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NOTE PAYABLES (Tables)
6 Months Ended
Jun. 30, 2013
Note Payables Tables  
Notes payable
   

June 30,

2013

   

December 31,

2012

 
                 
Revolving line of credit of $3,000,000 from US Bank, dated April 9, 2009, as amended July 15, 2010, May 25, 2011, August 22, 2012, and April 29, 2013 at an interest rate of 3.0% plus the one-month LIBOR quoted by US Bank from Reuters Screen LIBOR. The line of credit matures May 15, 2014 and is secured by 80% of the eligible receivables and 50% of the eligible inventory (such inventory amount not to exceed 50% of the borrowing base) of NDS Nutrition Products, Inc. The Company pays interest only on this line of credit.   $

 

437,089

    $ 437,089  
                 
Total of notes payable and advances     437,089       437,089  
Less current portion    

 

(437,089)

      (437,089 )
                 
Long-term portion   $ -     $ -