XML 30 R19.htm IDEA: XBRL DOCUMENT v2.4.0.6
Notes Payable and Capital Lease (Details) (USD $)
6 Months Ended
Jun. 30, 2012
Dec. 31, 2011
Total notes payable and capital lease $ 236,173 $ 197,882
Less: Unamortized debt discount on convertible note (10,766) (38,791)
Total notes payable and capital lease net of debt discount 225,407 159,091
Less: current maturities, net of unamortized debt discount (225,407) (155,193)
Notes payable and capital lease - Long-term    3,898
12 % Line of Credit,secured by assets, signed by related party
   
Note payable, stated interest rate 12.00%  
Maturity Date, description Due on demand after 06/30/2013  
Total notes payable and capital lease 76,213  
12 % Line of Credit, secured by assets
   
Note payable, stated interest rate 12.00%  
Maturity Date, description Due on demand after 06/30/2013  
Total notes payable and capital lease 5,000  
18% installment note, secured by equipment
   
Note payable, stated interest rate 18.00%  
Maturity Date Dec. 31, 2013  
Total notes payable and capital lease 26,885  
14% installment note, secured by equipment
   
Note payable, stated interest rate 14.00%  
Maturity Date Jul. 01, 2014  
Total notes payable and capital lease 22,371  
12% promissory notes payable to individual
   
Note payable, stated interest rate 12.00% 12.00%
Maturity Date Apr. 22, 2011  
Total notes payable and capital lease 50,000 [1] 50,000 [1]
15% promissory note payable to individual
   
Note payable, stated interest rate 15.00% 15.00%
Maturity Date, description Due on demand, in default  
Total notes payable and capital lease 17,000 17,000
7.5% promissory note with bank
   
Note payable, stated interest rate 7.50% 7.50%
Total notes payable and capital lease    75,000
20.6% installment note, secured by equipment
   
Note payable, stated interest rate 20.00% 20.60%
Maturity Date Dec. 31, 2012  
Total notes payable and capital lease 8,204 13,382
8% convertible note, unsecured
   
Note payable, stated interest rate 80.00% 8.00%
Maturity Date Sep. 07, 2012  
Total notes payable and capital lease $ 30,500 $ 42,500
[1] ** The 12% promissory notes were originally due April 22, 2011 but on May 19th, 2011 the repayment of principal was postponed until 5 days after the sale of the Hutchins facility. Interest continues to accrue.