CONVERTIBLE PROMISSORY NOTES

6 Months Ended

Jun. 30, 2018

	June 30,			December 31,
	2018			2017
Convertible Note - September 2017	$	30,768		$	30,768
Convertible Note - October 2017		5,977			5,977
Convertible Note - December 2017		6,015			6,015
Convertible Note - June 2018		26,134			-
		68,894			42,760
Less current portion of convertible notes payable		(68,894	)		(42,760	)
Long-term convertible notes payable	$	-		$	-

On September 30, 2017, the Company issued three convertible promissory notes for a total of $30,768 to non-related parties for payment made to vendors for operating expenses on behalf of the Company. The convertible promissory notes are unsecured, bear interest at 35%, are due on demand, and are convertible at $0.005 per share.

On October 27, 2017, the Company issued a convertible promissory note of $5,977 to a non-related party for an advancement to the Company. The convertible promissory note is unsecured, bears interest at 50%, is due on demand, and is convertible at $0.005 per share.

On December 31, 2017, the Company issued a convertible promissory note of $6,015 to a non-related party for payment made to vendors for operating expense on behalf of the Company. The convertible promissory note is unsecured, bears interest at 50%, is due on demand, and is convertible at $0.005 per share.

On June 30, 2018, the Company issued a convertible promissory note of $26,134 to a non-related party for payment made to vendors for operating expense on behalf of the Company. The convertible promissory note is unsecured, bears interest at 50%, is due on demand, and is convertible at $0.005 per share.

During the year ended December 31, 2017, the Company recognized amortization of discount, included in interest expense, of $42,760.

During the six months ended June 30 2018, the Company recognized amortization of discount, included in interest expense, of $26,134.

As of June 30, 2018, the accrued interest related to these convertible notes was $11,721.

Phoenix Apps Inc. 10-Q