XML 31 R40.htm IDEA: XBRL DOCUMENT v2.4.0.8
Note 7 - Short-term Borrowings: Short term borrowings (Tables)
12 Months Ended
Dec. 31, 2013
Tables/Schedules  
Short term borrowings

 

 

December 31, 2013

December 31, 2012

Note payable to a bank at interest rate of 4.95%. The line matures in November 2014.

$  145,648

$  140,868

Note payable to an unrelated party bearing interest at 2.5%. The note is guaranteed by officer of the Company and due on demand.

0

23,478

Separate note payable to an unrelated party bearing interest at 2.5%. The note is guaranteed by officer of the Company and due on demand.

0

20,661

Total short-term borrowings

$  145,648

$  185,007