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PROMISSORY NOTE
9 Months Ended
Jun. 30, 2011
Notes to Financial Statements  
PROMISSORY NOTE

5.    PROMISSORY NOTE

 

During the year ended September 30, 2009, the Company converted an account payable to a promissory note in the amount of $456,921. The note accrues interest at 10% per annum. The note, including all principal and interest is due September 1, 2011. The interest expense for the nine months ended June 30, 2011 and 2010 was $34,269 for both years.