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Short-term notes payable
9 Months Ended
Sep. 30, 2013
Debt Disclosure [Abstract]  
Short-term notes payable

4. Short-term notes payable

The Company borrowed $250 from Phoenix Banner Holding LLC, $250 from Kendu Partners Company and $250 from Michael W. Engmann, each a related party, on August 3, 2013, September 3, 2013, and September 27, 2013, respectively. The aggregate $750 was borrowed in exchange for three unsecured demand notes that bear interest at the rate of 10% per annum. At September 30, 2013 accrued interest associated with the above notes was $6. The Company used the proceeds for working capital and general corporate purposes.

In April 2013, the Company borrowed $250 in the form of a demand note from Phoenix Banner Holdings LLC, with an interest rate of 10% per annum. The note plus $2 of accrued interest was paid in May 2013.