NOTES PAYABLE

3 Months Ended

Mar. 31, 2013

Payables and Accruals [Abstract]

NOTES PAYABLE

NOTE 8. NOTES PAYABLE

	September 30,  2012		March  31, 2013
Bio Technology Partners Business Trust		44,500		44,500
Venture Bridge Advisors		72,000		72,000
David Koos (Note 7)		520		68,450
Sherman Family Trust		700,000		295,000
Notes payable	$	817,020	$	479,950

Both of Bio-Technology Partners Business Trust and Venture Bridge Advisors have provided lines of credit to the Company in the amount of $700,000 each or so much thereof as may be disbursed to, or for the benefit of the Company by Lender in Lender's sole and absolute discretion. The unpaid principal of these lines of credit bear simple interest at the rate of ten percent per annum. Interest is calculated based on the principal balance as may be adjusted from time to time to reflect additional advances or payments made hereunder. Principal balance and accrued interest shall become due and payable in whole or in part at the demand of the Lender.

All loans to the Company made by David R. Koos are due and payable at the demand of Koos and bear simple interest at a rate of 15% per annum.

$295,000  due to  Sherman Family Trust consists of  all rights to and interest in salaries accrued and unpaid due to David Koos. $295,000 due to  Sherman Family Trust bears no interest and is payable in whole or in part at the demand of the Holder.