Note 2 - Summary of Significant Accounting Policies: Fair Value of Financial Instruments: Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis (Tables)

12 Months Ended

Dec. 31, 2014

Tables/Schedules

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis

Assets and liabilities measured at fair value on a recurring basis are as follows at December 31, 2014 and 2013:

	Total	Level 1	Level 2	Level 3
December 31, 2014:
Derivative liability	$2,718,652	$-	$-	$2,718,652
Convertible debentures	1,359,680	-	-	1,359,680
Current portion of long-term debt	22,598	-	-	22,598
Long-term debt	9,800	-	-	9,800
Total liabilities measured at fair value	$4,110,730	$-	$-	$4,110,730
December 31, 2013:
Derivative liability	$2,104,849	$-	$-	$2,104,849
Convertible debentures	592,095	-	-	592,095
Current portion of long-term debt	13,979	-	-	13,979
Long-term debt	9,106	-	-	9,106
Total liabilities measured at fair value	$2,720,029	$-	$-	$2,720,029