10. Line of Credit

12 Months Ended

Dec. 31, 2012

Line of Credit Facility [Abstract]

Line of Credit

Note 10 – Line of Credit

Lines of credit consisted of the following at December 31, 2012 and 2011, respectively:

	December 31,			December 31,
	2012			2011
Line of credit of $50,000 from PNC bank, originating on February 16, 2012. The outstanding balance on the line of credit bears interest at an introductory rate of 4.25% for the first year, subject to renewal thereafter. Payments of $739 are due monthly.	$	49,606		$	–
Line of credit of $20,000 from US Bank, originating on June 8, 2012. The outstanding balance on the line of credit bears interest at 9.75%, maturing on June 5, 2019. Payments of $500 are due monthly.		19,641			–
Line of credit of $40,000 from Dell Business Credit available for the purchase of Dell products, such as computer and software equipment. The outstanding balance on the line of credit bears interest at a rate of 26.99%. Variable payments are due monthly.		7,800			–
Total line of credit		77,047			–
Less: current portion		(77,047	)		–
Line of credit, less current portion	$	–		$	–