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Note 6 - Notes Payable: Schedule of Debt (Tables)
6 Months Ended
Jun. 30, 2014
Tables/Schedules  
Schedule of Debt

 

           

June 30, 2014

December 31, 2013

Convertible notes payable to SV, non-interest bearing, payable September 30, 2012, currently in default

$         500,000

$         500,000

Convertible note payable to SV, non-interest bearing, payable September 30, 2012, currently in default

413,223

413,223

Note payable to Pinnacle, non-interest bearing, payable in scheduled monthly payments ranging from $15,000 to $30,000 through August 2012, currently in default

190,000

190,000

Convertible note payable to Pinnacle, non-interest bearing, payable October 31, 2013, currently in default

250,000

250,000

Note payable to an equipment supplier, extinguished in 2014

-

175,457

Convertible notes payable to an institutional investor, net of discount, repaid in 2014

-

32,444

 

 

 

 

$      1,353,223

$      1,561,124