Quarterly report pursuant to Section 13 or 15(d)

Term Loans (Tables)

v3.7.0.1
Term Loans (Tables)
3 Months Ended
Mar. 31, 2017
Bank Debt/Term Loans [Abstract]  
Schedule of term loans

    March 31,     December 31,  
    2017     2016  
Former owners of RM Leasing, unsecured, non-interest bearing, due on demand   $ 2     $ 2  
                 
Promissory note with company under common ownership by former owner of Tropical, 9.75% interest, monthly payments of interest only of $1, unsecured and personally guaranteed by officer, matured in November 2016     106       106  
                 
8% convertible promissory note, London Bay - VL Holding Company, LLC, unsecured, maturing October 2017     7,408       7,408  
                 
8% convertible promissory note, WV VL Holding Corp., unsecured, maturing October 2017     7,003       7,003  
                 
8% convertible promissory note, Tim Hannibal, unsecured, maturing October 2017     1,215       1,215  
                 
12% senior convertible note, unsecured, Dominion Capital, matured in January 2017, net of debt discount of $28     -       1,170  
                 
12% convertible note, Richard Smithline, unsecured, matured in January 2017, net of debt discount of $0 and $2, respectively     117       360  
                 
Senior secured convertible debenture, JGB (Cayman) Waltham Ltd., bearing interest of 4.67%, maturing in May 2019, net of debt discount of $1,281 and $3,136, respectively     3,170       1,900  
                 
Senior secured convertible note, JGB (Cayman) Concord Ltd., bearing interest at 4.67%, maturing in May 2019, net of debt discount of $86 and $1,668, respectively     155       2,080  
                 
Senior secured note, JGB (Cayman) Waltham Ltd., bearing interest at 4.67%, maturing in May 2019, net of debt discount of $54 and $234, respectively     449       358  
                 
4.67% convertible note, MEF I, L.P., unsecured, maturing in May 2019, net of debt discount of $97     435       -  
                 
6% senior convertible term promissory note, unsecured,  Dominion Capital, maturing January 31, 2018, net of debt discount of $30     40       -  
                 
12% senior convertible note, unsecured, Dominion Capital, maturing in November 2017, net of debt discount of $47 and $65, respectively     493       475  
                 
Receivables Purchase Agreement with Dominion Capital, net of debt discount of $5 and $44, respectively     47       430  
                 
Promissory note issued to Trinity Hall, 3% interest, unsecured, maturing in January 2018     500       500  
      21,140       23,007  
Less: Current portion of term loans     (18,931 )     (21,147 )
                 
Long-term portion term loans, net of debt discount   $ 2,209     $ 1,860