
|
|
|
$
|
—
|
|
|
$
|
470
|
|
|
|
|
|
|
|
972
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
$
|
15,268
|
|
|
$
|
16,976
|
|
|
$
|
1,708
|
|
|
$
|
1,014
|
|
|
|
|
|
|
|
1,637
|
|
|
(1)
|
Dr. Niihara, a Director and the Chairman, and Chief Executive Officer of the Company, is also the Chief Executive Officer of Hope Hospice.
|
|
(4)
|
Mr. Zen, a Director of the Company, is the sole owner of Profit Preview International Group, Ltd.
|
|