As of

December 31,

2013

2012

Notes Payable - Convertible

Principal

Conversion

to

Common

Stock

Principal,

Net of

Discount

Principal

Unamort

Disc

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