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Note 2. Long-term Debt (Ananda): Schedule of Notes Payable (Tables)
3 Months Ended
Mar. 31, 2015
Schedule of Notes Payable

 

 

March 31,

December 31,

 

2015

2014

Note payable to an individual, bearing

 

 

interest at 5% per annum, unsecured,

 

 

principal and interest due February 5, 2016

-

$290,960

 

 

 

Note payable to an individual, bearing

 

 

interest at 5% per annum, unsecured,

 

 

principal and interest due April 6, 2017

-

10,000

 

 

 

Note payable to an individual, non-interest

 

 

bearing, unsecured and due on demand

-

3,500

 

 

 

Note payable to an individual, bearing

 

 

interest at 7% per annum, unsecured,

 

 

interest due quarterly and principal due

 

 

January 1, 2020

-

190,000

 

 

 

Note payable to a limited liability company,

 

 

bearing interest at 5% per annum, unsecured,

 

 

principal and interest due February 12, 2016

149,112

-

 

 

 

Note payable to a limited partnership,

 

 

bearing interest at 5% per annum, unsecured,

 

 

principal and interest due February 12, 2016

149,112

-

 

 

 

Note payable to a limited liability company,

 

 

bearing interest at 5% per annum, unsecured,

 

 

principal and interest due February 12, 2016

50,000

-

 

 

 

Note payable to a limited partnership,

 

 

bearing interest at 5% per annum, unsecured,

 

 

principal and interest due February 12, 2016

50,000

-

 

 

 

 

$398,224

$494,460

Reportable Segment (Ananda)  
Schedule of Notes Payable

 

Long-term debt is as follows:

 

 

 

 

 

 

March 31,

December 31,

 

2015

2014

 

 

 

Note payable

$377,851

$382,719

Less current portion

(19,848)

(19,574)

 

 

 

Long-term debt

$358,003

$363,145