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(15) Non-cash Investing and Financing Activities
3 Months Ended
Mar. 31, 2013
Notes  
(15) Non-cash Investing and Financing Activities

 (15)        Non-Cash Investing and Financing Activities

 

Following is analysis of non-cash investing and financing activities during the three months ended March 31, 2013 and 2012, and for the period from inception, October 1, 2010, to March 31, 2013:

 

 

Three Months Ended March 31, 2013

Three Months Ended March 31, 2012

Inception, October 1, 2010 to March 31, 2013

Debt discount associated with long-term debt issuance

-

$7,467

37,190

 

 

 

 

Debt discount associated with derivative liability in accounts payable

50,301

-

50,301