NOTES PAYABLE - RELATED PARTIES

3 Months Ended

Mar. 31, 2013

Notes to Financial Statements

9. NOTES PAYABLE - RELATED PARTIES

Related party notes payables are due to PAC (Public Acquisition Company (a wholly owned business of Kenneth McCleave and Daniel Hefner), Nimble Boat Works (a wholly owned business of Kenneth McCleave), and Daniel L. Hefner (President and Chief Executive Officer of AFGP) for cash advances made to AFGP.

	March 31, 2013		December 31, 2012
Eight notes payable Due to PAC, dated May 14, 2004, through December 2012, interest rates at 10% and 8%, principle and interest due on demand	$	402,320	$	402,320
Note Payable to ICF, interest rate at 8%, payable on demand		7,000		7,000
Two notes payable to Due to Nimble Boat Works, interest rate at 8% payable on demand		9,275		9,275
Three notes to Due to Dan Hefner, interest rate at 8%, payable on demand		40,526		63,458
Three notes to Due to Kenneth McCleave, interest rate at 8%, payable on demand		10,178		10,178
Total other long-term payables	$	469,299	$	492,231

Interest accrued on the above loans is $313,134 and $302,619 at March 31, 2013 and December 31, 2012, respectively.