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Note 5- Convertible Debt: Schedule of convertible debentures (Tables)
3 Months Ended
Mar. 31, 2013
Tables/Schedules  
Schedule of convertible debentures

 

 

 

 

 

 

 

 

Face Value

Initial Discount

Accumulated

Amortization

Carrying Value

July 2012 Notes

    $213,642

   $ (84,788)

$  28,263

     $ 157,117

September 2012 Notes

      330,900

   (115,712)

    33,749

        248,937

October & November Notes

        59,000

      (13,317)

      2,999

          48,682

November – Related Party Notes

      565,372

     (240,687)

    49,868

        374,553

Total

$ 1,168,914

$  (454,504)

$114,879

     $ 829,289