Quarterly report pursuant to Section 13 or 15(d)

Term Loans (Tables)

v3.7.0.1
Term Loans (Tables)
6 Months Ended
Jun. 30, 2017
Bank Debt/Term Loans [Abstract]  
Schedule of term loans
  June 30,     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  
                 
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 $29     -       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 $1,130 and $3,136, respectively     3,321       1,900  
                 
Senior secured convertible note, JGB (Cayman) Concord Ltd., bearing interest at 4.67%, maturing in May 2019, net of debt discount of $10 and $1,668, respectively     231       2,080  
                 
Senior secured note, JGB (Cayman) Waltham Ltd., bearing interest at 4.67%, maturing in May 2019, net of debt discount of $28 and $234, respectively     475       358  
                 
4.67% convertible note, MEF I, L.P., unsecured, maturing in May 2019, net of debt discount of $86     446       -  
                 
6% senior convertible term promissory note, unsecured, Dominion Capital. maturing January 31, 2018, net of debt discount of $19     51       -  
                 
12% senior convertible note, unsecured, Dominion Capital, maturing in November 2017, net of debt discount of $27 and $65, respectively     513       475  
                 
Receivables Purchase Agreement with Dominion Capital, net of debt discount of $0 and $44, respectively     -       430  
                 
Promissory note issued to Trinity Hall, 3% interest, unsecured, maturing in January 2018     500       500  
                 
2.5% convertible promissory note, RDW Capital LLC, maturing in April 2018, net of debt discount of $19     81       -  
                 
Promissory notes issued to Forward Investments, LLC, between 2% and 10% interest, matured on July 1, 2016, unsecured     1,421       4,235  
                 
Promissory notes issued to Forward Investments, LLC, 3% interest, maturing on January 1, 2018, unsecured, net of debt discount of $457 and $860, respectively     3,916       3,513  
                 
Promissory notes issued to Forward Investments, LLC, 6.5% interest, matured on July 1, 2016, unsecured     390       390  
                 
Former owner of IPC, unsecured, 8% interest, matured on May 30, 2016, due on demand     5,755       5,755  
                 
Former owner of IPC, unsecured, 15% interest, due on demand     75       75  
      32,920       36,975  
Less: Current portion of term loans     (30,551 )     (30,742 )
                 
Long-term portion term loans, net of debt discount   $ 2,369     $ 6,233