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Note 8 - Long-term Debt: Schedule of Long-term Debt (Tables)
12 Months Ended
Dec. 31, 2014
Tables/Schedules  
Schedule of Long-term Debt

 

 

2014

2013

 

 

 

Note payable to an individual due July 20, 2016, interest at 14%

 $30,000

 $30,000

Less discount

(3,240)

(6,915)

Net

26,760

23,085

Current portion

22,598

13,979

Long-term portion

4,162

9,106

Long-term convertible debentures, net of discount from Note 4

5,638

 -

 

 

 

Long-term debt

$9,800

$9,106