6% SENIOR CONVERTIBLE NOTES (Tables)

3 Months Ended

Mar. 31, 2013

Debt Disclosure [Abstract]

Convertible notes summarized

6% Notes – principal & interest	$	1,863,099
Debt discount related to conversion feature		(785,459	)
Balance as of December 31, 2012		1,077,640
Principal converted into common stock during Q1 2013		(483,500	)
Accrued interest converted into common stock during Q1 2013		(1,775	)
Accrued and unpaid interest - Q1 2013		22,790
Debt discount amortized as interest expense		(339,038	)
6% Notes – principal & interest		1,400,614
Debt discount related to conversion feature		(446,421	)
Balance as of March 31, 2013

	Amount Converted		Shares Received
W-Net Fund I, LP	$	353,500		50,500,000
Europa International, Inc		70,000		10,000,000
Forglen, LLC		51,775		7,396,477
Carla Badaracco		10,000		1,428,571
	$	485,275		69,325,048