Quarterly report pursuant to sections 13 or 15(d)

NOTES PAYABLE, CONVERTIBLE OID - Shareholders (Tables)

v2.4.0.8
NOTES PAYABLE, CONVERTIBLE OID - Shareholders (Tables)
 9 Months Ended
Sep. 30, 2013
NOTES PAYABLE, CONVERTIBLE OID - Shareholders [Abstract]  
Schedule of Convertible OID Notes Payable to Shareholders

 

 

September 30, 2013

 

December 31, 2012

Notes Payable - Convertible

 

Principal

 

Conversion

to Common

Stock

 

Unamort

Discount

 

Principal,

Net of

Discount

 

Principal

 

Unamort

Discount

 

Principal,

Net of

Discount

Shareholder

 

$

68,750

 

 

(68,750

)

 

-

 

$

-

 

$

68,750

 

 

(10,171

)

$

58,579

Shareholder

 

 

13,750

 

 

(13,750

)

 

 

 

 

-

 

 

13,750

 

 

(2,787

)

 

10,963

 

 

$

82,500

 

 

(82,500

)

 

-

 

$

-

 

$

82,500

 

 

(12,958

)

$

69,542