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Note 5 - Notes Receivable	3 Months Ended
Sep. 30, 2014
Notes
Note 5 - Notes Receivable	NOTE 5 – NOTES RECEIVABLE On August 31, 2010, the Company sold its wholly-owned subsidiary, Commission River Corporation. As part of the payment for the sale, the Company was issued a secured negotiable promissory note receivable, in the amount of $490,000, with varying interest rates beginning at 6% and required monthly payments of $10,000 until its maturity on September 12, 2014. The remaining principal balance was paid in full during the quarter ended September 30, 2014. On April 24, 2013, the Company advanced Waterfall Mountain LLC, an unrelated party, $50,000 in the form of a short-term unsecured note receivable with a maturity date of September 15, 2013, and on August 5, 2013 advanced $3,000 to an unrelated party in the form of a short-term loan with a maturity date of February 5, 2014, to fund their future participation in Agricon related projects in Ghana. The total of these two notes along with $833 in interest receivable was written off as uncollectible as of December 31, 2013.

Note 5 - Notes Receivable

3 Months Ended

Sep. 30, 2014

NOTE 5 – NOTES RECEIVABLE

On August 31, 2010, the Company sold its wholly-owned subsidiary, Commission River Corporation. As part of the payment for the sale, the Company was issued a secured negotiable promissory note receivable, in the amount of $490,000, with varying interest rates beginning at 6% and required monthly payments of $10,000 until its maturity on September 12, 2014. The remaining principal balance was paid in full during the quarter ended September 30, 2014.

On April 24, 2013, the Company advanced Waterfall Mountain LLC, an unrelated party, $50,000 in the form of a short-term unsecured note receivable with a maturity date of September 15, 2013, and on August 5, 2013 advanced $3,000 to an unrelated party in the form of a short-term loan with a maturity date of February 5, 2014, to fund their future participation in Agricon related projects in Ghana. The total of these two notes along with $833 in interest receivable was written off as uncollectible as of December 31, 2013.

- Definition

The entire disclosure for claims held for amounts due a entity, excluding financing receivables. Examples include, but are not limited to, trade accounts receivables, notes receivables, loans receivables. Includes disclosure for allowance for credit losses.

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