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)
6 Months Ended
Jun. 30, 2013
NOTES PAYABLE, CONVERTIBLE OID - Shareholders [Abstract]  
Schedule of Convertible OID Notes Payable to Shareholders


                                                         

 

 

June 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

 

 

 

 

 

 

 

-

 

 

$

68,750

 

 

$

82,500

 

 

$

(12,958

)

 

$

69,542