XML 63 R23.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONVERTIBLE NOTES PAYABLE AND NOTES PAYABLE (Tables)
3 Months Ended
Mar. 31, 2013
Debt Disclosure [Abstract]  
Convertible Notes Payable as of March 31, 2013 and December 31, 2012
 Issue Date   Maturity Date   March 31, 2013     December 31, 2012     Interest Rate    

Conversion

Rate

 
Convertible notes payable:                        
February 17, 2012   February 17, 2013 $ --   $ 7,500     6.00 %   0.004  
April 5, 2012   April 5, 2013    15,000     15,000     6.00 %   0.005  
July 16, 2012   July 16, 2013   5,000     5,000     6.00 %   0.005  
October 31, 2012   April 30, 2013   8,000     8,000     6.00 %   0.004  
November 20, 2012   May 20, 2013   43,845     36,003     6.00 %   0.005  
December 20, 2012   June 20, 2013   20,000     20,000     6.00 %   0.004  
January 11, 2013   July 11, 2013   6,343     --     6.00 %   0.004  
January 19, 2013   July 30, 2013   679     --     6.00 %   0.004  
January 28, 2013   January 28, 2014   380     --     6.00 %   0.005  
January 28, 2013   January 28, 2014   380     --     6.00 %   0.005  
February 11, 2013   August 11, 2013   194     --     6.00 %   0.006  
       99,821        91,503                  
                                     
Convertible notes payable– related parties :                                
January 7, 2013   June 30, 2013 $ 5,031   $ --     6.00 %   0.004  
January 19, 2013   July 30, 2013    2,036     --     6.00 %   0.004  
February 7, 2013   August 7, 2013   464     --     6.00 %   0.005  
March 6, 2013   September 6, 2013   495     --     6.00 %   0.015  
       8,026        --                  
                                 
Convertible notes payable, in default :                                
August 28, 2009   November 1, 2009     4,300       4,300       10.00 %   $ 0.0150  
April 7, 2010   November 7, 2010     70,000       70,000       6.00 %   $ 0.0080  
November 12, 2010   November 12, 2011     40,000       40,000       6.00 %   $ 0.0080  
February 17, 2012   February 17, 2013   7,500     --     6.00 %   0.004  
November 9, 2011   December 31, 2012     35,000       35,000     6.00 %   0.004  
          156,800       149,300                  
                                     
Convertible notes payable – related parties, in default:                          
January 9, 2009   January 9, 2010     10,000       10,000       10.00 %   $ 0.0150  
January 25, 2010   January 25, 2011     6,000       6,000       6.00 %   $ 0.0050  
January 18, 2012   July 18, 2012     50,000       50,000       8.00 %   $ 0.004  
          66,000       66,000                  
                                     
        $ 330,647     $ 306,803                  
Allocation of Purchases, Convertible Note Issued on November 13, 2012
    $50,000  
Convertible Note   Face Value  
Proceeds   $ 50,000  
Paid-in capital (beneficial conversion feature)     (2,000 )
Paid-in capital (warrants)     (14,286 )
Carrying value   $ 33,714  
Allocation of Purchases, Convertible Notes Issued between January 7, 2013 and March 6, 2013
    $134,500  
Convertible Note   Face Value  
Proceeds   $ 134,500  
Paid-in capital (beneficial conversion feature)     (126,000 )
Carrying value   $ 8,500  
Notes Payable as of March 31, 2013 and December 31, 2012

 

Issue Date

Maturity Date   March 31, 2013     December 31, 2012     Interest Rate  
Notes payable, in default –related parties:                  
February 24, 2010 February 24, 2011    $ 7,500      $ 7,500       6.00 %
                           
Notes payable, in default:                  
June 23, 2011 August 23, 2011     25,000       25,000       6.00 %
April 27, 2011 April 27, 2012     5,000       5,000       6.00 %
        30,000       30,000          
                           
      $ 37,500     $ 37,500