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Note G - Convertible Promissory Notes Payable: Schedule of Convertible Debentures Outstanding (Tables)
3 Months Ended
Mar. 31, 2015
Tables/Schedules  
Schedule of Convertible Debentures Outstanding

 

March 31, 2015

Outstanding Balance of Convertible Debenture

Unamortized Discount

Net of Principal and Unamortized Discount

Convertible Debentures

 

 

 

January 10, 2014 - Debenture

$7,150

––

$7,150

February 28, 2014 – Debenture

13,910

––

13,910

April 2, 2014 – Debenture

17,815

––

17,815

June 18, 2014 – Settlement Agreement

58,420

––

58,420

Total Convertible Debentures

$97,295

––

$97,295

 

December 31, 2014

Outstanding Balance of Convertible Debenture

Unamortized Discount

Net of Principal and Unamortized Discount

Convertible Debentures

 

 

 

January 10, 2014 - Debenture

$7,150

––

$7,150

February 28, 2014 – Debenture

13,910

(2,063)

11,847

April 2, 2014 – Debenture

20,000

(6,000)

14,000

June 18, 2014 – Settlement Agreement

58,420

(16,228)

42,192

Total Convertible Debentures

$99,480

(24,291)

$75,189