| NOTES PAYABLE |
| | |
December 31, | | |
December 31, | |
| | |
2012 | | |
2011 | |
| | |
| | | |
| | |
| Legacy Investors, LLC | |
$ | 518,000 | | |
$ | 518,000 | |
| Maricopa Equity | |
| 100,000 | | |
| 100,000 | |
| International Card Establishment, Inc. | |
| 50,000 | | |
| 50,000 | |
| Other | |
| 375,000 | | |
| 375,000 | |
| Discount on notes | |
| (218,758 | ) | |
| (283,758 | ) |
| Total | |
$ | 824,242 | | |
$ | 759,242 | |
| Current portion | |
| (718,000 | ) | |
| (718,000 | ) |
| Long-term portion | |
$ | 106,242 | | |
$ | 41,242 | |
|