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16. Note Payable
12 Months Ended
Dec. 31, 2012
Debt Disclosure [Abstract]  
Note Payable

Notes payable at December 31, 2012 and 2011 was $43,941 and $46,318, respectively.

 

In January 2010, LE issued a $100,000 short-term note as payment for financing costs. The unsecured note, which bears interest at 18% and was originally due in January 2012, has been extended to June 2013. The balance on this note at December 31, 2012 and 2011 was $39,866 and $46,318, respectively.

 

In March 2012, LE acquired two used trucks for use at the Nixon Facility under a short-term note payable. The unsecured note bears interest at 5%. The balance on this note at December 31, 2012 was $4,075.