Convertible Notes (Tables)

9 Months Ended

Oct. 31, 2012

Convertible Notes

The Company’s convertible notes consisted of the following:

	October 31,		January 31,
	2012		2012
10% Senior Subordinated Convertible Notes due January 31, 2016, net of debt discount of $363,712 ( October 31, 2012) and $653,026 (January 31, 2012)	$	886,288	$	596,366
8% Senior Subordinated Convertible Notes due February 1, 2015		150,000		150,000
Total Convertible Notes		1,036,288		746,366
Less: Current Portion		-		596,366
Long Term Portion	$	1,036,288	$	150,000