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Note 8- Convertible Debt: Schedule of convertible debentures (Tables)
12 Months Ended
Dec. 31, 2012
Tables/Schedules  
Schedule of convertible debentures

 

 

 

 

 

 

 

 

 

  Face Value

Initial Discount

Amortization

Carrying Value

July 2012 Notes

    $217,173

   $ (84,788)

$  17,664

     $150,049

September 2012 Notes

     330,900

   (115,712)

    19,285

       234,473

October & November Notes

       59,000

      (13,317)

      1,334

         47,017

November – Related Party Notes

     565,372

     (240,687)

    19,783

       344,468

Total

$1,172,445

$  (454,504)

$  58,066

     $776,007