Quarterly report pursuant to sections 13 or 15(d)

NOTE PAYABLE - LINE OF CREDIT

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NOTE PAYABLE - LINE OF CREDIT
6 Months Ended
Jun. 30, 2013
NOTE PAYABLE - LINE OF CREDIT [Abstract]  
NOTE PAYABLE - LINE OF CREDIT

NOTE 11 - NOTE PAYABLE - LINE OF CREDIT


The Company has a line of credit with Wells Fargo Bank. The line of credit provides for borrowings up to $40,000. The balance as of June 30, 2013 and December 31, 2012 was $34,291 and $37,028, respectively. The interest rate is the Prime Rate plus 3%. The CEO of the Company is the personal guarantor. The line of credit is due on demand with an expiration date of April 30, 2014.