Quarterly report pursuant to sections 13 or 15(d)

NOTE PAYABLE - Shareholder (Tables)

v2.4.0.8
NOTE PAYABLE - Shareholder (Tables)
9 Months Ended
Sep. 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 September 30, 2013 and December 31, 2012 consists of the following:

                     

 

 

September 30, 2013

 

December 31, 2012

Notes Payable

 

Principal

 

Interest*

     

Principal

 

Interest*

Shareholder

 

$

50,000

 

3.0%

 

$

50,000

 

3.0%

-------

*

interest rate per month