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Note 7 - Long-term Debt: Schedule of Long-Term Debt (Tables)
12 Months Ended
Dec. 31, 2013
Tables/Schedules  
Schedule of Long-Term Debt

 

 

 

2013

2012

 

 

 

 

 

Note payable to an individual due

   July 20, 2016, interest at 14%

$30,000

$30,000

 

Note payable to an individual due

   July 20, 2016, interest at 14%

-

30,000

 

Note payable to an individual due

   July 20, 2016, interest at 14%

-

30,000

 

Note payable to an individual due

   April 14, 2015, interest at 14%

-

40,000

 

Total

30,000

130,000

 

Less discount

(6,915)

(42,049)

 

Net

23,085

87,951

 

Current portion

13,979

45,189

 

 

 

 

 

Long-term portion

$9,106

$42,762