| Notes Payable |
| Notes payable consisted of the following: | |
| |
|
| | |
September 30,
2013 | |
December 31,
2012 |
| Notes payable, issued on May 6, 2011, unsecured, interest at 10% per annum, due on demand. | |
| 59,500 | | |
| 59,500 | |
| Notes payable, issued on August 25, 2010, unsecured, interest at 10% per annum due on demand. | |
| 172,500 | | |
| 172,500 | |
| Notes payable issued on May 25, 2012, secured, interest at 6%per annum, due on November 14, 2012, is in default (1) | |
| — | | |
| 50,000 | |
| Notes payable issued on January 28, 2012 to individual, unsecured, interest included, due on demand (2) | |
| — | | |
| 610,000 | |
| Notes payable issued on October 18, 2010 to individual, unsecured, interest at 15% per annum, due on demand (3) | |
| 786,300 | | |
| 786,300 | |
| | |
| | | |
| | |
| Notes payable issued on July 1, 2013 to company, unsecured, interest at 8% per annum, due on demand | |
| 24,272 | | |
| — | |
| Total notes payable | |
| 1,042,572 | | |
| 1,678,300 | |
| Less: current portion | |
| (1,042,572 | ) | |
| (1,678,300 | ) |
| Long-term notes payable | |
$ | — | | |
$ | — | |
| Maturities of notes payable are as follows: | |
| | | |
| | |
Year Ending September 30, | |
| | | |
| Amount | |
| 2014 | |
| | | |
$ | 1,042,572 | |
Total | |
| | | |
$ | 1,042,572 | |
|