9. LONG TERM DEBT (Tables)

3 Months Ended

Mar. 31, 2014

Long Term Debt Tables

Non-interest bearing loan repayment

The repayment schedule is as follows:

Amount Due (in CDN funds)		Payment Due Date
$	182,160	December  31, 2014
$	182,160	December  31, 2015

Interest loan Repayment

The Company has committed to the following repayments:

2013	$	128,867
2014	$	71,593

Outstanding balance loan

As of March 31, 2014, the Company was in compliance with all loan covenants.

	March 31, 2014			December 31, 2013
Continuity
Balance, beginning of period	$	1,297,830			1,726,050
Less:  Payments on loan		31,804			307,833
Effect of exchange rate		(49,089	)		(120,387	)
Balance, end of period	$	1,216,937		$	1,297,830

Outstanding balance at:
a)Long term debt – AAFC	$	329,564		$	342,534
b)Long term debt – AFSC		887,373			955,296
Long term debt	$	1,216,937		$	1,297,830
Less: current portion		(294,612	)		(304,556	)
Balance	$	922,325		$	993,274