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Loans Payable
6 Months Ended
Jun. 30, 2014
Loans Payable [Abstract]  
Loans payable
NOTE E – LOANS PAYABLE
 
The loans payable consists of borrowings from two notes. The terms of the promissory notes are one year and bear interest at an annual rate of 6% and are unsecured. The notes may be repaid at any time prior to its due date without a prepayment penalty. Of the notes, $1,130,799 are in default at June 30, 2014 and $85,000 are due March 31, 2015.
 
At December 31, 2013, one of the note holders agreed to assume the amounts due from the Korea-based service provider, up to $150,000. As such, the Company reduced the note by $708 and $138,897 at June 30, 2014 and December 31, 2013, respectively.
 
During the six months ended June 30, 2014, the Company received proceeds of $85,000 and repaid $28,896.