Quarterly report pursuant to sections 13 or 15(d)

NOTE PAYABLE - Shareholder (Tables)

v2.4.0.8
NOTE PAYABLE - Shareholder (Tables)
6 Months Ended
Jun. 30, 2013
NOTE PAYABLE - Shareholder [Abstract]  
Schedule of Notes Payables to Shareholders, Current

The Company's notes payable to shareholder classified as current liability at June 30, 2013 and December 31, 2012 consists of the following:


                                 

 

 

June 30,

2013

 

 

December 31,

2012

 

Note Payable

 

Principal

 

 

Interest*

 

 

Principal

 

 

Interest*

 

Shareholder

 

$

50,000

 

 

 

3.0

%

 

$

50,000

 

 

 

3.0

%