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Note 8 - Long-term Debt (Tables)
12 Months Ended
Dec. 31, 2015
Tables/Schedules  
Schedule of Long-term Debt

Our long-term debt consisted of the following at December 31:

 

 

2015

2014

 

 

 

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

$30,000

$30,000

Less discount

(591)

(3,240)

Net

29,409

26,760

Current portion

29,409

22,598

Long-term portion

-

4,162

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

62,361

5,638

 

 

 

Long-term debt

$62,361

$9,800