7. NOTES PAYABLE (Tables)

3 Months Ended

Mar. 31, 2013

Notes Payable Tables

Schedule of notes payable

Note	3/31/2013			12/31/2012
Great 8 Lease note (original)	$	-		$	211,494
11/14/11 Promissory Note		465,579			120,239
1/30/12 Promissory Note		150,000			150,000
8/12/12 Promissory Note		744,577			746,071
Converse Lease note		-			258,368
11/28/12 Promissory Note		110,000			110,000
12/11/12 Promissory Note		-			37,120
Great 8 Lease note (new lender)		300,000			-
Loan on Belize property		30,245			14,435
Equipment Loan		13,001			13,001
Belize 5% NRI		45,000			-
Total Debt Outstanding		1,858,402			1,660,728
Debt Discount		(94,614	)		(111,816	)
Net Debt Outstanding	$	1,763,788		$	1,548,912