NOTES PAYABLE, RELATED PARTIES

3 Months Ended

Mar. 31, 2012

Notes Payable, Related Parties [Abstract]

Notes Payable, Related Parties

Note 10 - Notes Payable, Related Parties

Notes payable, related parties consist of the following at March 31, 2012 and December 31, 2011, respectively:

	March 31,		December 31,
	2012		2011
Various unsecured promissory notes carrying a 15% interest rate, due on demand from the Company's CEO.	$	78,092	$	61,513
Unsecured promissory note payable owed to an immediate family member of the Company's CEO carries a 15% interest rate, matured on July 31, 2007. Currently in default.		34,700		34,700
Unsecured promissory note payable owed to a Company owned by an immediate family member of the Company's CEO carries a 15% interest rate, matured on July 31, 2007. Currently in default.		12,085		12,085
Secured promissory note originated on June 4, 2008 due to Star Financial Corporation, which is owned by Fay Passley, the mother of the Company's CEO, Shaun Passley, which has since been amended. The loan bears interest at 10%. In April 2010, Star Financial, agreed to modify the repayment terms of the June 2008 Note (as defined above), to provide for $100,000 to be due on August 1, 2011, $100,000 to be due on August 1, 2012, and the remaining balance of the June 2008 Note to be due on August 1, 2013 in return for junior lien on the Company's assets. Currently in default.		296,103		296,103
Total notes payable, related parties		420,981		404,401
Less: current portion		420,981		404,401
Notes payable, related parties, less current portion	$	-	$	-

The Company recorded interest expense on notes payable to related parties in the amounts of $13,449 and $10,500 during the three months ended March 31, 2012 and 2011, respectively.