Convertible Debt (Tables)

9 Months Ended

Sep. 30, 2012

Convertible Debt [Abstract]

Debt

The components of debt are summarized as follows.

	Due		September 30, 2012			December 31, 2011 (Restated)
8% convertible promissory notes		August 2017	$	5,128,520		$	-
8% convertible promissory notes		September 2017		1,500,000			-
8.75% convertible debenture		January 2012		-			172,500
10% convertible debentures		June 2012		-			600,000
Subtotal - principal			$	6,628,520		$	772,500
Less debt discount				(1,531,943	)		-
Subtotal – net of debt discount				5,096,577			772,500
Less current portion				-			(772,500	)
Total – long term debt			$	5,096,577		$	-