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9. NOTE PAYABLE, RELATED PARTY	9 Months Ended
Sep. 30, 2013
Notes to Financial Statements
9. NOTE PAYABLE, RELATED PARTY	On November 15, 2012, the Company entered into a 6% Convertible Revolving Credit Note (the “Note”), with a related party, for $225,000 due on or before February 15, 2014, bearing an interest rate of 6% per annum. Interest shall accrue and be added to the principal amount of the Note at the Maturity Date. The Note may be repaid, in whole or in part, without penalty with five days prior written notice. At any time subsequent to 30 days after the Maturity Date, the outstanding principal amount and any accrued and unpaid interest is convertible in to Common Stock at a conversion price of the lower of $0.01 per share or the average of the bid prices for the Common Stock of the Company for the 15 trading days prior to the notice of conversion. At September 30, 2013 and December 31, 2012, the accrued interest on the above note was $11,758 and $1,479, respectively. On September 30, 2013, the Company entered into a Secured Promissory Note (the “Secured Note”) with a related party for $200,000 due on or before January 1, 2015, bearing interest at a rate of 1.5% per month. Interest shall accrue and be added to the principal amount of the Secured Note. The related party will also be paid an establishment fee of 2.0%. The Secured Note is secured by a General Security Agreement.

9. NOTE PAYABLE, RELATED PARTY

9 Months Ended

Sep. 30, 2013

On November 15, 2012, the Company entered into a 6% Convertible Revolving Credit Note (the “Note”), with a related party, for $225,000 due on or before February 15, 2014, bearing an interest rate of 6% per annum. Interest shall accrue and be added to the principal amount of the Note at the Maturity Date. The Note may be repaid, in whole or in part, without penalty with five days prior written notice. At any time subsequent to 30 days after the Maturity Date, the outstanding principal amount and any accrued and unpaid interest is convertible in to Common Stock at a conversion price of the lower of $0.01 per share or the average of the bid prices for the Common Stock of the Company for the 15 trading days prior to the notice of conversion.

At September 30, 2013 and December 31, 2012, the accrued interest on the above note was $11,758 and $1,479, respectively.

On September 30, 2013, the Company entered into a Secured Promissory Note (the “Secured Note”) with a related party for $200,000 due on or before January 1, 2015, bearing interest at a rate of 1.5% per month. Interest shall accrue and be added to the principal amount of the Secured Note. The related party will also be paid an establishment fee of 2.0%. The Secured Note is secured by a General Security Agreement.