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Long-Term Debt
6 Months Ended
Jun. 30, 2011
Notes to Financial Statements  
NOTE 6 - Long-Term Debt

Long-term debt consists of the following:

 

June 30,

2011

 

December 31,

2010

 
  (Unaudited)      
         
Note payable, due November 22, 2012,        
bearing interest at 5% per annum   $ 25,000     $ 25,000  
                 
Note payable, due January 10, 2013,                
bearing interest at 5% per annum     50,000       -  
    $ 75,000     $ 25,000  
Less: Current Portion     (25,000 )     -  
    $ 50,000     $ 25,000