Red Cat Holdings, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Cover
- Document and Entity Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- Note 2 - Significant Accounting Policies (Policies)
Notes Tables
Notes Details

Note 8 - Notes Payable: Schedule of Notes Payable (Details)

v3.3.0.814

Note 8 - Notes Payable: Schedule of Notes Payable (Details) - USD ($)	9 Months Ended
	Sep. 30, 2015	Dec. 31, 2014	Mar. 31, 2014
Stated Interest Rate			8.00%
Notes payable - related party	$ 128,116	$ 83,294
Notes payable - current portion	110,942	135,000
Total Notes Payable	239,058	218,294
Long Term Notes Payable	0	0
Accrued interest on these notes totaled	$ 0	0
5% Convertible Note 1
Debt Instrument, Convertible, Conversion Price	$ 0.3
Convertible Notes Payable	$ 7,500	0
5% Convertible Note 2
Debt Instrument, Convertible, Conversion Price	$ 0.3
Convertible Notes Payable	$ 7,500	0
Related Party 1
Stated Interest Rate	0.00%
Notes payable - related party	$ 87,669	83,294
Dr. Tommie J. Morgan
Stated Interest Rate	4.00%
Debt Instrument, Convertible, Terms of Conversion Feature	This note is convertible into 270,000 shares of common stock a related party
Notes payable - current portion	$ 0	135,000
Related Party 2
Stated Interest Rate	0.00%
Notes payable - related party	$ 40,447	0
Related Party 3
Stated Interest Rate	0.00%
Notes payable - related party	$ 95,942	$ 0

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Including the current and noncurrent portions, carrying value as of the balance sheet date of a written promise to pay a note, initially due after one year or beyond the operating cycle if longer, which can be exchanged for a specified amount of one or more securities (typically common stock), at the option of the issuer or the holder.

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