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NOTE 10 - NOTES PAYABLE - SHAREHOLDERS (Detail Narrative) (USD $)
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Sep. 30, 2012
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Jul. 15, 2012
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Jun. 28, 2012
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Apr. 13, 2012
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Mar. 06, 2012
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Jan. 11, 2012
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Dec. 31, 2011
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| Note 10 - Notes Payable - Shareholders Detail Narrative | |||||||
| Loans Payable - Shareholders | $ 122,495 | $ 25,000 | $ 35,000 | $ 25,000 | |||
| Interest rate | 3.00% | ||||||
| Term of Loan - in months | 12 months | ||||||
| Payments to Shareholders | 10,000 | ||||||
| Balance on Notes payable | 50,000 | 190,401 | |||||
| Prepaid Interest | 450 | ||||||
| Convertible Note | 137,500 | 137,500 | |||||
| Secured convertible note | 165,000 | ||||||
| Term of note | 24 months | 12 months | |||||
| Amortization (quarterly amount) | 3,438 | ||||||
| Discount | 27,500 | ||||||
| Balance due on notes payable to shareholders | $ 190,401 | $ 0 |
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- Definition
No authoritative reference available. No definition available.
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- Definition
No authoritative reference available. No definition available.
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- Definition
No authoritative reference available. No definition available.
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- Details
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- Definition
No authoritative reference available. No definition available.
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- Definition
No authoritative reference available. No definition available.
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- Definition
No authoritative reference available. No definition available.
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- Definition
The portion of the carrying value of long-term convertible debt as of the balance sheet date that is scheduled to be repaid within one year or in the normal operating cycle if longer. Convertible debt is a financial instrument which can be exchanged for a specified amount of another security, typically the entity's common stock, at the option of the issuer or the holder. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The value of the financial instrument(s) that the original debt is being converted into in a noncash (or part noncash) transaction. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or cash payments in the period. No definition available.
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- Definition
Carrying value as of the balance sheet date of portion of long-term loans payable due within one year or the operating cycle if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount for notes payable (written promise to pay), due to related parties. For classified balance sheets, used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer); for unclassified balance sheets, used to reflect the total liabilities (regardless of due date). No definition available.
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- Definition
Carrying amount as of the balance sheet date of interest payments made in advance of the payment period; such amounts will be charged against earnings within one year or the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The portion of the carrying amount of short-term borrowings outstanding as of the balance sheet date which accrues interest at a set, unchanging rate. No definition available.
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